However, the network loans overdue will not bring a lot of trouble to borrowers:
1, overdue interest, overdue penalty interest of some online loans is higher than loan interest;
2. Overdue collection, including telephone and SMS collection, will also entrust a collection company;
3. Exploding the address book, which brings troubles to the daily life of borrowers, relatives and friends;
4. In terms of credit, the overdue repayment of most online loan products will affect personal credit;
5. If the online loan is sued to the court and the other party wins, you may be enforced, or you will risk going to jail.
I haven't heard of anyone going to jail because of online loans, but this doesn't mean that online loans will not go to jail after they are overdue, or that online loans can't be repaid after they are overdue.