Is the pre-litigation arbitration SMS true or false?

Analysis:

If the case is really filed, it will not be a simple short message. This is generally a collection method. If you haven't borrowed money, don't pay attention to this kind of message. Be careful, it's fraud.

Legal basis:

Article 680 of the Civil Code

Prohibition of high-interest lending and determination of loan interest. It is forbidden to lend at high interest rate, and the loan interest rate shall not violate the relevant provisions of the state.

If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest.

If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.