First of all, there is a definition of staging.
In other words, installment payment is a kind of segmented consumer loan specifically for young people and other low-income groups. Because of the emergence of segmentation, there is a process for users to enjoy consumption better. In other words, the department was formally established on 20 14, and its headquarters is located in Shenzhen, China. In real life, that is, by stages, it is mainly targeted at loan personnel in need in Shenzhen, providing small loans for such personnel. At the same time, it provides consumers with online and offline consumption scenarios. By the end of 20021,there were more than120,000 cooperative stores with installment payment, and its rules were constantly expanding, making it a famous cash installment shopping APP in China.
Second, there is a phased strike-hard overdue behavior.
1, with high overdue cost.
First, debtors face high overdue costs. Installment payment requires the debtor to pay overdue liquidated damages, which shall be clearly recorded in the loan contract. If the debtor fails to repay the loan within the time limit, it will generate high overdue liquidated damages, and if there are too many overdue liquidated damages in the later repayment, it will bear higher costs.
2. When a place loses its credit, there are restrictions in many places.
In other words, the first stage has started to cooperate with local arbitration institutions to carry out online arbitration, and the arbitration letter can be issued as soon as half a month. Once the arbitration commission makes a judgment of default on repayment, even if the debtor does not participate in arbitration, it will be blacklisted by the court, and the debtor's flight, high-speed rail, exit and high consumption of patients will be affected.
3. Online shopping is also very difficult.
After 20 15, some credit reporting platforms signed a memorandum of cooperation with the Supreme People's Court on credit punishment for those who broke their promises, shared the information of those who broke their promises on the special line, punished them jointly, deducted points for those who broke their promises, and packaged them with the APP.
As of May 20 19, 260 cases were won, of which 25 defendants applied for enforcement and 7 defendants were listed in the "credit blacklist" for restricting consumption. It is one of the important methods for enterprises to sue overdue debtors and safeguard the legitimate rights and interests of enterprises with legal weapons. In other words, the overdue debts were prosecuted in batches and achieved remarkable results. Most debtors pay their debts according to the judgment of the court.