Lawyer's letter is also a means for banks to collect arrears. The Bank of Communications issued a lawyer's letter with a credit card, and it needs to pay off the arrears in time, otherwise the bank will pay back the arrears.
According to the loan contract and guarantee contract (mortgage or pledge contract), the lender will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and the loan guarantor and sealing up the pledged property. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, all litigation costs arising therefrom, and related expenses incurred when disposing of collateral.
What is the credit card letter of Bank of Communications?
It is the paper that the credit card is stuck in the envelope when it is delivered to your address.
To apply for a credit card online, you need to bring your ID card and card letter to the outlet for activation before you can use it.
Bank of Communications lost its credit card. Can it be activated?
Then bring the original card letter, credit card and second-generation ID card to the activation counter of any business outlet of Bank of Communications.
Withdrawal within the limit and overpayment of withdrawal fee:
(1) Cash withdrawal within the credit line means that the cardholder uses the credit line to overdraw cash withdrawal and needs to pay some fees.
(2) Overpayment cash withdrawal refers to the withdrawal of funds overpaid by credit card customers or deposited in credit card accounts in cash, and only part of the handling fee is paid without interest.
Extended data
Bank of Communications adopts the calculation method of revolving credit interest. Revolving credit: Revolving credit is a small unsecured loan with daily interest. According to your financial situation, you can decide the repayment amount by yourself every month before the current credit card bill expires.
When the repayment amount is equal to or higher than the minimum repayment amount of the current bill, but lower than the current repayment amount, the remaining deferred repayment amount is the circulating credit balance. Revolving credit is a very convenient loan tool, which not only allows you to enjoy the convenience of swiping your card, but also is a good choice for you to manage your finances easily. If you choose to use revolving credit, you cannot enjoy the interest-free repayment period in the current period.
Revolving credit interest rate:
The interest rate of revolving credit shall be uniformly stipulated by the People's Bank of China, and the daily interest rate shall be 0.5 ‰, with monthly compound interest.