Legal analysis: online loans need to be repaid, and high interest can be repaid. It is human nature to pay back debts, whether it is private or platform, as long as you borrow money. The legal consequence of not paying back the online loan is to bear the overdue interest, which will affect the credit investigation and bear the fancy collection of the platform. If you don't repay after the online loan platform is collected, or deliberately don't repay after the online loan, the amount exceeds 3,000, which can already constitute a crime and is in danger of being sued by the online loan platform. Once the online lending platform wins the case, the borrower not only has to pay the money to be repaid, but also pays the litigation costs and huge fines of both parties, and even faces jail time. If the borrower refuses to carry out the repayment order, or has the ability not to repay, and insists on default, then the borrower can also be investigated for criminal responsibility. However, if the interest on online loans is similar, the high interest can be repaid. Legal basis: Interpretation of the Supreme People and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases Article 1 Where the value of public and private property is more than 3,000 yuan to 10,000 yuan, more than 30,000 yuan to 100,000 yuan and more than 500,000 yuan, it shall be deemed as "a large amount", "a huge amount" and "a particularly huge amount" as stipulated in Article 266 of the Criminal Law respectively. Article 266 of the Criminal Law of People's Republic of China (PRC) stipulates that if the amount of public or private property is relatively large, it shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail. Derivative question: What are the criteria for filing a case? The filing standard is: 1. Acts committed by criminals; 2. The behavior of the actor meets the requirements of "relatively large amount" (the relatively large amount is generally more than 3,000 yuan to 10000 yuan). Crime refers to the act of using deception for the purpose of illegal possession to make the other party have a wrong understanding, make the property disposition that the perpetrator wants, and defraud a large amount of public and private property.

Second, is online lending a private account loan?

Customers also need to repay on time according to the agreed repayment plan, and cannot fail to pay back after the deadline. If they don't pay back the money, it will inevitably lead to overdue and adverse effects.

At that time, there will be a penalty interest and more. In addition, although many loan platforms do not access the credit information of the central bank, the overdue situation will still be reported to big data by the system, leaving a bad record in big data, which will also affect the subsequent application for loans from other loan platforms.

Of course, if the platform for customers to borrow money charges high penalty interest or various unreasonable fees, customers can choose not to repay the fees beyond the specified range (the annualized interest rate shall not exceed 4 times of the floating interest rate LPR). There is no need to return it. Customers can also collect evidence and report it to the Internet Finance Association or the local CBRC to safeguard the legitimate rights and interests of individuals.

It is best for customers to avoid unknown small loan companies and apply for loans on a formal loan platform approved by the China Banking Regulatory Commission and holding a financial license.

3. Will online loans be repaid across provinces in 2022?

Since June 65438+ 10/day, 2022, financial companies may not issue loans to individuals and enterprises outside the place where they hold shares. It means that conducting business across provinces may be suspected of illegal lending, and the previously signed inter-provincial contract may also be invalid.

Fourth, must the online loan collection account of college students be my own?

I am definitely needed, and the online lending platform will not lend money unless it is my account.