What is the number 10693354?

10693354 is the collection number.

When a loan becomes overdue, the borrower will inevitably receive a reminder text message from the lending institution. But in the era of big data, people's privacy has become less "private", and many borrowers will receive some false reminder text messages.

Numbers starting with 106X are basically applied for and issued by the Ministry of Industry and Information Technology, and are managed in a unified manner, working directly with the three major operators. Many lending institutions like to purchase in bulk on commercial platforms and then send reminder text messages in batches. Numbers starting with 1069 are mainly used for cooperation with mobile operators, whether they are private small lending institutions or banks.

To save trouble, this type of number will be used for mass reminders. However, there are also many criminals who will take advantage of this and send false reminder text messages. SMS messages starting with 1069 code are third-party platforms for inter-provincial or nationwide non-commercial SMS services, providing SMS platform services to other enterprises without charging end users.

This is a more official statement. The numbers displayed on mobile phones of China Mobile, China Unicom, and China Telecom are the same when such text messages are sent. Formal text messages starting with 1069 are also widely used, such as internal corporate office notifications, industry association club messages, bank card fund change information, property notifications, education information, government agency messages, etc.

Expense

Expense in a broad sense means: to speed up the completion time of something.