I bought a mobile phone in Baiqian Finance by installment, but it has not been returned for several months and the notice has been sent.

Baiqian is a guarantee company. In the early days, Harbin Bank cooperated with him to collect credit information, but now it is completely useless. It doesn't have much impact on credit reporting to customers. In fact, it is fraud. They can't make dunning by legal means at all, they will only call you to scare you and find a dunning company. Mobile phone installment only uses Gitzo credit information and holds a financial license.

Moreover, this interest rate higher than 25% is a high interest rate, which exceeds the national regulations and can be sued. If you do staging in the future, you can go to staging music and the like, and your interest is very low.