Is it true that the installment is tracing and is it legal

It's true

Installment music. It is true that you will be allowed to return to the place of residence to cooperate with the investigation, and you will also invite people from the court to be together, because the installment is a legal means to collect, and the important thing is that you and the installment are established a cooperative relationship and a contractual relationship with legal benefits. He can rely on the contract you have signed to make reasonable collections.

Extended information: 1. High fines and liquidated damages.

After the loan is overdue, in addition to the repayment of interest and principal, you also need to pay high penalty interest and liquidated damages. Leave a personal credit stain, and overdue records will be left on the credit report.

Above. Even after repayment, the overdue record will remain for 5 years. Overdue records affect almost all subsequent financial activities of an overdue person.

Receiving SMS and ** collection, the lending institution will continue to send SMS and ** to collect the overdue funds, inform the borrower of the serious consequences of overdue, and order the borrower to repay the overdue principal and interest within a time limit.

2. Generally speaking, overdue for more than 90 days will be regarded as malicious overdue by the lending institution. Banks can file lawsuits and recover damages for malicious overdue payments of more than 90 days, regardless of the amount. After the court makes a judgment, disclose to the public the information of the judgment defaulter (Lao Lai), and restrict his high consumption, airplanes, and high-speed rail.

As regulations become more and more stringent, online lending platforms.

It is also becoming more and more standardized and strict, and now many online loans are in the credit report. Compared with traditional banks, the degree of humanization of online loan credit is much higher, that is, a certain grace period is given to unintentional overdue due to temporary negligence.

3. However, if you are in arrears for a long time, it is easy to have a tainted record of the borrower, which is also a key reminder in the credit reporting system, and the impact on the individual is very serious! Bank loans.

The retention period for the investigation of bad credit for breach of contract is 5 years. According to the provisions on the management of the credit reporting industry, the retention period for credit reporting establishments of negative personal information is 5 years from the date on which the negative conduct or incident is terminated. After paying off the principal and interest and liquidated damages, other banks will not find bad records for more than 5 years.

4. It is worth noting that the current credit stain will continue until the loan is settled. So we must cherish our credit history. The retention period of credit card overdue bad credit record is 2 years. Credit card repayments.

The information will be used by the central bank's credit system.

Rolling records for 24 months. If the card is canceled, the records will be kept for a long time. Therefore, credit card users are advised to continue using the card for two years after paying off their arrears, maintaining good credit during this period and clearing bad records from the credit reporting system through rolling records.

Installment music is legitimate.

Installment is an installment loan platform founded in Shenzhen in 2013 and operated online after being tested by the China Banking Regulatory Commission and authorized by the National Credit Information Center, so it is absolutely legal.

Extended Materials

Founded in October 2013, Installment Le is the pioneer of China's installment shopping e-commerce model, and has always adhered to the brand concept of "happy to have a degree, happy to see better".

It has established cooperation with many well-known brands such as Apple, Huawei, OPPO, vivo, L'Oreal, Philips, etc., and has become the third largest Internet channel after JD.com and Tmall in terms of sales volume of many brands.

It has also introduced e-commerce platforms such as JD.com**, Xiaomi Youpin, and Koala Overseas Shopping to settle in, and exported its installment service capabilities to many high-quality external platforms such as Yang Wharf and Mafengwo. As of March 2020, the number of installment products has exceeded 2 million.

In October 2013, the installment music was officially put into operation.

In March 2014, Installment reached a strategic cooperation with JD.com, the largest company in China.

In March 2014, Installment Le received a $10 million investment led by Matrix Partners China to complete Series A VC financing.

In April 2014, the marketing centers of Beijing, Wuhan, Chongqing and Nanchang were established.

In May 2014, the company served more than 100,000 customers.

In June 2014, the marketing centers of Shanghai, Xi'an and Nanjing were established.

In September 2014, Installment supported many colleges and universities in nearly 100 cities across the country.

In December 2014, Installment Le received a $100 million Series B financing led by DST and followed by Bertelsmann, Jingwei China, Huaxing Capital and Xianfeng Huaxing.

