It is just a mass promotional text message, and there is no specific company platform. It means that you need a loan.

If you receive a text message that begins with a credit card, it is recommended that you verify it carefully first, do not trust text messages from unknown sources, and call the police if necessary. In addition, I would like to remind you that if you fail to repay your credit card installments, the impact will be more serious. If you fail to repay in three installments, it is recommended that you repay the money on time in the future, otherwise you will be blacklisted by the bank, and if it is more serious, you will be sued by the bank.

1. Credit card loan

Credit card loan means that the bank will grant a certain amount based on the credit status of the credit card holder, and the card holder can use the credit card to make purchases. Within the available limit of the credit card, the user can apply to the card-issuing bank for a credit card cash withdrawal amount, and then pay in installments. After the system automatically approves the payment, the funds will be transferred to the bank's debit card in the customer's name, and the bank will charge the installment fee according to the agreed period and rate. Credit card loan repayment methods are divided into two methods: one-time principal repayment and installment repayment.

2. Loan overdue

Loan overdue usually means that after the loan expires, the borrower fails to comply with the loan contract without going through the relevant extension or re-loan procedures. The loan principal and interest are returned to the bank that issued the loan within the borrowing time limit, causing the loan to exceed the agreed period. The following situations are overdue behaviors and will be recorded in the personal credit report:

1. Repay one or two days later than the due date.

2. After the payment due date, the customer paid off the debt after the bank staff called to call.

3. The customer has repaid before the due date, but because he does not know the specific amount that should be repaid, he does not repay in full.

2. What are the consequences of defaulting on bank loans?

Penalty interest will be incurred and an additional 50% interest will be charged. Although the policies of each lending institution are different, in general, banks will be easier to talk to than small loan companies. If a credit loan is overdue, the lending institution will first call to collect the loan to remind the borrower to repay. At the same time, the interest rate will rise as a daily penalty interest.

Having a bad credit record will affect future loans and credit card applications. Once left, the record may be retained for 3 to 7 years. If you want to borrow money from other banks in the future, you may not be able to apply easily due to bad credit. If the overdue circumstances are serious, future mortgage loans and car loans will be affected. Penalty interest is only a monetary loss, but a bad credit record is a loss of intangible assets, causing an impact that money cannot make up for.