Repayment should be made as soon as possible to avoid legal liability. If it fails to pay back within the time limit or fails to pay back after two reminders, the parties concerned will be prosecuted. First of all, after repeated dunning, if the parties still do not repay, they will file a civil lawsuit with the court. After the people's court hears the case, if the parties still fail to repay the loan, they can transfer the case to the public security organ for investigation and formally establish it as a criminal case. After investigation, the public security organ will transfer the case to the procuratorate for public prosecution.

Suggestions for action:

If there is overdue, the first thing to do is to actively raise funds to repay the arrears. If you can't repay the debt within a period of time, you can contact the other party for consultation first, and the other party will ask the debtor to submit relevant supporting materials. If the debtor's relevant materials meet the requirements, it will help the debtor to postpone repayment.

Two, the use of China postal consumer finance matters needing attention

1. Before borrowing China Post's consumer finance, users must be rational, first make a more detailed and complete payment plan, and then choose the appropriate payment amount, term and interest rate in combination with personal income, expenditure and family status.

2. As China Post's consumer finance adopts the method of borrowing first and then paying back, that is, the interest is calculated on a daily basis, so the borrower can repay at any time without monthly repayment.

After borrowing goods, the borrower should form the habit of frugal life, save more money, and then pay it back early.

4. If China Post's consumer finance has payment terms, users must read the terms of the contract when signing the payment contract, clearly know when to repay, and then set a reminder 1-2 days before each repayment date to remind individuals to repay on time.

China Post's consumer finance is very good. However, because everyone's asset strength is different, the speed of the next payment and the amount of approval are also different. In addition, China Post's consumer finance loan is about 1-3 working days.

legal ground

People's Republic of China (PRC) Civil Code

Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons. The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.