1. Statutory limitation: According to China's Contract Law, the limitation period for general creditors to exercise their rights against debtors' claims is 3 years. If the creditor fails to take legal action within 3 years, the creditor's right may be regarded as having expired. Therefore, if the creditor considers suing after the online loan is overdue for five or six years, it may have exceeded the limitation period stipulated by law and cannot sue.
2. The debtor has no repayment ability: In some cases, the debtor may really have no repayment ability and cannot repay overdue debts. Creditors may consider the debtor's repayment ability. If the debtor is really unable to repay, the creditor can choose not to sue, but seek a solution through other means such as negotiated repayment and debt restructuring.
3. Cost consideration: prosecution is a time-consuming and laborious process, and it needs to pay attorney fees, legal fees and other expenses. If creditors think that the cost of prosecution is too high, they may choose not to prosecute, but seek solutions through other channels.
It should be noted that the above are only some possible reasons, and the specific situation needs to be judged according to the actual situation. If faced with similar problems, it is recommended to consult a professional lawyer to obtain more accurate legal advice.
Changbai data can be used to query online loan data reports, including user application times, online loan data, online black index score, hit risk warning, court prosecution information, arbitration case information, and untrustworthy information. These data are very accurate.