How long will the mortgage overdue explode the address book?

In the short term, if the mortgage is overdue, you won't call home, but you will call the borrower to remind him of the repayment. However, if it is overdue for a long time, you may call home to ask the specific reasons for not repaying, and then urge the repayment.

After credit card or loans overdue, the bank may not make a collection call in the early stage, but within 7- 15 days of overdue, it will generally send a text message to remind you. Even if it is a telephone collection, you should contact the cardholder first, instead of calling the cardholder's family directly.

If the overdue time reaches 30 days or more than one billing cycle, and the previous collection is fruitless, and the cardholder cannot be contacted due to refusal to pay, the bank will generally arrange to contact the cardholder's family by phone, ask the family for the cardholder's new contact information, or ask the family to inform him of repayment.

Repayment method

1. If the mortgage cannot be repaid on schedule according to the original repayment plan, you can apply to the bank for extending the loan term. As for the extension time, the bank also stipulates that the extension period of short-term loans shall not exceed the original loan term, the extension period of medium-term loans shall not exceed half of the original loan term, and the extension period of long-term loans shall not exceed three years.

2. If the buyer can't repay the mortgage on time due to unexpected events, he can apply to the loan bank for loan extension 30 days in advance. After the bank verifies that it is correct, it will appropriately extend the mortgage term and reduce the monthly payment. At present, you can apply for many bank loans. When the borrower cannot repay the loan, he can temporarily explain the situation to the bank and apply for deferred repayment. The extension period can be decided by the borrower, but there is a maximum period limit, and the extension can usually only be applied once or twice.

3. If you really can't repay the mortgage, you can ask your relatives and friends for help, temporarily solve the dilemma, and try not to default on the mortgage. If you default for a long time, the house is likely to be auctioned.