first of all, not answering the collection call may make the debt problem unable to be solved in time. Call collection is an important way for banks or third-party collection agencies to contact overdue users. By answering the phone, you can know the information conveyed by the collection staff, including repayment reminder, interest calculation and repayment method. By answering the phone and actively communicating with the collection personnel, we can negotiate the repayment plan or postpone the repayment, so as to reduce the economic burden caused by overdue.
Secondly, not answering the call may aggravate the accumulation of interest and liquidated damages. Some credit card contracts stipulate the calculation method of overdue interest and liquidated damages. If communication is refused, the bank may accumulate in the way stipulated in the contract and add it to the overdue amount. This will lead to a gradual increase in debt, leading to greater repayment pressure.
in addition, not answering the reminder call may affect an individual's credit history and credit score. Banks or collection agencies may report overdue records to credit reporting agencies, resulting in a decline in personal credit scores. The reduction of credit score will affect the individual's future borrowing ability and interest rate, and may affect the capital demand for buying a house, buying a car and applying for a loan.
in a word, the call should be answered after the credit card is overdue. By answering the phone and actively communicating with the collection staff, we can find a solution and reduce the economic burden caused by overdue. At the same time, responding to the reminder of telephone repayment in time can avoid the increase of overdue amount and protect personal credit record and credit score.
Extended information: According to the Contract Law of the People's Republic of China, after the credit card is overdue, the bank has the right to take various legal ways to recover the arrears from the borrower, including telephone collection, letter collection and door-to-door collection. At the same time, according to the Regulations on the Administration of Credit Information Industry, credit information agencies should abide by the principles of legality, justness and necessity when collecting and using personal credit information. The recording and use of personal overdue information shall comply with the provisions of laws and regulations. Therefore, it is the legitimate rights and interests of the borrower to actively respond to the collection call after the deadline and actively communicate with the bank or collection agency.