1. If you owe more, the company will sue you to repay the principal and interest, but if the interest is higher than 4 times the bank's loan interest rate for the same period, the court will not support it;

2. Gitzo's business includes:

① Payment business

In-store installment payment is the main business of Gitzo's cooperation with relevant domestic financial institutions. Unlike ordinary bank loans, this kind of loan does not require the applicant to provide guarantee or collateral. When purchasing durable consumer goods, such as refrigerators, televisions, computers and mobile phones, customers can apply for this service directly in the store that cooperates with Gitzo.

The main advantages of Gitzo's installment payment are speed and simplicity:

Customers can submit applications directly in the store; And get a reply within 60 minutes. If approved, customers can take their favorite products home immediately. There is no need to go through the long wait for ordinary loans, multiple trips to the bank and complicated application documents. In addition, customers need to choose the repayment channel that suits them and exchange money on time every month.

Unlike most banks, Gitzo will not only target high-income people as its main target customers. Gitzo's goal is to provide convenient and practical loan services for low-and middle-income consumers in China. Compared with other financial institutions, the loan amount of Gitzo installment service is small, but it is very simple and convenient.

The applicant requires:

1. People holding Chinese mainland identity cards (excluding China people holding foreign passports; Excluding Hong Kong, Macao and Taiwan and military personnel);

2. Age18–55 years old;

Application materials:

1. ID card;

2. Other documents (any of the following documents: social security card/medical insurance card; Bank card; Household registration book; Driving license; Bank statement; Passbook; Work card);

Application process:

1. After customers choose their favorite products, they can directly handle Gitzo installment payment in the store.

2. The Gitzo sales representative checks the application materials provided by the customer and submits the application.

3. After approval, the customer signs a loan contract and picks up the goods from the merchant.

4. The customer repays regularly according to the repayment instruction card every month.

Gitzo's main customers are young people who have fashion consumption concepts and want to improve their quality of life. In order to reduce the cash pressure of customers as much as possible, Gitzo not only provides a relatively low monthly payment; But also cover as many commodities as possible. Even those who have enough cash on hand are willing to choose Gitzo's installment service, because they can use their cash for other purposes or deal with emergencies.

② Cash loan

As a higher-level loan, Gitzo will not recommend this kind of loan to new customers. Only a high-quality customer who has been a Gitzo customer for a period of time will have the opportunity to receive a cash loan recommendation letter issued by Gitzo. For these customers, Gitzo will take the initiative to inform them of the offer details and more application details.

③ Insurance service

As a supporting service for installment payment, Gitzo also provides related insurance services for customers. If a customer encounters an accident, insurance can protect the customer and his family and solve the repayment problem. Sino-Italian Life Insurance is a partner of Gitzo Insurance Services. So far, this service is only available in some stores.