Is texting useful in consumer finance, Zhihu?

If you borrow it, it is true; If you don't borrow it, it's fake!

For some malicious overdue users, the relevant lending institutions/platforms will adopt certain dunning methods, such as sending text messages and making phone calls, but they will all receive dunning information, so they should learn to distinguish the authenticity of text messages by themselves. Under normal circumstances, if the lender is really sued, you can see the specific situation in the relevant lawyer network/firm, and you can distinguish the true from the false through inquiry.

When you receive this kind of short message about the trial, you need to know that if it is true, you will usually receive the relevant court summons or phone call, because the short message notification is easier to identify. You can go to the relevant lending institutions to consult the customer service center or call the official hotline to ask if it is true or false.

However, if the loan information received by users is not a loan, it is likely to be a fraudulent phone call, because personal information is unintentionally leaked, lending institutions/platforms have issued corresponding loan invitations for business development, or their personal information has been stolen and used to generate loans. Under normal circumstances, when receiving unfamiliar loan information, it is necessary to distinguish the true and false contents. For some reminders that need to link/play scheduled short messages, it is of course necessary to repay them in time, maintain good repayment habits, and reduce the possibility of receiving such information.

There are short-term overdue and long-term overdue in loans overdue, and the consequences are different according to the term of overdue loans. However, most people have many misunderstandings about overdue loans, and it is too late to find them, which has caused serious consequences! Short-term overdue loans and their consequences are different. Financial institutions have different definitions of short-term overdue time. In the case of short-term debt default, institutions generally do not take coercive measures. They will remind you to pay back and collect money.

The consequences are:

1. High fines and liquidated damages After loans overdue, in addition to repaying the interest and principal, it is also necessary to pay high fines and liquidated damages.

2. Leave a personal credit stain. There will be overdue records in the credit report, and even after repayment, the overdue records will remain for five years. Overdue records will affect the financial activities of almost all subsequent defaulters.

3. After receiving the text message, the lending institution will continue to send text messages and call to collect overdue funds, inform the borrower of the serious consequences of overdue, and order the borrower to repay overdue principal and interest within the prescribed time limit.