Is pre-litigation mediation on Paipaidai real?

Yes. Paipaidai pre-litigation mediation means that when a dispute arises between a Paipaidai borrower and a lender, the two parties can resolve the dispute through mediation without filing a lawsuit. Paipaidai pre-litigation mediation is real and effective. Both parties can resolve disputes through a mediation agreement. Once the mediation agreement is signed, both parties are obliged to perform it. The mediation agreement has legal effect.