Is it true that you received the Beihai arbitration message from Gitzo? Will Gitzo really sue?

Under normal circumstances, the Beihai arbitration SMS sent by Gitzo is true, and will be prosecuted if it is seriously overdue.

The overdue amount in Gitzo is large, which may cause serious losses to Gitzo, generally more than 5,000 yuan; The overdue time is relatively long, at least 3 months; The repayment attitude is not very positive, and there are even cases of malicious default on loans.

If you are really sued, you will receive a notice of prosecution from the court. You can go to the court to verify the authenticity of the notice of prosecution. The penalty interest generated by overdue loans generally rises by 30%-50% on the basis of the original loan interest rate. Once overdue, it will increase the repayment pressure of the repayment person.

Extended data:

Gitzo Loan is introduced as follows:

For customers who are overdue for more than three months, Gitzo Loan will not be prosecuted by the court according to the loan contract. The court will take compulsory measures to freeze the lender's deposits and carry out property liquidation to repay the lender's losses. Serious cases will be punished by law.

Customers who fail to repay Gitzo loans can no longer enjoy preferential loan policies in the future. Generally speaking, high-quality borrowers with better credit are more likely to get loans with lower expected annualized interest rate, if borrowers suffer credit damage due to overdue loans.

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