Gitzo mainly provides consumers with various "in-store sales installment" products and cash loan products, and provides financial support for consumers to buy durable consumer goods and participate in education, tourism and other activities.
Gitzo's dunning process is as follows:
1. If the overdue time is not long, Gitzo will send someone to call the borrower for debt collection. Will continue to call borrowers, add WeChat, send text messages, or send emails.
2. If the borrower still fails to repay the debt after debt collection, there will be a certain penalty interest and a bad credit record for himself.
3. If the borrower still fails to repay the loan, Gitzo will send relevant staff to collect the debt in person.
4. If the borrower fails to repay the loan until the end, Gitzo will take legal measures to protect the bank's own rights and interests through law. If the borrower applies for a mortgage loan, the collateral will be auctioned by the court, and then the proceeds from the auction will be used to repay the loan.
Borrowers should try not to be overdue, because this will not only affect personal credit, but also bear high overdue fees. For overdue fees, whether it is called overdue penalty interest, overdue management or other various names, the charging standards are very high. Therefore, those who have the ability to repay on time should never be overdue.