In March 2015, the installment was awarded the strategic investment of JD.com.

In October 2015, the sales volume of the installment month exceeded 2 billion.

Mode of operation. Installment is the first to create an Internet small and micro consumer finance business model. At the front end of consumption, Installment has improved the user shopping experience through cooperation with JD.com; At the back-end of creditor's rights processing, Installment Le launched Orange Wealth Management in June 2014, and exclusively launched all creditor's rights in installment, forming a closed-loop ecology of "self-production and self-sale".

Installment music is regular.

1. It is a financial service platform specializing in providing installment consumption for young people, and it is the first standard ABS financial technology company issued by the Shanghai ** Stock Exchange, and it is also the first batch of council members of the Internet Finance Association of China, and it is also the first batch of 17 Internet financial credit information sharing units.

2. Founded in 2013, it is an installment loan platform that has been tested by the China Banking Regulatory Commission and authorized by the National Credit Information Center, so it is absolutely formal and legal. A number of network operators of Installment Le and JD.com have established long-term strategic partners to provide different consumer loan models, which have been favored by the masses. And have the basic rights and interests to defend the rights to the national law, it is precisely because of its legitimacy, for the overdue situation of installment, the national legal department has also issued a series of policies, for the non-return of installment loans, the first is to leave bad loan records on personal credit, and secondly, there are criminal penalties for malicious loan personnel.

Extended MaterialsIt is a subsidiary of Shenzhen Installment Network Technology Co., Ltd., which is a leading Internet consumer financial service company in China. It has established official cooperation with many well-known brands such as Apple, L'Oreal, and Philips, and has become the third largest Internet channel after JD.com and Tmall in terms of sales volume of many brands. With high-quality products and good installment experience, Installment Le ** provides users with a new e-commerce installment consumption experience.

Installment is a financial credit product, which is an installment shopping mall for college students, focusing on providing installment shopping and cash consumption services for college students. You can use it to make installment purchases and enjoy the experience of spending now and paying later, and since its main group is college students, it is not required to have a credit card, as long as you have a student ID card.

However, although the installment is regular, the cost of installment is not low, and it is best to consider your own repayment strength when borrowing money, and do not overdue after borrowing, which will affect your personal credit situation.

If it is legal, other businesses related to installment music will be restricted if they do not repay the money; There is your personal information on Installment Fun, which may be compromised; If you don't repay the money in time, the interest of the installment will be higher and higher, and the burden will be higher and higher, which may affect your personal reputation; After the loan is overdue for a long time or deliberately does not repay, and the amount exceeds 2,000, it can already constitute a crime of fraud, and there is a risk of being sued by the online loan platform in court.

Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases

Article 24 : Where the borrower and the borrower have not agreed on interest, and the lender claims to pay interest, the people's court will not support it.

Where the agreement on interest in loans between natural persons is unclear, and the lender claims to pay interest, the people's court will not support it. Except for loans between natural persons, where the agreement between the borrower and the lender on the loan interest is unclear, and the lender claims the interest, the people's court shall determine the interest based on the content of the private loan contract and on the basis of factors such as the local or the parties' transaction methods, trading habits, and market interest rates.

Article 25 Where the lender requests the borrower to pay interest in accordance with the interest rate agreed in the contract, the people's court shall support it, except where the interest rate agreed upon by both parties exceeds four times the interest rate of the one-year loan market at the time of the conclusion of the contract.

The "one-year loan market ** interest rate" mentioned in the preceding paragraph refers to the one-year loan market ** interest rate authorized by the People's Bank of China to be released monthly by the National Interbank Lending Center from August 20, 2019.

Summary. Hello, 1, installment music door-to-door collection, the user can negotiate with the collector on the spot, after the two sides reach a consensus, the user repays according to the negotiated agreement, and the collector will not come to collect again. 2. If the negotiation between the two parties fails, the user needs to pay off the overdue arrears as soon as possible, and if the repayment operation is not carried out as soon as possible, the collector may continue to come to the door.

