If the interest rate exceeds 24%, you don't have to pay back the excess. If you do, or you don't, it's only for the excess, not including the excess, that is to say, you need to pay back the principal and the excess.

For the part exceeding 36%, the unpaid part may not be returned, and the repaid part may also be required to be returned by the other party. But only in excess.

Did Gitzo exceed the bank interest rate by 24%?

Gitzo is a financial loan. As long as the loan interest rate does not exceed 36%, the part that does not exceed is legal. Therefore, even if the loan interest rate of Gitzo exceeds 24% and some users have already repaid, users cannot recover the repayment amount from Gitzo. And the user refuses to pay more than 24% interest, then Gitzo may not sue the user for repayment.

Therefore, when users apply for Gitzo, they need to comprehensively calculate the loan interest rate of Gitzo. If the loan interest rate has exceeded 24%, users can stop applying for loans.

The police said Gitzo didn't need to pay back the money. Excuse me, is it really necessary to pay back the money owed by Gitzo?

The police said Gitzo didn't have to pay back the money. It should mean that the interest rate exceeding 24% is not repaid, but the principal and interest within the normal range need to be repaid.

It should be that Gitzo Finance charges extra interest, so the public security organ tells you that you don't have to pay it back, but you still have to pay the normal loan and interest, otherwise your personal credit information will be affected.

Gitzo Group:

Gitzo Group is a leading international consumer financial service provider with operations in 9 countries around the world. Gitzo Group operates in compliance in Central and Eastern Europe (Czech Republic and Slovakia), CIS (Russian and Kazakh), China and Southeast Asia (Indian, Indonesian, Philippine and Vietnamese). By June 5438+February 3, 20201day, Gitzo Group had provided loan services to more than 654.38+385 million customers through a huge sales network consisting of about 333,299 loan service points (POS), loan offices, offices, post offices and automobile dealers around the world. The total assets of Gitzo Group have now reached 654.38+085 billion euros.

In order to expand the China market, PPF Group set up a representative office in Beijing in 2004, and officially launched consumer credit business in Guangfo, China in February 2007, and launched consumer financial services in Shenzhen, Chengdu and Tianjin in 2008, with more than 1000 employees.

On February 2, 2010/day, PPF group formally approved the establishment of a consumer finance company in Tianjin. After obtaining the approval from the regulatory authorities, PPF Group will start to build the first wholly foreign-owned consumer finance company in China according to the Regulations on the Administration of Consumer Finance Companies promulgated by China in August 2009. The new Tianjin Consumer Finance Company will be named "Gitzo Consumer Finance (China) Co., Ltd.", which is funded by PPF Group with a registered capital of 300 million yuan.

Gitzo China Headquarters was established in Futian Central District in 2007. Since June 5438+February, 2007, the consumer credit business has been officially launched in Guangzhou/Foshan, China, with more than 9000 employees in more than 70 cities in Guangdong (including Shenzhen), Hubei, Hunan, Sichuan, Shandong, Chongqing and other provinces and municipalities directly under the central government.

Home Credit Group China Headquarters Address:

Floor 12, Hua Fu No.1 Road, Yitian Road, Futian Central District, Shenzhen City, China.