Qingdao Yun Qi Non-performing Assets Disposal Co., Ltd. is a special platform for online loan companies to handle non-performing loans. As long as you borrow money, you have to pay it back within a certain period of time, regardless of the region. If an individual's illegal loan is overdue, the online lending platform will terminate the contract and transfer the creditor's rights to Yun Qi assets. Online lending is risky, so the choice should be cautious.
After the online loan is overdue, if the arrears cannot be paid off for a long time, the lending institution may bring a lawsuit to the court and apply for court enforcement. If the lender refuses to perform the effective judgment of the court because there is no enforceable property under his name, negative information such as overdue repayment will be recorded in the personal credit report, and he will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.