After the credit card online loan is overdue, banks and platforms will entrust the debt to a third-party collection company for collection. Of course, if the collection is recovered, the collection personnel will receive commissions. However, commission must be paid only after repayment. If the customer negotiates installments, it will not be counted as performance. This is why many friends always fail to negotiate installments with debt collection. Because collectors do not have the right to negotiate installments, once the installment negotiation is successful, the debt has nothing to do with the collection company, and the collection will naturally be in vain. So let me share with you what are the collection methods? Text message and phone call collection! This is the most common method of collection. At the beginning, the other party will only call you and send text messages to urge you to repay as soon as possible. The contents of the text messages and phone calls were basically about what would happen if the loan was not repaid. Explode the address book! Generally, the address book will be exploded only after the online loan is overdue. This will not happen after the credit card is overdue. Because the third-party collection companies entrusted by credit cards are basically regular collection companies and will not do anything that violates laws and regulations. In 2021, the Civil Code incorporated soft violence collection into the criminal law. Therefore, many veterans find that when their credit cards are overdue, collection agents usually only call the person themselves. In addition, they will also contact the two emergency contacts filled in when applying for the card. But online loan collection is different. He will call all the friends in your address book, even those with no notes and only one call. It might be a call from a takeaway courier, which shows how brutal online loan collections are. Door-to-door collection! After a credit card is overdue, it will usually take 3 months to receive a notification letter and a demand letter from the bank before they come to collect the credit card. This kind of door-to-door collection is relatively formal. The number of people on the other side will not exceed 2 people, usually 1-2 people, because more than 2 people is a violent collection. The other party will videotape you and ask you why you are overdue and your current financial situation. If you don't want the other person to come to your door, you can make an appointment with the other person outside. After the online loan is overdue, there will be no door-to-door collection. Because the risk of door-to-door collection is very high, and the psychological pressure is also great for the collection staff! Afraid of what to do if you get beaten? What if the debtor calls the police? Once things get too big, they won't be able to get any benefits. Therefore, when online loans are overdue, collection agents will not come to your door. But the other party will keep emphasizing that if they don't repay the money, they will be kicked out immediately. This is used to urge you to repay, but in fact they will not come to your door. Threats, intimidation and abuse! This situation usually occurs after online loans are overdue. Online loan collectors are generally not regular collectors. Their personal qualities are not high and they have only one purpose of recovering the debt. Therefore, the platform does not restrict them very much. It is different from a credit card. If the debt collector acts aggressively, the bank will be jointly and severally liable after the debtor files a complaint. If your credit card collector has a bad attitude, you can directly call 400 to complain, or call the Banking Regulatory Bureau (12378) to complain. However, there are not many online loan collectors, if you also encounter this situation. You can go to the Internet Finance Association, gather complaints, or Black Cat Complaint to complain about online lending platforms. Although it is not very useful, the other party will be somewhat restrained! Pretending to be a public prosecutor! Collection agents will often call you and say that they are from a certain police station. Now that your case has been transferred to them, they ask you to go to a certain police station. There are also ways to pretend to be a court employee, saying that you will be sued soon, and if you don’t repay the money, you will be executed, and all your financial accounts will be frozen, and then you will become a deadbeat. In fact, you can think about it, why do the police station and the court call you because of this? The court will only serve you a court summons by mail. If you really break the law, the police will directly locate you and take you away. Will they also notify you in advance to escape? So this collection method is not trustworthy! Send a lawyer’s letter by mail! A lawyer's letter is not a court summons, and receiving a lawyer's letter does not mean you are being sued. This is a normal collection process. Although the other party says they will sue you, the final decision does not lie with the collector, but with the bank and the platform. So when you do not receive a court summons or a court hearing text message from 12368, all calls and text messages saying that you are being sued are fake and you can ignore them!

Finally, I would like to advise everyone, don’t be afraid of collection after the due date. The more afraid you are, the more pressure they will put on you. What you need to do is to calm down, live an active life, work hard to make money, and then pay off the debt. Having debt is not something you should avoid, but not being able to face your debt is the scariest thing!