Why is the credit card overdue and suddenly not urged? What happened to the sudden suspension of credit cards?

The bank will take back expired credit cards. Many people think that as long as they don't pay back the money, the bank will keep collecting it, but some people suddenly stop collecting their credit cards before they are paid off. It feels like the peace before the storm. So, why are overdue credit cards suddenly not urged? What's the matter with the sudden withdrawal of credit cards? Let's have a look.

Why is the credit card overdue and suddenly not urged?

The credit card suddenly stopped after it was overdue. In fact, I didn't really stop the collection, but I didn't send a text message or call to collect it, so I gave the debtor the illusion that I had never collected it. In fact, banks have to enlarge their recruitment, because SMS and telephone collection are not acceptable.

However, in some cases, the collection will not be really urged. For example, if the repayment is successful after negotiation with the bank, the bank will stop the collection, and then decide whether to collect it according to the repayment situation of the debtor. But in either case, as long as the credit card is not paid off, it will not really stop.

What's the matter with the sudden withdrawal of credit cards?

1. Bankruptcy: Although bankruptcy is rare, it still exists. Four domestic banks have declared bankruptcy, including Hebei Suning Surviving Rural Credit Cooperative, Hainan Development Bank, Shantou Commercial Bank and Baoshang Bank. Bank failure does not mean that the money owed is written off, and other banks take over and it is only temporary.

2. Prepare to sue: If the overdue amount of the credit card is too long, it will be invalid through SMS or telephone collection, and the bank will sue. After the bank wins the case, it will ask the court to enforce it. If the debtor does not want to be restricted from high consumption, he must repay the debt within the given performance period, otherwise he will be included in the list of untrustworthy people, become a deadbeat, and may even be punished.

3. Internal write-off: Some debtors' credit cards disappeared after being overdue, and many people were contacted by phone, but no one was at home. Some banks will write off debts that cannot be collected for a long time, and some banks will suspend collection. However, internal write-off is not equal to "write-off" or "transfer debt". Banks still have the right of recourse and can continue to collect debts from debtors at any time.

The above is the introduction of "Why the credit card is suddenly overdue", and I hope it will help everyone.