After receiving credit cards, all owners have formed a contractual relationship with financial institutions to apply for bank credit cards, and they are equal administrative subjects. The cardholder's credit card is overdue, which is a debt that violates the provisions of the contract between the two people and constitutes a breach of contract.
In this case, the financial institution has the right to require the cardholder to repay immediately. Therefore, after the credit card is overdue, the first thing they face is the dunning from the bank account manager, which may be SMS notification or mobile phone collection. If the repayment is not made after normal communication, the financial institution will ask the dunning unit to make a dunning, which may be a dunning letter or a lawsuit to the court for a ruling.
Either way, the solution to the problem at this age is to use the form of civil litigation assistance for dunning. Of course, it is not excluded that some banks will outsource their debt business, and outside debt collection companies may adopt the form of dunning. At this time, it is enough to use the cardholder to call the police immediately, not the financial institution to call the police.
In the process of dunning, whether sending information or mailing a dunning letter, banks generally require cardholders to repay immediately. If the cardholder still fails to repay the loan, what kind of responsibilities will the cardholder face, and many of them will continue to be accompanied by the content that may be sentenced to several years in prison.
This is actually an early warning and urging, and what they wrote may not be accurate. Many are also suggestive, and some are vague warnings. The purpose is to urge cardholders to repay as soon as possible, but cardholders should never take what financial institutions say to heart.