1. Become a credit loan user: A large number of overdue online loans will not only become cyber criminals, but also affect credit information and become credit loan users. After becoming a credit loan user, you should be prepared not to apply for mortgage, car loan or credit card within 5 years.
2. Long-term collection: forced landing will definitely encounter a large number of collection calls, and even be threatened by intimidation. If you encounter violent collection, it is recommended to call the police to deal with the problem.
3. Possible prosecution: If the loan amount is large, some online lending companies may sue in court. Although most of the time, online lending companies will not sue, but special circumstances are not ruled out.
4. Explosive address book: In addition to receiving collection calls, relatives and friends around you may also receive collection calls to let everyone know that borrowers owe money.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 680 High-interest mortgage is prohibited, and the loan interest rate shall not violate the relevant provisions of the state.
Article 103 Unless otherwise provided by law or expressly agreed by the obligee, no organization or individual may commit the following acts:
(a) by telephone, SMS, instant messaging tools, e-mail, leaflets, etc. Disturb the private life of others;
(2) Entering, taking photos or peeping into other people's private spaces such as houses and hotel rooms;
(3) Shooting, peeping, eavesdropping or revealing other people's private activities;
(4) Shooting or peeping at the private parts of others' bodies;
(5) handling other people's private information;
(6) Infringe upon the privacy of others in other ways.