What is the collection of consumption stages?

This consumption is collected by a third party.

This is because there are too many people handling credit cards, and it is impossible for banks to handle all overdue cases in a short time. The existence of a third-party collection company can greatly save costs. Therefore, consumption staging is a third-party collection.

The third-party collection company has a professional collection team, which can efficiently and quickly collect overdue debts and improve the efficiency of bank payment.

If the bank collects money directly, it will lead to disputes between the two sides because of poor communication and asymmetric information. The third-party collection company can act as an intermediary to coordinate the settlement of disputes between the two parties.