Is the overdue collection of Changhanghua serious?

Chang Hanghua's overdue collection behavior is quite severe. Its main performance is:

1, collection notice: remind users to repay as soon as possible by telephone, SMS, email, etc.

2. Overdue interest: Overdue repayment will lead to overdue interest, which may increase the repayment burden of users.

3. Overdue record: overdue repayment will be recorded in the user's credit report, which may have a negative impact on the user's credit rating.

4. Entrusted collection: If the user fails to repay or refuses to repay for a long time, Changhanghua can entrust the overdue bill to a third-party collection agency for collection.

5. Litigation: If the user refuses to repay or is unable to repay, Changhanghua can choose to take legal measures to bring a lawsuit to the court and ask the user to return the arrears.