If the credit card of Guangfa Bank is in arrears of 5W, the bank will return it within 2 days after SMS notification, otherwise the judicial procedure will be officially started. Will you arrest me?

There are five main ways for banks to accept credit cards:

1, SMS collection. Mainly for the cardholder's early and overdue repayment behavior, usually 7 to 15 days overdue. SMS mainly plays the role of reminder.

2. Telephone collection. Call to remind repayment mainly for overdue behaviors that are more than 30 days and more than one billing cycle.

3, door-to-door collection. Mainly overdue for more than 90 days, the bank will arrange the collection staff to collect the repayment at the cardholder's residence or work address. ?

4. Court prosecution. Mainly more than half a year overdue, the bank will apply to the court to sue the cardholder for repayment.

5. Outsourcing collection. Mainly for overdue 1 year or more, the bank packages and discounts overdue funds to the outsourcing collection company, which is responsible for overdue debt collection.

Extended data:

Precautions:

Some credit cards have an annual fee, and many people think that the annual fee of credit cards is calculated according to the time of activation. Actually, it's not like this. Credit cards are effective when they are opened, so the annual fee is calculated according to the time when the cards are opened. If the cardholder does not use it for a long time, the annual fee will be deducted and a bill will be generated. If you can't pay in time, it will be overdue.

Credit card overdue problem. For most people, it is believed that a credit card will be credited if it is overdue for one day. Actually, it's not. Even if it is overdue, as long as it is repaid in time within three days and the corresponding bank is called to explain the situation, it will not be recorded in the credit report.

Baidu Encyclopedia-Guangfa Bank Credit Card

People's Daily Online-High-profile collection of overdue credit cards by banks