According to the relevant laws and regulations, if the online loan is overdue during the prison term, the prisoner can entrust his family to repay the overdue online loan on his behalf, or negotiate with the credit company to postpone the repayment. If it is not handled within the time limit, the lending institution may sue the prisoner.
If a loan is not applied for within the time limit during serving a sentence, the lending institution may sue the prisoner. If it is really unable to repay, it shall negotiate with the credit company to extend the repayment period or repay it in installments.
If the prisoner is really unable to repay, he should also negotiate with the credit company to extend the repayment period or return it by stages. If the negotiation fails, we still have to find a way to repay the loan. If the borrower brings a lawsuit to the court, the court will not be lenient because he is a prisoner, and will still make a judgment according to relevant laws. If the evidence investigation is sufficient and realistic, then the borrower will still win the case. After the borrower wins the case, if the prisoner fails to perform the court decision during the performance period, the borrower will apply to the court for compulsory execution. A prisoner who refuses to execute the effective judgment of the court because he has no property to execute under his name may have a heavier sentence.
Legal basis: general rules of loans
Article 32 The borrower shall repay the loan principal and interest in full and on time in accordance with the loan contract.
The lender shall issue a notice of repayment of principal and interest to the borrower before the short-term loan expires 1 week and the medium-and long-term loan expires 1 month; The borrower shall prepare funds in time and repay the principal and interest on schedule.
The lender shall promptly issue a notice of overdue loan collection, and do a good job of overdue loan principal and interest collection.
Lenders charge interest on loans that cannot be repaid within the time limit stipulated in the loan contract; If the principal and interest cannot be repaid or executed, it shall be urged to repay or bring a lawsuit.
The borrower shall negotiate with the lender when repaying the loan in advance.