Is the text message sent by the Arbitration Commission true?

It may not be true. At present, many collections often require borrowers to repay as soon as possible by sending arbitration messages and emails, so the information encountered under arbitration is not necessarily true and needs careful investigation.

How to distinguish the specific information can be verified by whether the specific information in the short message is correct and whether the case number can be found in the official website of the Arbitration Commission. Even if the arbitration notice received is true, don't be afraid. First contact the online loan platform to negotiate repayment and let the other party withdraw the arbitration application. In addition, you can also actively respond to the lawsuit, collect evidence of illegal behavior of online lending platforms, and safeguard your legitimate rights and interests.

People's Republic of China (PRC) Arbitration Law

Article 2 Contract disputes and other disputes over property rights and interests between citizens, legal persons and other organizations as equal subjects may be arbitrated. Three principles are defined here:

(a) the parties to the dispute must be civil subjects, including legal persons, natural persons and other legal organizations with independent subject qualifications at home and abroad;

(2) The disputed matters in arbitration shall be matters that the parties have the right to dispose of;

(3) The scope of arbitration must be contract disputes and other property rights disputes.