What will happen if Bank of Communications doesn't answer the dunning call?

If Bank of Communications does not answer the dunning call, the following consequences may occur:

1. Dunning progress is blocked: the bank contacted the customer for dunning by phone, but no one answered the phone, so the bank could not communicate with the customer, which caused the dunning progress to be blocked. Banks usually discuss repayment matters with customers by telephone, understand their willingness and ability to repay, and provide repayment plans for customers. Failure to answer the phone will cause the bank to know the customer's situation in time and negotiate the collection measures effectively.

2. Strengthen collection means: Bank of Communications may take more severe collection means to recover the arrears. If the customer can't solve the repayment problem by phone, the bank may take other collection methods, such as sending a collection letter, on-site collection, and entrusting a third party to collect. These collection methods may increase the repayment pressure of customers, have a negative impact on credit records, and may increase overdue penalty interest, legal fees and other expenses.

3. Increased risk of legal proceedings: If the customer fails to answer the dunning call of Bank of Communications for a long time, he may face the risk of legal proceedings. According to the Contract Law and relevant laws, the borrower is obliged to repay the loan on time. If he refuses to repay, the bank has the right to take it back through legal channels. After the dunning fails, the bank can choose to bring a lawsuit to the court to solve the debt dispute. In the process of legal proceedings, the customer may have to bear additional litigation costs, and the result of the court decision may have a long-term impact on the customer's credit record.

To sum up, if Bank of Communications does not answer the dunning call, customers may face the consequences of blocked dunning progress, strengthened dunning means and increased legal litigation risk. In order to avoid these adverse effects, customers should actively communicate with banks, seek reasonable repayment solutions, avoid overdue repayment, properly handle repayment matters with banks, and maintain a good credit record.

Extended data:

According to the contract law of our country, the borrower has the obligation to fulfill the repayment obligation according to the contract. After the bank reaches a loan agreement with the customer, the borrower needs to repay the loan on time, otherwise the bank has the right to take collection measures. According to China's Basic Law on Credit Information, banks and other financial institutions can submit loan default information to credit information agencies, which will be included in personal credit reports and affect personal credit records. In addition, China's collection behavior is regulated by the Civil Procedure Law of People's Republic of China (PRC) and other relevant laws and regulations, and banks must act in accordance with the law in the process of collection. If the final repayment dispute cannot be resolved through consultation, it can enter legal procedures and be submitted to the court for judgment. Therefore, customers should take repayment obligations seriously and communicate effectively with banks according to the actual situation to avoid unnecessary legal risks and credit losses.