Is it true that Guo Hui Law Firm sent a text message?

It's true. If we get the loan, but it is due, we still have to bear the corresponding legal responsibilities. If there is a contract between them, they should follow the principle of good faith. If they are really unable to repay, they should also explain clearly to each other. You can't take inappropriate actions such as disappearing or transferring property to avoid responsibility. A lot of information, especially the reminder notices sent by SMS and email, are mostly made by the legal department of the enterprise, which belongs to the reminder. The reminder will explain the legal consequences of non-repayment, such as going to court to make the debtor bear legal responsibility. This kind of instrument is not enforceable, but it has the effect of interrupting the limitation of action and reminding the debtor to repay. Post-loan repayment method: (1) equal repayment of principal and interest: that is, the sum of loan principal and interest is equal monthly repayment. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same; (2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month; (3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis; (4) Repaying part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, and the general amount is an integer multiple of 1 1,000 or 1 1,000. After repayment, the loan bank will issue a new repayment plan, in which the repayment amount and repayment period are changed, but the repayment method remains unchanged, and the new repayment period shall not exceed the original loan period; (5) Repay all the loans in advance: that is, the borrower can repay all the loan amount in advance when applying to the bank. After repayment, the loan bank will terminate the borrower's loan at this time and handle the corresponding cancellation procedures; (6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty. One of Article 293rd of the Criminal Law, in any of the following circumstances, illegal debts arising from high-interest loans shall be collected. If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined: (1) using violence or coercion; (2) restricting the personal freedom of others or intruding into others' houses; (3) Threatening, stalking or harassing others.

legal ground

One of the two hundred and ninety-third provisions of the Criminal Law of People's Republic of China (PRC) stipulates that the crime of illegal debt collection is under any of the following circumstances. If the circumstances are serious, they shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined: (1) using violence or coercion; (2) restricting the personal freedom of others or intruding into others' houses; (3) Threatening, stalking or harassing others.