Let’s find out why Qudian sent text messages when the installment was overdue.

This is their method of collection.

If a loan is overdue for more than 90 days, you may be sued. For bank loans, the bank can sue if it is overdue for 90 days. Loans owed to the bank are disputes over the loan contract. Regardless of the amount, the bank can go to court to sue for collection. If the bank still refuses to perform after the court's judgment, the bank can apply to the court for compulsory execution. For small loans, if the loan is overdue for more than six months, you may face litigation, and small loan institutions prefer to collect the arrears, so the collection methods are even more terrifying.