The dunning notice is usually issued when the telephone call is unsuccessful, which is intended to create a tense atmosphere and urge the borrower to repay the loan immediately. It is a means for banks to revitalize non-performing loans. Of course, it does not rule out that banks can be used as strong evidence when they bring a lawsuit to the court as a last resort.

However, if the borrower's breach of contract is not intentional, but is indeed caused by economic difficulties, the bank usually will not file a lawsuit. If repayment is really difficult, you can apply for deferred repayment or negotiate repayment. The so-called negotiated repayment means that only a part of the funds can be repaid.

Extended data:

Reply of the Supreme People's Court on the legal effect of the borrower's signature or seal on the dunning notice during the limitation period;

In actual trading activities, after the limitation period of the claim for creditor's rights has expired, the creditor sends a notice to the debtor to collect the loan due. If the debtor signs or seals the notice, it shall be deemed as a reaffirmation of the original debt, and the relationship between creditor's rights and debts shall be protected by law.

The collection notice is issued for overdue people, so when you receive this notice, it means that your personal credit has been damaged by overdue repayment. Short-term overdue repayment, few times, will not cause obstacles to apply for loans or credit cards in the future. Therefore, after receiving the reminder, immediate repayment is the top priority.