2. If the cardholder is overdue for less than one month, the bank will call or send a short message to inform the borrower to repay the loan in time, otherwise it will be notified of the credit and the user will face a high penalty interest. During this period, the bank will not take other measures to require users to repay.
3. If the cardholder is overdue for more than one month or even longer, the bank will outsource the dunning task to a third-party dunning company. Third-party collection companies are not limited to telephone calls and text messages. The third party collection company will contact the borrower's family or friends, which will have an impact on the borrower's life.
If the cardholder is overdue for more than three months, the bank will use legal weapons, the bank will take the cardholder to court for credit card fraud, and the cardholder will face prosecution from the bank.
Legal basis: Article 12 1 of the Civil Procedure Law of People's Republic of China (PRC) stipulates that the complaint shall include the following contents:
(1) The name, sex, age, nationality, occupation, work unit, domicile and contact information of the plaintiff, the name and domicile of the legal person or other organization, and the name, position and contact information of the legal representative or principal responsible person;
(2) Information such as the name, gender, work unit and domicile of the defendant, and information such as the name and domicile of the legal person or other organization;
(3) the request and the facts and reasons on which it is based;
(4) Evidence and its sources, names and residences of witnesses.
People's Republic of China (PRC) Civil Code
Article 634 Where the buyer of the installment payment fails to pay one fifth of the price and fails to pay the price after being urged, the seller may require the buyer to pay the full price or terminate the contract.
If the seller terminates the contract, it may require the buyer to pay the fee for the use of the subject matter.
Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.
Article 673 Where the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.
Article 674 The borrower shall pay interest at the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, and cannot be determined according to the provisions of Article 510 of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it shall be paid at the end of each year; if the remaining term is less than one year, it shall be paid together with the loan.
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.