It is true that Alipay entrusts Shanghai Haihua Law Firm to send a lawyer's letter, which is a means to collect Alipay's overdue accounts. Lawyer's letter has no legal effect, just a means to pressure you to repay.

The consequences of Alipay's overdue payment: First, Sesame Credit will lower your score and even cancel your quota. Two: Sesame Credit is applying for a credit license. After the license is issued, Sesame Credit will share your credit with more businesses, and then you will be treated differently by more institutions. Third, if someone is maliciously overdue, such as long repayment time and large amount, and can't contact the user, it will be reported to the central bank's credit information system, which will affect the user's credit information record. Banks may refuse to provide loans when reviewing car loans and mortgages; If you just forget to repay, the time is short and there is a grace period, which may affect Sesame Credit, but it will not be recorded in the central bank's credit information system.