Is it reliable to deal with overdue law firms?

It's generally unreliable. Legal companies that specialize in solving overdue online loans and credit cards are generally fraudulent, and cardholders must not believe it easily. If there is such a law firm, you can check its business information. The interest of online loans is generally higher than normal interest, and the calculation of overdue fines and liquidated damages is also very different from that of regular loan products. Timely repayment is far from illegal online lending.

If the cardholder fails to repay in full after the due repayment date and the minimum repayment amount is not selected, the bank generally takes the following measures:

(1) Calling or sending a dunning letter to those whose credit cards are overdue.

(two) overdue for more than six times and one time will be blacklisted by the "personal credit information system" of the People's Bank of China.

The bank will freeze the credit card accounts of overdue borrowers and add them to the blacklist. The record of arrears may be fed back to the personal credit information system of the People's Bank of China, which will affect the cardholder's personal credit record and make it impossible for the cardholder to apply for a mortgage loan normally.

(3) will be sentenced.

If the overdue amount of the credit card is large (principal 10000 yuan or more), and the overdue amount is more than three months, and the bank still fails to repay the loan twice, it belongs to the malicious overdraft of the credit card and constitutes the crime of credit card fraud. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years; if the amount is huge, he shall be sentenced to fixed-term imprisonment of not less than five years 10 years. If all debts can be paid off in time before the judgment, criminal punishment may be mitigated or exempted.