Is it true that Ping An Bank's credit card was forced to deduct short messages when it was overdue?

It's true. By means of violent collection, such as exploding the address book, the money recovered is much more than the money brought back to the court, and the cost is very low. Online lending belongs to private lending, and overdue online lending is only a civil dispute. As a result, the online lending platform sued the borrower to the court, and at most, the borrower was sentenced to return the principal and the interest not exceeding 15.6% per year, so the online lending platform lost a large part of its profits.