If you are sure to be prosecuted, you will receive a court summons, so your behavior is malicious arrears, which does not constitute a crime and belongs to an economic dispute. There is nothing wrong with your credit information now, so you'd better repay it before the court brings a lawsuit. Otherwise, if you don't implement it after the court sues, you will enter the blacklist of credit information, which will affect your life. Without high consumption, there would be no high-speed rail. Bank loans may also go wrong, affecting all aspects of you. Crucially, this court can also enforce, freeze your bank card and seal up your property.

However, this process is rather long. I will send you a lawyer's letter first.

In addition, if you show that you are not going to repay the installment loan from the beginning, powerful people may cheat you with contract fraud. This is a crime, and you really have to go to jail. Of course, ultimately it depends on how the court decides.

Legal basis: Article 118 of the Civil Code stipulates that civil subjects shall enjoy creditor's rights according to law. Creditor's right is the right of the obligee to request a specific obligor to perform or not to perform an act due to the legal provisions such as contract, tort, negotiorum gestio, unjust enrichment, etc.

Note: The Civil Code will come into effect on 20211.