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Will micro-loans be prosecuted? Is it true?/You don't say.
Yes Really. According to Cai Xi's survey. com:
1. Meeting: Microfinance is a formal and reliable lending platform. Users who fail to repay for more than three months will be sued by the platform.
2. Really: As micro-loan is a product of Weizhong Bank, once the amount exceeds the risk control scope of the bank, micro-loan will really sue the court in the case of hopeless collection.
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