What should I do if the text message starting with 1069 says that I am seriously overdue? Is it true that at the beginning of 1069, it is said that if the online loan is overdue, you will be sued?

Concerning the consumer finance loan reminder text message starting with 1069, what should I do if the text message starting with 1069 says that I am seriously overdue? Don’t panic: What should I do if the text message starting with 1069 says that I am seriously overdue? Don’t panic, there are ways to deal with it. Today I will share it with you. If it is helpful to you, don’t forget to follow this site. 1. What should I do if the text message starting with 1069 says that I am seriously overdue? Don't panic

After applying for a loan, if the borrower still fails to repay the loan by the loan repayment time stipulated in the contract, the lender's system will start collection. Collection methods are usually mass text messages or phone calls. What should I do if the text message starting with 1069 says that I am seriously overdue? Don't panic, there are ways to deal with it!

What should I do if a text message starting with 1069 says that I am seriously overdue?

When a borrower receives a collection text message, he first needs to distinguish whether it is true or false. What is certain is that collection text messages starting with 1069 are generally genuine.

Because numbers starting with 1069 are very common in commercial SMS platforms, based on the three major operators, through the Internet and big data, group SMS can be easily realized. Therefore, collection text messages starting with 1069 are also commonly used by various large and small loan institutions.

After confirming that his loan is really seriously overdue, the borrower needs to proactively contact the lending institution or collection personnel. Inform the other party that your current financial situation is relatively difficult, and then negotiate a plan acceptable to both parties based on your financial repayment ability.

If the other party does not accept the negotiated repayment and chooses to sue the borrower, the borrower does not need to be too afraid. Because loan cases are generally civil litigation, the court will also organize communication between the borrower and the lending institution before the formal hearing. The court will try its best to avoid excessive losses to both parties and protect the rights and interests of both parties.

If the borrower is not sure whether his loan is really overdue, he can directly call the customer service of the platform, inform the other party of his identity information, and let the customer service make inquiries. If the customer service does not find it, it is a false text message. 2. Emergency warning! Old routine, new case! Beware of overdue credit card SMS fraud

Recently, fraud cases involving people pretending to be bank customer service have occurred frequently.

The criminals start with “1069” SMS service number,

sending “ "Credit card overdue" text message,

requiring to contact an out-of-town landline number starting with "021", "010", etc.,

and download video conferencing software such as "Zoom" and "DingTalk" as requested by the other party. ,

Later, on the pretext of turnover or repayment, the victim is lured to transfer money into the other party's designated account to commit fraud.

Police reminder

Regular bank customer service text messages

are sent from the bank’s fixed customer service phone number and will not require customers to download them. Any software to perform transfer operations.

Anyone who asks customers to download third-party video conferencing software in the name of bank customer service personnel,

and requests to transfer money, is a scam! ! !

Source: Internet Fraud Terminator