Legal analysis: it is a dunning tool and a notice used by the payer or individual when the payment is overdue. Other documents commonly used by enterprises in accounts receivable collection have both commercial nature and legal connotation. Generally, it refers to the letter sent by the payee asking the other party to pay when the other party owes money. A reminder can interrupt the limitation of action. Generally, the limitation of action in civil litigation in China is three years, but the parties claiming rights can interrupt the limitation of action and recalculate the time of three years. Sending a reminder letter is also one of the ways to claim rights, so it can interrupt the prescription and prolong the litigation time.
Legal basis: Article 675 of the Civil Code of People's Republic of China (PRC) stipulates that the borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.