Is it true that he said he was going to put up a notice at my house when his existing installment was overdue for three years?

Yes. Nowadays, the country also has strict regulations on reminders, but overdue payment will also bring great harm to you. As long as the collection is not violent and is from the informal sector, door-to-door collection is legal. The bank's on-site collection of credit card debts is to protect the bank's basic rights and interests, but if it is other credit disputes (not malicious credit card defaults), the public security organs have no right to intervene. In the case of malicious credit card defaults, if the credit card is overdue more than 2 times, the credit card will be collected. If the credit card cannot be repaid in full, it is recommended to pay the minimum repayment amount, but interest will accrue. If you continue to repay overdue, it will not only incur late fees but also seriously affect your personal credit record. Once you have a bad record, you will no longer be able to apply for credit cards and bank loans within 5 years.

1. Whether it is a credit card or various online loans, you must first not be overdue, because overdue means that you may have to go on the credit record. Of course, some may not, but as the national environment changes, it will only Getting stricter.

2. Because if you are overdue, you will be charged liquidated damages or late fees, which must be collected, and you must know that no matter what kind of loan software it is, they will charge installment fees. The shorter the time, the easier the procedure. The higher the fee, the opposite is true. But you must understand that they are not a charity, and they only seek benefits, so you must think carefully when borrowing is not necessary or necessary, and don't trap yourself, otherwise it will be difficult to get ashore.

3. Before the bill is overdue, your bills are normal. After the bill is overdue, interest will be charged. Generally speaking, it is between 5/10,000 and 3.5/10,000. However, Note that for example: the bill date is the 1st, the repayment date is the 15th, the bill is issued on the 1st, and the last payment date is the 15th. You can repay the bill when the bill is issued on the 1st. The repayment date on the 15th is the last Make no mistake about the repayment period. Of course, if you forget to pay it back on the 15th, it usually takes no more than 2-3 days, and your credit report will basically not be listed. Of course, it mainly depends on what the software you borrowed money from tells you. Also, for example, if you don’t pay back the money on the 17th, interest will be charged. The credit will not be calculated from the 17th, but from the 1st, your billing date. The more money you owe, the more interest will be charged.