The secrets of credit card collection methods are revealed! 5 major debt collection methods that will make you miserable!

Nowadays, credit cards have become very popular in our country, and some people have more than one or two credit cards. There are already some people with bad credit card habits who have overdue credit cards. So, how does the bank collect money after the credit card is overdue? Today, I will reveal to you the secrets of credit card collection methods!

The secrets of credit card collection methods include: text message collection, phone collection, door-to-door collection, third-party collection and legal means of collection. These collection methods are often progressive based on the overdue period.

SMS collection In the first few days after the cardholder is overdue, credit card collection is often based on SMS collection. Generally speaking, SMS collection mainly serves as a reminder. Therefore, SMS collection is often ignored by many cardholders.

Telephone collection Telephone collection is the most commonly used collection method. It is very kind to make one phone call a day, and it is normal to make several calls.

Door-to-door collection: When the overdue time is relatively long (usually after the credit card is overdue for 3 months), the cardholder may encounter door-to-door collection. However, the door-to-door collection of credit cards is much more civilized than the door-to-door collection of online loan platforms, and violent collection is rare.

Third-party collection: When its own collection fails, the bank may package and sell the non-performing credit card assets at a low price, and let a third-party professional collection company handle the collection. If the bank entrusts the collection business to a third party, the collection method will be much tougher.

Take legal channels to collect debts. Taking legal channels to collect debts is often troublesome and the process is complicated. Therefore, only a small number of banks will choose to take the debtor to court and request the court for enforcement. If the debtor still refuses to repay after the court issues a judgment, the court may freeze the debtor's property for auction, or it may include him on the list of dishonest persons.