Contact JD.COM in time: There must be a reason for receiving the lawyer's letter, usually because the collection is overdue. You should contact JD.COM Company as soon as possible and explain your actual situation. JD.COM Company will decide whether to sue the borrower according to the feedback.
Try to apply for negotiation: Just contacting JD.COM is just a delaying tactic. To truly solve the overdue problem, it is necessary to negotiate repayment in time. Take this opportunity to apply to JD.COM for negotiation, either postpone repayment or reduce interest, and choose according to your actual situation. If JD.COM Platform agrees, you can sign a contract and repay the loan in a new way.
Second, what happens if you are sued after the deadline?
Will be required to repay: if you are sued after the deadline, you will definitely be required to repay. The court will make a judgment according to the actual situation, and the borrower will pay off the arrears according to the loan requirements. If it fails to comply with the requirements, the court will enforce it and may freeze the relevant property.
Bear criminal responsibility: if there are other illegal acts except overdue repayment, the court will sentence the borrower to fixed-term imprisonment after finding out the situation, and there will be corresponding criminal fines, which will also be recorded in the file, which will have a far-reaching impact on future life and the children will also be affected.
What should I do if I receive a letter from JD.COM?
3. What will happen to loans overdue?
Collection: One of the consequences of overdue is collection. If the arrears are not paid off, the collection will not stop for a day. The longer it is delayed, the worse the collection attitude will be.
Record: At present, all loans are formal loans. After the deadline, bad credit records will be uploaded to the central bank, affecting personal credit, and then the loan can not continue.
Penalty: overdue loans are a breach of contract. In case of default, the corresponding loan company will charge the corresponding overdue interest and liquidated damages, and the repayment pressure will increase.