What happens if the overdue online loan person dies? The debtor dies, but the debt cannot be eliminated. This point is clearly stated in my country's "Succession Law" and related laws. If a creditor wants to recover a debt, it must first look at whether the debtor has left any property, and secondly whether there is a debt guarantor. After the death of a general citizen, if he has property, his debts will be borne by his heirs; if he has no property or the heir abandons inheritance, the heirs will not bear the debts of the deceased. 1. How long will it take for online loans to be sued? According to the "Contract Law" and relevant laws and regulations, if the contract stipulates overdue payment, it shall bear liability for breach of contract in accordance with the contract. If the contract clearly stipulates liquidated damages for overdue payment, or stipulates specific methods of compensation for losses, the party shall bear liability for breach of contract in accordance with the contract; if the stipulated liquidated damages are excessively higher than the losses caused, the tribunal shall, upon request of the defaulter, It can be reduced according to law. If the parties to the contract have not clearly agreed on the liability for breach of contract for overdue payment, the defaulter shall still bear statutory interest in accordance with the law. 2. Adverse consequences of overdue online loan repayments: 1. Bearing high overdue fees. For overdue fees, different online loan platforms have different names and charging standards. Whether it’s called overdue penalty interest, overdue management, or other various names, the charging standards are very high. Therefore, if you are able to repay your loan on time, do not overdue it. 2. Accept the platform’s fancy collections. Collection is generally divided into three stages: the first stage, just a few days overdue, the platform customer service MM will whisper and warmly remind you that it is overdue, please repay on time; the second stage, the overdue period is longer, the platform customer service will be serious Warning, if the threat is overdue again, serious consequences will be faced; in the third stage, if the deadline is overdue for a long time, the platform will no longer persuade with good words and start to take practical actions. There are many types of practical actions, for example: the platform will push your debt information to your relatives and friends, making you lose face in your circle of friends; the platform will arrange for specialized collection personnel to come to collect collections, communicate face-to-face to collect accounts, etc. Of course, these are relatively mild. Some platforms outsource debt collection and let specialized debt collection companies handle the debt collection. I believe borrowers are not willing to encounter the "violent debt collection" scandals reported some time ago by debt collection companies. 3. The People’s Bank of China’s credit report is stained. At present, most online loan platforms have not yet connected to the People's Bank of China's credit reporting system, but access to the People's Bank of China's credit reporting system has become an inevitable trend. In the future, overdue loans on online loan platforms will be recorded in the People's Bank of China's credit reporting system just like overdue bank loans and credit cards, causing credit stains. If the previous consequences were just a loss of face, then the stain on the credit report will affect real life. If you want to buy a house, you will not be able to get a loan, if you want to buy a car, you will not be able to get a mortgage, etc. 4. The defendant goes to court. If the loan is overdue for a long time or deliberately fails to repay, and the limit exceeds 2,000, it can already constitute a crime of fraud, and there is a risk of being taken to court by the online loan platform. Once the court rules in favor of the online lending platform, the borrower will not only have to pay the required repayment, but also pay both parties’ litigation costs and huge fines, and may even face jail time. Through the discussion on the issue of online loan repayment, after the death of the borrower, the loan will not disappear out of thin air. In other words, according to relevant regulations, the borrower or institution can initiate a repayment notice to the legal relatives of the borrower in accordance with the law, and This loan must be legal. The debt shall be borne by his heirs unless he renounces the inheritance.