As long as the user has repaid the debt, the collector will not come to the door again, regardless of whether the overdue arrears have been paid off.

Is it true that he was willing to return to his place of residence to cooperate with the investigation and invited people from the court to join him? The installment is overdue for more than 400 days, and today I will call my parents, give.

The staff said that they would go to the place of household registration and move my household registration to Shenzhen to fight a lawsuit.

Hello, the installment will let the person return to the place of household registration to cooperate with the investigation, and also invited the court to bring the leak together, which is true, because the installment is collected by legal means, and the important thing is that you and the installment will establish a cooperative relationship and a contractual relationship with legal benefits. He can rely on the contract you once signed quietly to collect the slag.

The staff said it had been signed and stamped.

Can they move my hukou without my consent?

Hello, this is the money you owe and will sue you.

Is this okay?

They can move my hukou directly.

And then sue me?

Hello, 1, installment music door-to-door collection, the user can negotiate with the collector on the spot, after the two sides reach a consensus, the user repays according to the negotiated agreement, and the collector will not come to collect again. 2. If the two parties fail to cooperate with Hongshang, the user needs to pay off the overdue arrears as soon as possible, and the repayment negotiation operation is not carried out as soon as possible, and the collector can continue to come to the door. As long as the user has repaid the debt, the collector will not come to the door again, regardless of whether the overdue arrears have been paid off.

Hello, if the negotiation is successful after the door, Fu Bofan will not sue you, if the negotiation is not successful, you need to repay, so that you will not sue the bank for your lack of hail.

Summary. Hello, glad to answer for you! <>

Installment music is formal and legal. The borrowing interest rate of Installment Le does not exceed 36%, and the institutions that lend to Installment are all licensed financial institutions, so Installment Le is a formal lending platform. There is no upfront cost for users to apply for a loan in installments, and the loan interest rate will be within the legal range after the loan application is successful.

The loan record of installment music will be credited, and informal loan platforms will not cooperate with the People's Bank of China for credit information, so the credit investigation can also prove that installment music is formal.

Is it legitimate?

Hello, glad to answer for you! <>

Installment music is formal and legal. The borrowing interest rate of Installment Le does not exceed 36%, and the institutions that lend to Installment are all licensed financial institutions, so Installment Le is a formal lending platform. There is no upfront cost for users to apply for a loan in installments, and the loan interest rate will be within the legal range after the loan application is successful.

The loan record of the installment will be credit, and the informal loan platform Yinnian will not cooperate with the People's Bank of China for credit information, so the credit investigation can also prove that the installment is regular.

Legal basis: Article 676 of the Civil Code provides that if the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or the relevant provisions of the state. Article 678 The borrower may apply to the lender for an extension of the loan period before the expiration of the repayment period; If the lender agrees, it can be extended.

Article 667:A loan contract is a contract in which the borrower borrows money from the lender and returns the loan at maturity and pays interest.

Summary. Hello, glad to answer for you! <>

The borrower should repay the loan on time according to the agreement, otherwise it needs to pay a certain amount of overdue interest according to the agreement or the relevant provisions of the state. Installment Loan is an installment loan platform established in Shenzhen in 2013, which is operated only after being tested by the China Banking Regulatory Commission and authorized by the National Credit Information Center. Therefore, installment music is formal and legal.

Is it legitimate?

Hello, glad to answer for you! <>

The borrower should repay the loan on time according to the agreement, otherwise it needs to pay a certain amount of overdue interest according to the agreement or the relevant provisions of the state. Installment Loan is an installment loan platform established in Shenzhen in 2013, which is operated only after being tested by the China Banking Regulatory Commission and authorized by the National Credit Information Center. Therefore, installment music is formal and legal.

Legal basis: According to Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases, if the interest rate agreed between the borrower and the borrower does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it. If the interest rate agreed between the borrower and the borrower exceeds 36% per annum, the interest agreement on the excess part shall be invalid.

Where the borrower requests the lender to return the interest paid in excess of 36% of the annual interest rate, the people's court shall support it.