It’s true.

Xinerfu is a loan software with formal business procedures. Xinerfu Software introduces judicial collection links, and the person subject to execution will face credit downgrade. Internet financial accounts of Sesame Credit, Alipay, and WeChat Pay will all be will be affected.

In the event that the borrower is seriously overdue, Xinerfu will take legal action, including applying to the court for a property preservation notice, to protect the creditor's rights. Xinerfu sent a message saying to apply for a property preservation notice from the court, which is true.