2. if the cardholder is overdue for one month, the bank will call or send a short message to inform the borrower to repay the loan in time, otherwise, the credit will be reported and the user will face a high penalty interest. During this month, the bank will not take other measures to ask users to repay.
3. If the cardholder is overdue for more than one month or even longer, the bank will outsource the dunning task to a third-party dunning company. Third-party collection companies are not limited to phone calls or text messages. Third-party collection companies will contact the borrower's family or friends, which will have an impact on the borrower's life.
4. If the cardholder is overdue for more than three months, the bank will use legal weapons, and the bank will take the cardholder to court for the crime of credit card fraud, and the cardholder will face prosecution from the bank.
Legal basis:
Civil Procedure Law of the People's Republic of China
Article 242 If the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to inquire about the deposit, bonds, stocks, fund shares and other property of the person subjected to execution from the relevant units. The people's court has the right to seize, freeze, transfer or change the price of the property of the person subjected to execution according to different circumstances. The property inquired, seized, frozen, transferred or changed in price by the people's court shall not exceed the scope of the obligations that the person subjected to execution shall perform. When the people's court decides to seize, freeze, transfer or change the price of property, it shall make a ruling and issue a notice of assistance in execution, and the relevant units must handle it.
Article 119 A lawsuit must meet the following conditions:
(1) The plaintiff is a citizen, legal person and other organization that has a direct interest in the case;
(2) There is a clear defendant;
(3) There are specific claims, facts and reasons;
(4) it is within the scope of civil litigation accepted by the people's court and under the jurisdiction of the people's court against which the lawsuit is filed.