after a credit card or a loans overdue, the bank may not call for a collection in the early stage, but will generally remind you of the overdue by SMS within 7-15 days. Even if the collection is made by telephone, the cardholder should be contacted first, instead of directly calling the cardholder's family
1. Handling methods
1. Active remedy within the "tolerance period". Most banks will have a "tolerance period" within a certain period of time after the repayment date. If the minimum repayment amount is paid back within this period, it will be regarded as "repayment according to the minimum repayment amount", and the bank will not record the overdue payment and will not generate late payment fees, but it will have interest. Different banks have different holding periods. For example, Bank of Communications has three days, but Agricultural Bank has only two days. Please consult the customer service of each bank for details.
2. If the repayment cannot be made under special circumstances, take the initiative to contact the bank to explain that the repayment cannot be made on time due to special circumstances, including going on holiday, celebrating the Chinese New Year, unemployment, illness or other accidents. If you take the initiative to contact the bank before the final repayment date, explain your situation, declare that you are not maliciously in arrears, and apply for delayed repayment and interest concessions, if you have a good credit record before, the bank will generally agree.
3. Keep a good credit record. The credit report is basically updated once a month. As mentioned earlier, it will take five years to automatically eliminate the bad records that are overdue. However, if you can continue to use this card and maintain a good credit record for more than 24 months, the original overdue record has been covered by the continuously updated follow-up card use record.
second, the credit card is overdue, so what will the bank do?
1. SMS collection: mainly aimed at users who owe money for a short time.
2. Telephone collection: mainly for users who have been in arrears for more than 3 days.
3. Door-to-door collection: mainly aimed at users who owe money for more than one quarter.
4. court prosecution: mainly aimed at users who owe money for more than one year and have a large amount.
5. outsourcing collection: generally, it will be handed over to a law firm in the form of risk agency or a collection company at a discount.