How long will the online loan be sued if it is overdue?

Loans overdue, an online merchant, will be prosecuted for more than three months. The general statute of limitations is three years from the agreed loan maturity date, which is the statute of limitations for prosecution. The general platform will sue the debtor after two or three times of collection, and it will not exceed three years after the loan expires. If a lawsuit is filed, it is usually between two and three months after the debtor's overdue payment. The regulations of each platform are different. It is recommended to repay as soon as possible, with high overdue fees, fancy platform collection and personal credit reporting.

Interim Measures for the Administration of Personal Loans

Article 1 In order to standardize the personal loan business of banking financial institutions, strengthen the prudent management of personal loan business and promote the healthy development of personal loan business, these Measures are formulated in accordance with the Banking Supervision Law of the People's Republic of China, the People's Republic of China (PRC) Commercial Bank Law and other laws and regulations.

Article 2 People's Republic of China (PRC) and banking financial institutions established in China with the approval of China Banking Regulatory Commission (hereinafter referred to as lenders) shall abide by these Measures when engaging in personal loan business.

Article 3 The term "personal loans" as mentioned in these Measures refers to loans in local and foreign currencies issued by lenders to qualified natural persons for personal consumption, production and operation.

Article 4 Personal loans shall follow the principles of compliance with laws and regulations, prudent operation, equality, voluntariness, fairness and good faith.