I owe $800 in mortgage. Mine is an installment plan. One of them is 40 days overdue. He said to collect it at home today.

Yes, if the total installment of your loan arrears is ***800 yuan, and one installment is 40 days overdue, the other party will inform you to collect the arrears at home today. According to the analysis of the situation, they probably really collected it at home.

First of all, according to the information you provided, you have informed Paipai to come to the door to collect the arrears. This shows that they attach great importance to your arrears and are willing to take concrete actions to solve this problem.

Secondly, 40 days overdue may have seriously affected the credit relationship between you and the auction loan. Clapping for the loan may be considered as a powerful measure to find out the situation and strive for collection, so as to ensure the borrower to fulfill its repayment obligations.

In addition, as a professional loan company, Paipai Loan usually has a related collection team or partner responsible for the collection of overdue debts. They may send someone to collect the arrears, or negotiate with you to make a repayment plan to solve the arrears problem.

To sum up, according to the Notice of Arrears Collection of Auction Loans and overdue conditions, they may actually collect arrears at home. I suggest you contact Paipai Loan as soon as possible, actively communicate and seek solutions to avoid further expansion of the debt problem.

Extended data:

Paipai Loan is one of the leading Internet financial platforms in China, providing small consumer loan services for individuals. The core business of auction loan is to provide personal consumption loans by stages through online channels, which is convenient for users to solve urgent or important consumer needs. In case of repayment problems, the loan will usually take collection measures to ensure the borrower's repayment.