Is it true that installment finance texted me?

Legal analysis: concrete analysis of specific problems. First of all, these regular licensed consumer finance companies are credit reporting companies, and the sources of funds behind them are mostly banks. If the borrower has been in arrears, it is very likely that the other party will sue.

Legal basis: People's Republic of China (PRC) Civil Procedure Law.

Article 9 When trying civil cases, the people's courts shall conduct mediation on the basis of voluntariness and legality. If mediation fails, a judgment shall be made in time.

Article 10 When trying civil cases, the people's courts shall practise a system of collegiate bench, recusal, public trial and second instance as the final instance according to law.