Legal analysis: Credit card collection is divided into internal collection and outsourcing collection. Internal collection usually refers to customers who are overdue for more than three months. Generally, they are reminded by bank customer service or called by ITU or offices of various business outlets to urge them to pay overdue funds. Entrusted collection mainly means that after the internal collection fails, the credit card center entrusts a company (some of which are law firms) specializing in the collection industry to collect some customers who are difficult to handle, have problems, lose contact or have a small amount.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 676 If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.

Article 677 Where the borrower repays the loan in advance, unless otherwise agreed by the parties, the interest shall be calculated according to the actual loan period.

Article 678 The borrower may apply to the lender for extension before the repayment period expires. If the lender agrees, it can be extended.