The money owed to Gitzo is three months overdue. Why did they send people to my house to make trouble and threaten me with text messages? What should I do?

If you use illegal means to urge loans, you can call the police. But you'd better find a way to borrow money and pay it off as soon as possible. Otherwise, they can sue you and the court can enforce it, which will affect your credibility.

As long as you sign the loan contract and acknowledge the established fact of the loan, if you don't pay back the money, you will also be sued to the court. In serious cases, your assets will be directly seized. If you don't carry it out, you may face the risk of going to jail. Microfinance also faces the following consequences:

1, penalty interest and liquidated damages. If the loan is not repaid, the first thing you encounter is a high penalty interest. Some financial institutions need you to pay a fine on the basis of penalty interest. These expenses add up to a lot of money.

2. Credit damage. If you borrow money from the bank, if you don't pay back the money within the time limit, your personal credit report will be tarnished, and it will be more difficult to apply for credit cards and loans in the future. Even small loan companies are not included in the credit report, and there is a shared "blacklist" system in the circle. If a company does not pay back the money, it is difficult to approve other loans.

3. Collect in various ways. Banks and small loan companies have their own collection systems. Beginners will send you text messages and ask for payment. In some serious cases, there will even be a collection staff putting pressure on you 24 hours a day, which will seriously disrupt your work and life.

4. If sued, assets may be seized. Financial institutions will also arm themselves with laws. If you don't pay the arrears, you will be sued if the amount is large. Once the court makes a verdict, even if you 100 are reluctant, you must implement the "repayment ruling". Otherwise, the court will seal up the property under your name according to law and repay the arrears with the proceeds from the auction.

If the circumstances are serious, you will go to jail. Generally speaking, such incidents as non-repayment of loans are civil disputes and will not rise to the criminal level. However, if the borrower refuses to implement it, he is determined to become a deadbeat, preferring to run away rather than pay back the money. If the circumstances are very bad, the court will also investigate the criminal responsibility of the borrower. If it is too serious, he will go to jail.