How to urge banks to collect money

Collection method: Generally, customers who are overdue for less than three months will make overdue collection through bank customer service reminder (M0 period), electric reminder (M 1, 2 period) or visiting various business outlets (M3 period)!

The main credit card centers outsourcing collection entrust some customers who are difficult to handle, have problems, lose contact or have little funds to companies (some are law firms) specializing in collection industry for collection after internal collection fails. According to the amount owed (principal plus interest plus late fees plus other expenses), the daily interest rate is calculated at 0.5 ‰, and the compound interest is calculated monthly or daily!

Extended data

Between the fourth billing date and the last payment date of the fourth bill, the credit record has a great influence, and there will be a big stain on the bank's credit information system, which will directly affect all kinds of business of the bank and prevent it from entering enterprises that have strict requirements on credit information records, especially public servants. The late payment fee will be charged normally. If it is before the fourth payment date, it will be charged three times, otherwise it will be charged four times.

Interest is the amount currently owed, and compound interest is charged! During this period, banks generally use the method of compulsory repayment. Experienced collectors will ask debtors to repay by telephone, text message, lawyer's letter, etc. The lawyer's letter will be sent to the household registration book and the company address filled in when applying for a credit card! Some overdue businesses will entrust cooperative institutions to make dunning!

Baidu Encyclopedia-Credit Card Collection