In real life, there are often a group of people who think that they can not repay the card after overdrafting it on their own. Little do they know that if they do not repay the card overdue, they will be charged by the bank. The bank's collection methods are endless, making it difficult for people to guard against, and ultimately seriously affecting the daily life and work of themselves and their families. Let me tell you how banks collect credit card debts.

What are the common collection methods? Banks will have different collection plans for different situations. Let’s take a look at them together. The first stage refers to the period from the last repayment date to the next billing date, that is, one month overdue. The bank will send you a text message reminder or phone reminder to ask you to repay quickly, and this period In addition to the principal amount owed, liquidated damages and interest will also accrue over time. The second stage refers to the second month after the overdue period. That is to say, if two installments of bills have been issued and still have not been repaid, the bank will officially start collection, and you will receive a call from the collection staff. The amount of debt to be repaid at this stage is the compound interest generated by the overdue penalty of principal. The third stage: this stage means that after three overdue bills have been issued and still have not been repaid, the bank will increase its collection efforts. Not only will it collect the money from you, but it may also call your emergency contact to ask them to remind you to pay. When making a loan, in addition to facing the pressure from the bank, you also have to face the colored eyes of your relatives and friends. The fourth stage means that you have been overdue for 3 months and the bank has made two effective collections on you, such as phone calls and text messages. If you have not repaid the loan, bank staff may come to your workplace or place of residence to collect the debt. If they cannot contact you after interviewing you, the bank will go to your place of residence and find relatives and friends to tell you, indirectly putting pressure on you. In the fifth stage, if the collection methods mentioned above are fruitless, the bank will go to the police station to report the case, or directly go to the court to prosecute the overdue cardholder. The public security agency will intervene in the investigation after filing the case. If evidence collection reveals that you made a malicious overdraft, which constitutes a crime of credit card fraud. Then you will be held criminally responsible, you may be arrested and punished, and you may even need to repay the money after the punishment.