Unlike Internet finance companies, Gitzo is a foreign-funded company with pure foreign capital listed in Hong Kong. In order to start and develop consumer finance, there are also many irregularities, which exploit policy loopholes and even violate the interest rate red line stipulated by law. Moreover, these online lending companies have more or less the behavior of charging interest in disguise. Let's analyze the consequences and coping strategies.
If you don't return Gitzo's money, you may face high-pressure collection. Why do all online lending companies dare to lend at will, not only because they have your detailed information, but also because they are on the edge of the law. Door-to-door collection, although you use online loans, when you don't pay back the money, the collection staff may collect it on the spot through your home address, and may face the pressure of different eyes from neighbors. Exploding the address book collection, which is the usual threatening way for online loan collectors, has great psychological pressure on lenders. Most online lenders are afraid that relatives and friends around them will know the fact of their online loans, which can often hit lenders. In short, like other online lending platforms, Gitzo has its own collection department, and the wages of collection personnel mainly depend on the recovery of commissions, which has prompted the emergence of various irregular collection behaviors.
Gitzo may face a civil lawsuit that fails to repay the debt through some collection means. Gitzo's legal department will sort out the debtor's information and bring a lawsuit to the court. If you don't pay back the money you owe, many people will be involved in civil litigation disputes. After all, litigation is quite inconvenient. If you happen to be sued by Gitzo, I suggest you take part in the lawsuit boldly and ask professionals to evaluate whether the loan interest you use exceeds the national interest rate standard. Online loans are repaid through the network, and repayment records and repayment records on schedule can be called on the mobile phone. Carefully collect these evidences, calculate the real interest rate, and request the court to reject Gitzo's unreasonable interest request.