You will not go to jail if you owe an online loan. Online loans are not criminal liability, but civil liability. Our country's laws stipulate that debts must be paid off. If the debtor is temporarily unable to repay, the debt may be repaid in installments with the consent of the creditor or the ruling of the people's court. If the person is able to repay and refuses to do so, the People's Court shall make a judgment to force repayment. Therefore, you will not go to jail if you owe an online loan.

Article 577 of the Civil Code, which took effect on January 1, 2021, stipulates that if a party fails to perform its contractual obligations or performs its contractual obligations inconsistently with the agreement, it shall be responsible for continuing the performance and taking remedial measures. Or liability for breach of contract such as compensation for losses.

Article 578 stipulates that if one party expressly states or shows by its own behavior that it will not perform its contractual obligations, the other party may request it to bear liability for breach of contract before the expiration of the performance period.

Legal Basis

Article 577 of the Civil Code

If a party fails to perform its contractual obligations or performs its contractual obligations inconsistently with the agreement, it shall bear the liability Continue to perform, take remedial measures or compensate for losses and other breach of contract obligations.

Article 578

If one party expressly states or shows by its own behavior that it will not perform its contractual obligations, the other party may request it to bear liability for breach of contract before the expiration of the performance period.