China Merchants Bank's credit card is overdue for more than three months. Send a text message saying that China Merchants Bank called back for on-site investigation. Is this an outsourcing set?

No, when a customer is found to be dishonest, the bank will control his account in time; For customers who fail to keep their promises and are overdue, we will adopt a variety of compliance collection methods to recover overdue funds within a controllable period. Specifically, in the early stage of collection, customers are mainly reminded to repay on time by SMS, telephone and email. If they default, they will face the risk of dishonesty.

China Merchants Bank's credit card bears full interest of five ten thousandths. Interest calculation method: If repayment is not made in full and on time, interest will be generated: interest will be calculated one by one according to each consumption in the bill. Generally, it will be calculated at 0.05% every day from the second day of credit card consumption until the consumer repays. Liquidated damages: 5% of the minimum repayment amount, minimum 10 yuan. Tolerance: 10 yuan or 1 USD.

Extended data

In view of the "full penalty interest", China Banking Association issued the "China Bank Card Industry Self-discipline Convention", in which Article 14 pointed out that member units provide "tolerance service" for cardholders. If the cardholder fails to repay in full in the current period, and the unpaid part in the account after the due repayment date is less than or equal to a certain amount (at least equivalent to RMB 10 yuan), it is deemed that the cardholder has repaid in full.

Sun Shuang, a financial analyst at Zero One, pointed out that in the financial field, there is no special law on the protection of financial consumers' rights and interests in China, but there is the Guiding Opinions of the General Office of the State Council on Strengthening the Protection of Financial Consumers' Rights and Interests to regulate it. The legal effect is still insufficient, and the protection of consumers' right to know needs to be further improved.

China News Network-Many banks impose penalty interest on overdue credit cards in full.

China News Network-How much impact will credit card overdue refusal to repay?