Legal analysis: Malicious loan default refers to repayment ability, refusal to return, serious overdue and inability to contact myself. Malicious default on payment for goods does not constitute a crime, but an economic dispute, which can be resolved through consultation. If negotiation fails, they can go to court directly. The court ruled that the online lending platform won the case, and the borrower not only had to pay the money that needed to be repaid, but also paid the litigation costs and huge fines of both parties, and even faced jail time. Those who refuse to execute the effective legal documents within the time limit may apply for compulsory execution. If the online loan platform fails to repay the loan within the time limit, it will be recorded in the credit information system of the People's Bank of China like bank loans and credit cards, resulting in credit stains.

Legal basis: Interim Measures for the Management of Business Activities of Personal-to-Personal Lending Information Intermediaries Article 29 Disputes between lenders and information intermediaries, between lenders and borrowers, and between borrowers and personal-to-personal lending information intermediaries can be resolved through the following channels: (1) Self-settlement; (two) request the industry self-regulatory organizations to mediate; (3) applying to the arbitration department for arbitration; (4) bring a lawsuit to the people's court.