When a credit card is overdue, collections will follow.

Sometimes the bank does the urging itself, and sometimes the bank entrusts a third-party agency to do the urging. This is also the most painful and devastating period for the debtor, and it is also accompanied by the possibility of being sued at any time.

I will write about how to correctly respond to collections and prosecutions later. Now let’s talk about the collection intensity and prosecution intensity of different banks.

Once we know the collection efforts and prosecution efforts of different banks, we will have a good idea and can predict what we will face next, so we can take good preventive measures.

Otherwise, you will be blind, do not understand the bank, do not understand what they will do, do not understand their procedures, and will be in constant panic.

Not all banks have the same intensity in collecting debts. Some banks are very Buddhist, and some are just a series of deadly debt collections, one after another.

Number one in collection intensity: Communications, Industrial Bank, Shanghai Pudong Development Bank, CITIC, Guangfa, Ping An

Except for Bank of Communications, the others are all private banks.

Under normal circumstances, these 6 banks will entrust the collection task to a third-party agency for collection one to three months after your credit card is overdue.

The collection methods are those The usual methods include bombarding you with text messages and phone calls. The probability of contacting your relatives and friends is much higher than that of other banks. The intensity of door-to-door collection is also relatively strong, and the attitude towards collection is very tough.

Generally, prosecution will not be carried out, but if the amount is relatively large and the time is overdue for a long time, prosecution may be carried out.

Among them, the biggest feature of Shanghai Pudong Development Bank's debt collection compared with other banks' debt collection is that it is very easy to cause trouble, and it has also received many complaints from debtors.

In 2020 alone, the number of complaints reached 900, and the number of complaints resolved was 600. The complaint resolution rate of nearly 70 shows that Shanghai Pudong Development Bank is prone to troubles and is by no means a fiction.

At the same time, the debtor is also unique in negotiating personalized installments with the debtor. Usually, after the debtor negotiates personalized installments with the debtor, the debtor will stop the increase in interest and reduce or reduce part of the penalty interest, and then repay the debt. The amount can be used as a repayment plan for up to 60 periods. Other fees are rarely charged for this process, but Pudong Development Bank does charge fees.

Second in collection intensity: China Merchants, Minsheng, China Everbright, and other private banks

The collection frequency of these banks is also very high, usually within 1-3 months of two effective collections Your information will then be entrusted to a third-party agency for collection. Collections are mainly done over the phone, but there will also be some door-to-door collections.

Unless it is a last resort, they generally will not sue, but will mainly focus on collecting the money. The entrusted collection agency is also relatively formal, and complaints are rare.

Among them, China Merchants Bank has the most complete collection system. The third-party collection agency it entrusts rarely violates regulations, but the collection intensity is relatively high and it is easy to come to your door.

Third in terms of collection intensity: Bank of China, China Construction Bank, Agricultural Bank of China, ICBC, and Postal Service

The five major state-owned banks are the most Buddhist in terms of collection. It may be because the family is big and the business is big, and others are too lazy to pay attention to you.

They generally will not frequently collect debt from you, and they will not even entrust a third-party debt collection agency. They will only rely on the bank's internal legal department personnel to collect debt. And their attitudes are quite mild, but a mild attitude does not mean there is no intensity.

However, the prosecution rate of state-owned banks is particularly high, and the speed of prosecution is very fast. You may be a month overdue and receive a court summons without receiving a collection call.

A friend of mine, the Agricultural Bank of China, was sued for overdue payment of RMB 10,000. If this were a private bank, they would not sue you.

Among them, the one with the most harmonious negotiation attitude is China Construction Bank. The difficulty of negotiation is low, the installment plan is relatively ideal, the number of installments is long, and the reduction and exemption is relatively high.

The most Buddhist company is said to be the Industrial and Commercial Bank of China. They really don’t even bother to urge you.

Each bank has a corresponding proportion of non-performing assets. Once the proportion is too high, the review at the end of the year will be difficult. The non-performing asset situation of state-owned banks is usually relatively healthy, so it is more Buddhist-like, while the non-performing asset rate of private banks is high. In order to control the proportion of non-performing assets, banks press hard.

Which bank have you ever experienced debt collection? How do you feel? Welcome to leave a message and communicate.