Gitzo sends SMS to reduce fees

Gitzo's waiver confirmation letter is true. As long as he agrees to abstain, the amount on it will change when you repay, as long as it changes. Generally speaking, the platform will not take the initiative to introduce a reduction policy. The reason is very simple, just like when you go shopping, it is clear that everyone can only buy 10 yuan, but as long as you apply for a reduction in 8 yuan, others will buy it, which is "unfair". Although the platform doesn't care about fairness or not, it is easy to cause dissatisfaction. In the end, there may be a situation that "I won't pay back if I don't reduce losses". It is the platform that comprehensively reduces losses. So when you meet the Gitzo platform that the settlement is reduced, you need to pay attention to find out whether it is really reduced or let users repay first.

Repayment method

(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. 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;