I don’t know if you have heard of “overdue m1, m2, m3”. Some people may have heard their friends mention it, but they don’t know what it means. Now I will briefly introduce it to you. one time.
The "m" here is actually the initial letter of "Months" in English, which is translated into Chinese as "month", so "m1, m2, m3" represents a time period.
The time period referred to by "m1" is "between the second unpaid bill date and the last repayment date of the second bill." During this period of time, the bank adopts a reminder collection method, and imposes penalty interest on unpaid amounts and charges late payment fees.
The time period referred to by "m2" is "between the third bill date of non-repayment and the last repayment date of the third bill." During this time, bank collectors will call to inform you of the consequences of non-payment. If necessary, we will contact the debtor's relatives and friends to assist the debtor in repaying the debt.
The time period referred to by "m3" is "between the fourth bill date of non-repayment and the final repayment date of the fourth bill." During this period of time, banks adopt a forced repayment approach, and collectors will require debtors to repay through phone calls, text messages, and letters from lawyers.