1. Pay a high penalty interest. If the user fails to repay after the repayment date, he will start to calculate the penalty interest, and the interest rate of the penalty interest is very high. The longer the overdue period, the higher the penalty interest.
2. Bad credit is generated because Gitzo is connected with the credit information system of China People's Bank. In loans overdue, bad records will be uploaded to personal credit information, and users' future applications for loans and credit cards will be affected.
3. Gitzo will adopt various collection methods, which will have a certain impact on the lives of users and their families.