Will China Post's consumer finance be overdue for 4 months?

Will China Post's wallet be overdue by 20,000 yuan? I didn't expect this to be true!

As a loan platform for banks and well-known enterprises, China Post Wallet is still very good from the feedback. A user came to consult and said that his wallet in China Post was overdue. Do you want to know that the postal wallet in China is 20,000 yuan overdue? Let me briefly talk about the consequences of the overdue wallet of China Post.

1. Will China Post's wallet be collected at home if it is 20,000 yuan overdue?

Generally speaking, China Post Wallet will give users a grace period, during which there will be no adverse effects. If it is more than three days, I will call for a collection. The longer the arrears, the heavier the collection. Long-term non-payment of arrears is likely to come to the door, and it is recommended to pay back the money as soon as possible.

In case the turnover on hand is not enough, you should also explain the reasons to the platform and see if you can refund part of it first. In short, don't let the other party feel that you can't contact or communicate, otherwise they will have to come to you.

Two. Other consequences of overdue China postal wallet.

1. Credit investigation: In addition to door-to-door collection, China Post Wallet will also conduct credit investigation. It's still not cost-effective to put your reputation into it for such a small sum of money.

2. Being executed: If the debts of the family cannot be settled, China Post wallet is likely to go through legal procedures, and then it will become an "executed person", which will not only have no reputation, but also be restricted from traveling and staying in hotels.

The above is about "Will China Post's wallet be collected at home if it is overdue for 20 thousand yuan?" The answer, I hope to help everyone. Generally speaking, China Post Wallet is a formal loan platform, and there is nothing illegal. In this case, the overdue is the user's own fault.

Will consumer finance come to collect debts?

People who spend money in loans overdue will not collect money at home, because the cost is too high, and many financial loan companies will not take this approach.

With the development of finance, more and more loan forms have appeared, and consumer loans have been favored by consumers in advance. However, many people can't repay their loans in time, which leads to overdue. Although consumer finance is a personal consumption loan, it will also upload credit information to the central bank, so it will seriously affect personal credit after it is overdue and will also be collected by consumer finance companies.

First, after consumer finance loans overdue, it will not be collected by the above.

Consumer finance is a personal consumption loan. After the borrower fails to repay the loan within the time limit, it will have a bad influence on its credit investigation. As a consumer finance company, in order to recover the losses, it will let the collection personnel collect the money, but all of them are mainly collected by telephone, and the collection cost is too high, which is likely to be illegal. So few formal financial companies choose this way to collect money.

Second, after loans overdue, the probability of home collection is very low.

After loans overdue, the loan companies have different collection methods. Basically, they all send text messages first to let borrowers realize the seriousness of the problem. If the SMS reminder fails within a period of time, they will choose to call manually to collect money and put pressure on the borrower. If the borrower still chooses not to repay the loan, they will package the loan to a special collection company, and will basically take the form of prosecution and not choose the above collection.

Third, the loan should be repaid in time, otherwise it will affect the credit information and life.

Whether it is mortgage, car loan or consumer loan, as long as it is a loan issued by a formal financial institution, it will be connected to the central bank's credit information system. Once it is not returned, it will be reflected in the central bank's credit information system, which will have a great impact on personal credit and personal work and life will be affected. Therefore, after loans overdue, we must repay the loan in time to avoid adverse effects.

After consumer finance is overdue, you will not choose high-cost collection methods. If you have other views on this, please leave a message for discussion.

Is it legal for China Post's consumer finance to go home for overdue collection?

1. Generally speaking, it is legal to collect overdue credit cards. As long as the collector has no other violations. If the debtor refuses to perform due debts, the bank may apply for arbitration or bring a lawsuit.

2. Third-party collection refers to the bank outsourcing the collection work to a third party in order to save the prosecution cost, which is a legal authorized agency relationship. As long as the third party's door-to-door collection is within the scope permitted by law and there is no improper collection behavior such as violence, coercion, intimidation and abuse, it can also be regarded as legal collection.

Will China Post's postal loan come to collect debts?

China Post's consumer finance will not be maliciously collected, but it is recommended that you repay on schedule as soon as possible, otherwise your personal credit record will be affected.