1. SMS or email collection: for borrowers who are overdue for less than one week. This is the gentlest collection method, mainly to remind users to repay within one week after the deadline. As long as it is returned in time, it will not have a big impact.
2. Telephone collection: If it is overdue for about one week, those who are overdue will receive a collection call. If I can't contact you, the small loan company will contact the emergency contact you left when you borrowed money. Telephone collection is the most common collection method. For users with short overdue time and less arrears, the staff will politely call me first to ask about the repayment time. If you can't contact the client all the time, call the user's address book.
3. Contact the borrower with the address book: Before the loan, the address book will generally be authorized to the small loan APP. When the overdue period is serious, they will ask some people you often contact and inform the borrower to repay.
4. Door-to-door collection: This collection method is costly, and is generally aimed at debtors with large loan amount and long overdue time.
5. Send a dunning lawyer's letter or dunning notice to the residence.
6. Send a court summons for prosecution.