How to write a credit card collection plan

How to collect credit card arrears? These methods are the most common.

In real life, there are often such a group of people who think that their cards can be overdrawn without repayment, but they don't know that they will be collected by the bank if they fail to repay after the deadline. However, the means of bank collection are endless, which makes people hard to prevent, and finally seriously affects daily life and work. Here's how the bank collects credit card arrears.

What are the common collection methods?

According to different situations, banks will have different collection plans. Let's take a look at them together.

First stage

This refers to the period from the last repayment date to the next billing date, that is, one month overdue, and the bank will remind you to repay quickly by SMS or telephone. During this period, in addition to the principal owed, there are also liquidated damages and interest.

stage Ⅱ

This refers to the second month after the deadline, that is to say, if two bills have been paid after the deadline, the bank will officially start to collect them, and you will receive a phone call from the collection staff. The amount of arrears to be paid at this stage is principal+liquidated damages+compound interest after overdue.

The third stage

At this stage, the bank will intensify the collection after three bills are overdue, not only for itself, but also call your emergency contact to remind you to repay. In addition to the pressure from the bank, you have to face the colored eyes of friends and relatives.

The fourth stage

It means that you are overdue for three months, and the bank has made effective calls and text messages for you twice, but you haven't repaid the money yet. The bank staff may come to your house to collect the money and have an interview with you. If you can't get in touch, the bank will go to your household registration and let friends and relatives tell you, which will indirectly put pressure on you.

The fifth stage

If the above collection methods fail, the bank will report the case to the police station or directly to the overdue cardholder, and the public security organ will intervene in the investigation after filing the case. If you are found to have maliciously overdrawn, which constitutes a credit card crime, then you will be investigated for criminal responsibility, and you may be arrested and punished, and even need to repay after punishment.

What are the methods of bank credit card collection?

Credit card payment has many advantages, even short-term interest-free loans. But banks have the right to collect overdue credit cards. So what are the methods of bank credit card collection?

1. SMS collection: It is mainly aimed at the overdue repayment behavior of early cardholders, which is usually 7 to 15 days overdue. SMS mainly plays the role of reminder.

2. Telephone collection: mainly for overdue behaviors that are more than 30 days and more than one billing cycle, telephone reminders are made for repayment.

3. Door-to-door collection: The bank will arrange the collection personnel to go to the cardholder's residence or work address to collect the repayment, mainly for those overdue for more than 90 days.

4. If it is overdue for more than half a year, the bank will apply to the cardholder for repayment.

5. Outsourcing collection: the bank packages and discounts overdue funds to the outsourcing collection company, which is responsible for overdue debt collection.

The above is the introduction of bank credit card collection methods, hoping to help everyone.

What methods will banks use to collect overdue credit cards?

First, it is very common to call and send text messages, which is the main way for banks to collect money internally. Emergency contacts and relatives will receive messages and phone calls.

Second: it's a letter.

Generally speaking, these two methods are internal collection of the bank, using the overdue consequences to persuade or make some repayment commitments, so that the debtor can repay as soon as possible.

If after two collections, or more than three months, the bank still fails to pay the arrears, the bank will entrust a special collection company to handle it. At the same time, for those with bad nature and large amount of arrears, at the same time of collection, corresponding litigation procedures and preparation of filing materials are still being carried out!

What are the main ways for banks to collect credit cards?

Credit card collection is divided into internal collection and outsourcing collection. Internal collection usually refers to customers who are overdue for less than three months, usually by bank customer service reminder (M0 period), electric reminder (M 1 2 period) or door-to-door collection at all business outlets (M3 period)!

Outsourcing collection mainly means that the credit card center entrusts some companies (some of which are law firms) specializing in collection industry to collect some customers who are difficult to handle, have problems, lose contact or have a small amount after internal collection fails.

Type:

M0 period

It is the day after the last payment date to the next billing date. During this period, the bank records are hardly damaged, but late fees and full interest will be charged. During this period, banks generally don't call for money, but remind them by SMS platform or telephone that they are overdue!

M 1 period

It is a continuation of M0 period, that is, between the second billing date and the last payment date of the second bill, the credit record will be uploaded to the credit information system of the People's Bank of China, which is likely to affect issues such as house purchase loans or credit loans, and will also charge late fees. If it is before the second payment date, it will only be collected once, otherwise it will be collected twice, and the interest will be charged according to the compound interest of the current arrears!

M2 period

It is the continuation of M 1, that is, between the third billing date and the last payment date of the third bill, the credit record of the banking industry will be stained, which will have a great impact on the loans and job hunting of larger enterprises in the future. A late fee will be charged. If it is before the third payment date, the second late payment fee will be charged. Otherwise, for three times, the interest will be compounded according to the current arrears.

M3 period

It is a continuation of M2, that is, between the fourth billing date and the last payment date of the fourth bill, the credit record has a great influence, and there will be a big stain in the bank credit information system, which directly affects all kinds of business in the bank. Enterprises that can't get in, especially public servants, are very strict with the credit information record.

M4 period

It is a continuation of M3, that is, between the fifth billing date and the final payment date of the bill, the credit record has a great influence, and the bank credit information system will be greatly stained, which will seriously affect all the businesses in the bank and prevent it from entering enterprises and institutions with strict credit information records. Late fees will be charged (some banks will stop charging). If it is before the fifth payment date, it will be charged four times. Otherwise, compound interest will be charged for the current arrears.

What are the credit card collection methods of China Bank?

If you don't repay on time within the agreed time, the bank will charge the corresponding repayment penalty and overdraft interest, which will affect your credit information. I suggest that you pay back on time according to the bill.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.

This concludes the introduction of credit card collection plan and how to write it. I wonder if you found the information you need from it?