After the due date, can I refuse the bank’s third-party collection?

As long as the collection personnel do not violate the regulations, they cannot refuse the bank's third-party collection when the payment is overdue.

Whether it is a credit card or a bank loan, as long as you are overdue, you will be collected by a third-party collection company entrusted by the bank. Since each bank does not have a collection department, the bank can only entrust the debt to a third-party collection company for collection. And this is in line with the requirements of the regulatory authorities. The third-party collection companies entrusted by the bank are all compliant and legal. Therefore, when you are overdue, collecting money from you is a necessary process and you cannot refuse.

Since the third-party collection company is entrusted by the bank, it means that they collect money from you on behalf of the bank. After all, banks do not have that many employees engaged in collection work, and regulatory authorities do not allow it. Banks have their own collection departments. After all, when a credit card is overdue, if the collection staff makes any problems during the collection process, it is also the responsibility of the collection company, and the bank will not be held responsible. Of course, this is mutually beneficial. The bank wants to collect the arrears, and the collection company also wants to collect the arrears, and then commission proportionally. However, if a collection officer commits any illegal collection behavior during the collection process, he or she can collect evidence and file a complaint with the bank. As long as the regulatory authorities verify that there are no mistakes, the bank will be strictly ordered to make corrections. Of course, the bank will also apologize to you and promise that this will never happen again. But if your debt has not been paid off, then collections will always be there, which you cannot refuse.

When debt collectors violate debt collection rules, such as blowing up your address book, harassing your relatives and friends, sending random text messages, leaking your debt information to other third parties, or threatening and intimidating you, etc. , you can screenshot text messages, record phone calls, and then file a complaint with the China Banking Regulatory Commission. This can make the other party restrain themselves, but it is impossible for the debt collector to stop collecting money from you forever. Unless you can pay off your debt.

To summarize: it is impossible to refuse the bank’s third-party collection after it is overdue. Unless the debt collector violates the debt collection rules, you can collect evidence and file a complaint with the China Banking Regulatory Commission. In this way, debt collection will not collect money from you for the time being. However, as long as your debt is not paid off in full, third-party debt collection will always exist and you cannot refuse. Can I refuse the bank's third-party collection?

1. This is a normal process.

2. If the amount is larger, the profit of a successful third-party collection will be higher, and they will do their best to collect the money.

3. If you can withstand collection and multiple collections are ineffective, the third party will return your debt and the bank will issue a bad debt.

4. Credit card malicious overdraft refers to the cardholder’s behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and still refuses to return the money after being called by the card-issuing bank. Under normal circumstances, malicious overdraft is a breach of contract and you must bear the liability for breach of contract in accordance with the credit card application contract.

5. Malicious overdraft behavior includes two basic behaviors: First, overdraft exceeding the prescribed limit, that is, exceeding the provisions of the credit card regulations or the overdraft allowed by the issuing bank. The second is overdraft beyond the prescribed period, that is, the principal and interest are not repaid within the prescribed time. Generally speaking, malicious credit card overdraft behavior will leave a bad credit record in the card-issuing bank and affect the cardholder's personal credit.

Extended information:

The maximum overdraft period of a credit card is 60 days.

1. Credit card overdraft interest is calculated as a daily interest of 0.005% within fifteen days from the date of signing or the date of the bank account (including that day), and the calculated daily interest for more than 15 days is 0.0010% %, more than 30 days or the overdraft amount exceeds the specified limit, the daily interest is calculated as 0.0015%. Overdraft interest is not graded by maximum overdraft period or maximum interest rate.

2. Take a credit card consumption of 50,000 yuan as an example. Within 45 days from the accounting date to the repayment date, if the cardholder paid 40,000 yuan on the repayment date, the remaining 10,000 yuan was not returned in time. If you hold a China Construction Bank card or China Merchants Bank card, you need to pay overdraft interest of RMB 1,125 within 45 days based on RMB 50,000 with a daily interest rate of 0.005.

3. If you hold an ICBC credit card, you only need to pay overdraft interest on the balance of 10,000 yuan. The overdraft interest within 45 days is 225 yuan, which is five times the two. This difference is even greater if the default is due not to a lack of ability to repay but to a small error caused by a memory error.

4. If the consumer completes the overdraft and repays it on time, overdraft and other fees will be incurred, causing the debt to exceed the limit. Since the overdraft is due to the cost of the credit card itself, in this case, some banks There are no additional fees, such as China Construction Bank and bank credit card centers, which say there are no rampant prescribed fees now.

5. However, ICBC and China CITIC Bank Credit Card Center stated that they will charge a 5% surcharge if the amount of debt exceeds the limit. Although ICBC surcharge will only apply to one cycle, China CITIC Bank said, The surcharge will be subject to interest compounded monthly.

6. If the cardholder uses the company's card to overdraft, the company is responsible for repaying the overdraft amount and paying the overdraft interest. If a cardholder has an overdraft using a personal supplementary card, the principal cardholder shall be responsible for repaying the overdraft amount and paying overdraft interest; if the principal card loses the ability to repay the overdraft, the supplementary card shall be responsible for repaying the overdraft amount and paying overdraft interest. I would like to ask if I can ignore the third-party collection agency?

If you have negotiated with the lending institution on how to repay the loan, you can ignore the third-party collection agency. Without negotiating with the lending institution, it is better to answer the third-party collection call, express your intention to repay, and ask them not to call and affect your life and the lives of your relatives and friends. If the lender himself does not answer the call, the third-party collection agency will call the contact person, which will have a worse impact on the lender.

As long as you negotiate the repayment amount and repayment time with the lending institution, the lending institution will pass the information to the third party for collection, so that the third party collection will stop.

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