What if all online small loans are overdue?

After the loan is overdue for a long time or deliberately not repaid, after the amount exceeds 2000, it can already constitute a fraud crime and is in danger of being sued by the online lending platform. Once the court decides that the online lending platform wins the case, the borrower not only has to pay the money that needs to be repaid, but also pays the litigation costs and huge fines of both parties, and even faces jail time.

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1. Small loan network adheres to the four principles of safety, openness, transparency and sharing, selects high-quality projects, adheres to the operating concept of low risk and high return, puts customers first, and mainly serves the younger generation of Internet financial management. Small loan network advocates the business philosophy of "small loan wealth, loan future" and is committed to becoming a leading Internet financial platform and promoting the development of the Internet financial industry.

2. Small loan network belongs to Shanghai Yinlai Group. Shanghai Yinlai Group is a comprehensive financial service company engaged in asset management, industrial investment and investment banking. Founded in 2006, it is headquartered in Lujiazui financial core area, Shanghai. By 20 14 and 12, branches have been set up in more than ten cities such as Beijing, Guangzhou, Nanjing, Shenzhen, Xiamen, Fuzhou, Linyi, Haikou and Lishui, and it is estimated that the number will increase to more than 30 by 20 15. The annual fundraising scale of the company exceeds10 billion.