Why did Inclusive Finance send a text message saying that I am a debtor?

The main reason why text messaging in inclusive finance is the first debtor is that the borrower is also the debtor. It is understood that debtors mainly refer to borrowers who are both borrowers and debtors. We also understand that inclusive finance is a small and micro enterprise that mainly provides effective financial services to the people.

1. Understanding inclusive finance

Inclusive refers to providing financial services to all societies in need of financial services at an affordable cost based on the requirements of equal opportunity and the principle of sustainable operations. Provide appropriate and effective financial services to classes and groups. Special groups such as small and micro enterprises, farmers, urban low-income people, poor people, disabled people, and the elderly are key targets of inclusive financial services. Vigorously developing inclusive finance is an inevitable requirement for my country to comprehensively build a moderately prosperous society. It is conducive to promoting the sustained and balanced development of the financial industry, promoting mass entrepreneurship and innovation, promoting the transformation and upgrading of economic development methods, and enhancing social fairness and harmony. On August 5, 2018, the "China Inclusive Financial Innovation Report (2018)" jointly prepared by the National Finance and Development Laboratory, the National Party Media Information Disclosure Platform, WeChat, and Bank was publicly released in Beijing [2] In October, China The China Banking and Insurance Regulatory Commission released an excerpt from the "Report on the Development of Inclusive Finance in China".

2. ***Debtors

The borrower is also the debtor. If there are two or more debtors, they are the same debtors and share the obligations according to the determined shares. Each debtor who is a joint and several debtor has the obligation to pay off all debts, and those who have fulfilled their obligations have the right to require the joint and several debtors among the patients to pay their share among the patients. Article 84 of the General Principles of Civil Law stipulates that debt is a specific relationship of rights and obligations between parties based on contract or law. The person who enjoys the rights is the creditor, and the person who bears the obligations is the debtor. The creditor has the right to require the debtor to perform its obligations in accordance with the contract or legal provisions.

As can be seen from the above, the debtor is both a borrower and a debtor. It is recommended that if you take out a loan for consumption, you must repay it in time to improve your credit score.