False.

Once a credit card is overdue, the bank will usually notify the cardholder via text message or phone call; if the payment is still in arrears, the bank will outsource it to a third-party company for collection.

If you find that your credit card is overdue and you cannot deal with the debt in a short period of time, the most effective way is to keep your phone open, do not lose contact, and express your willingness to repay to the bank. It is best to negotiate for repayment in installments. plan. This avoids the risk of collection and prosecution. And the policy stipulates that arrears can be divided into up to 60 installments without interest.