Joke Collection Website - Blessing messages - Gitzo's arrears are overdue, and now the third party collects the interest reduction and only repays the principal. Is it true?/You don't say.

Gitzo's arrears are overdue, and now the third party collects the interest reduction and only repays the principal. Is it true?/You don't say.

It's true, and this statement is credible. In fact, not only Gitzo, but also many online lending companies will do this. Because the principal and interest can't be collected for a long time, the online loan company is afraid that the debtor will default for a long time. If the debtor has an accident, even death, then they can't even recover the principal at all. Therefore, if the debtor is in arrears for a long time, and the online loan company thinks that it is impossible to fully recover the principal and interest, it will reduce the interest and let the debtor pay off the principal as soon as possible.

Pay back the money through formal channels. Although online lending companies have this relief policy, debtors should be cautious, especially when a third party calls for dunning. Don't be cheated by irregular companies. When you repay, you still have to repay through formal channels, such as paying back money directly from the internet or typing it into a bound card. Don't transfer money to other people's accounts. When it comes to money, you must be clear-headed and don't be confused by other people's hype. You will be cheated by others for a while.

Ask the third party to provide proof of settlement. If a third party calls, it says it can reduce interest and only pay back the principal. If the debtor happens to have so much money in hand and is willing to pay back the money, don't forget to receive a settlement certificate from a third party. After all, it is linked to money, so we should do things comprehensively. Remember to ask the third party what company it is and ask the third party to issue a settlement certificate. If possible, it is best to record the negotiation process between the two sides so that evidence can be produced when problems arise in the future.

The interest on online loans is too high and unreasonable. Online loan companies often take such measures, because the interest is too high, and borrowers generally have a lot of principal of online loans. After a long time, the accumulated interest will be higher, and many people will not pay it back in the end. Although online loan companies make money by interest, if they can't even collect the principal in the end, the losses will be even greater. Therefore, if a third party calls to reduce interest and ask for the principal, this situation is indeed credible.