The reason they "scare" you is to make you feel afraid of being caught and pay back the money quickly. If you really don't pay it back, they really won't call the police. Why? Because the police will not care about this kind of loan dispute... Indeed, they have the right to sue you, and the court will accept it! But in reality, why aren’t there many prosecutions?
First, because most online loan platforms pretend to be high interest rates, they actually go to court. Under the pressure of court professionals, their purpose of asking for high interest rates has been defeated; another reason is the cost, and online loan quotas are generally not large. As a last resort, there is really no need to litigate for this little money.
If you do not borrow online loans on the platform of the banking department or the credit reporting department, they have no right to blacklist you directly from the credit reporting system. They still have to go to court to sue, and if they win, apply to the court for enforcement. At this time, if you do not pay back the money, you can apply to the court to be included in the list of dishonest persons. However, the reality is that these online loan debt collection companies can avoid lawsuits and try to avoid lawsuits. Basically, they use all kinds of unscrupulous means to collect debts privately, send all kinds of scary-looking "warning" text messages, use "call you to death" software to harass you, and call your company, colleagues, friends, classmates, family members, and even your ex.
Yuyuan Law reminds you that if you encounter an obviously unreasonable online loan in your life, try not to keep it private. If you encounter illegal collection, be sure to keep the evidence and call the police if necessary. Don't be afraid of getting sued. If you do, maybe the court notice is your "life-saving straw"!
I hope my answer can help you, and I hope you will adopt it, thank you!