Notify the arbitration by SMS in installments, saying that it can be paid off in advance, and only the principal will be credited to the company account. Is it true or not?

The principal settlement mentioned in the collection is not necessarily true or false; At present, the outsourcing collection policy in the market basically does not allow collection agencies to make their own decisions.

First, the popular understanding of arbitration is the dispute between me and the online lending platform. Please ask a credible institution to mediate. After mediation, everyone can't go back on their word. The institution itself should stand on the position of fairness and justice, so that everyone is willing to make concessions. One way to solve civil disputes is to ask for a reasonable judgment.

Second, let's talk about what arbitration means first. There is no complete arbitration process. Before the dispute between me and the online lending platform occurred, the arbitration institution made a ruling on the premise that there might be a dispute. When the Borrower fails to perform or fails to fully perform the Contract, it shall apply to the relevant court for filing and execution based on this award. To put it bluntly, it's a matter of bringing it up before doing it, the Supreme People's Court. The reply has been made, and the court should first make an arbitral award that is not accepted. It accepted the ruling and rejected the application for enforcement. Therefore, it is illegal for the old railway to receive the arbitration award directly without informing the arbitration notice in advance, because there is no reasonable arbitration procedure.