Bank collection is divided into four steps, called M 1-M4, and each stage has different arrears period and different enforcement. It achieves the acquisition effect through the progressive way of acquisition intensity.
In the process of collection, you don't have to go to the credit bureau or the court of appeal at the beginning. If you want to go to the credit bureau and the court, you still need to submit information and pay the cost of time and money. Therefore, it is particularly important to distinguish whether the statement of the collector is true, in order to make you pay more money.