The failure of the collection phone call may be due to the transfer of creditor's rights, other collection company changes, litigation and other reasons. Of course, you still have to pay back the money. After some people borrow money, they may be overdue for various reasons. At this time, we will face all kinds of phone calls and text messages, and even our relatives and friends will be affected. But suddenly one day, my friends now find that all kinds of collections are gone, as if they don't owe money, and even some don't adapt.
First of all, the collection may disappear because of the transfer of creditor's rights. Many online lending platforms also have certain insurance. If the debt cannot be recovered for a long time, the insurance will repay it, which is equivalent to transferring the debt to the insurance company, so we will not receive the news of collection for a long time to come. This is a very normal phenomenon. But that doesn't mean you don't have to pay back the money you owe. It's only a matter of time before the other party will find a way to get you to pay back the money in other ways.
Secondly, it may be that other collection companies have been replaced. You should know that these collection personnel are rotated on time. Don't think that they are all the same company. If the money they owe is not returned after a long time, they will switch to other companies to continue their work. Just because of the intermediate handover, the possible collection work will be temporarily stopped, but it won't be long before these harassing text messages will follow, even more violent than before, so be prepared psychologically.
Finally, this account may enter the litigation stage. When the bank thinks that the other party can't pay back the money, and the overdue time is too long, it will choose some accounts to start litigation, and naturally there is no need to continue to collect it. We may receive a lawyer's letter from the court in the future. If you still don't pay your debts, you will be blacklisted by enforcement. But in any case, you can't give up paying back the money just because you don't have the collection information. You still have to make more efforts to pay back the money as soon as possible.
Why is the credit card overdue and suddenly not urged? What happened to the sudden suspension of credit cards?
The bank will take back expired credit cards. Many people think that as long as they don't pay back the money, the bank will keep collecting it, but some people suddenly stop collecting their credit cards before they are paid off. It feels like the peace before the storm. So, why are overdue credit cards suddenly not urged? What's the matter with the sudden withdrawal of credit cards? Let's have a look.
Why is the credit card overdue and suddenly not urged?
The credit card suddenly stopped after it was overdue. In fact, I didn't really stop the collection, but I didn't send a text message or call to collect it, so I gave the debtor the illusion that I had never collected it. In fact, banks have to enlarge their recruitment, because SMS and telephone collection are not acceptable.
However, in some cases, the collection will not be really urged. For example, if the repayment is successful after negotiation with the bank, the bank will stop the collection, and then decide whether to collect it according to the repayment situation of the debtor. But in either case, as long as the credit card is not paid off, it will not really stop.
What's the matter with the sudden withdrawal of credit cards?
1. Bankruptcy: Although bankruptcy is rare, it still exists. Four domestic banks declared bankruptcy, including Hebei Suning Surviving Rural Credit Cooperative, Hainan Development Bank, Shantou Commercial Bank and Baoshang Bank. Bank failure does not mean that the money owed is written off, and other banks take over and it is only temporary.
2. Prepare to sue: If the overdue amount of the credit card is too long, it will be invalid through SMS or telephone collection, and the bank will sue. After the bank wins the case, it will ask the court to enforce it. If the debtor does not want to be restricted from high consumption, he must repay the debt within the given performance period, otherwise he will be included in the list of untrustworthy people, become a deadbeat, and may even be punished.
3. Internal write-off: Some debtors' credit cards disappeared after being overdue, and many people were contacted by phone, but no one was at home. Some banks will write off debts that cannot be collected for a long time, and some banks will suspend collection. However, internal write-off is not equal to "write-off" or "transfer debt". Banks still have the right of recourse and can continue to collect debts from debtors at any time.
The above is the introduction of "Why the credit card is suddenly overdue", and I hope it will help everyone.
What if the bank suddenly collects overdue credit cards?
If the credit card suddenly expires, it is probably because the bank intends to sue and let the customer repay through legal channels, and then the customer is likely to receive a notice from the court or lawyer. Of course, it is also possible that the customer is overdue for too long and the bank can't contact anyone, so the overdue debt is listed as bad debt and the collection is abandoned.
Consequences of overdue repayment of credit cards:
Consequence one:
After a credit card with high penalty interest defaults, the penalty interest fees usually involved are revolving interest fees and late fees. The essence of revolving credit is a small, unsecured loan with daily interest. If the repayment is not made in full on the last repayment date, revolving credit interest will be generated on the next statement, and the interest needs to be calculated from the date when the consumption is recorded.
Except for ICBC, the other 12 banks still carry out full penalty interest. Full penalty interest means that even if the customer repays the part, the repayment part is not deducted when calculating the penalty interest, and the interest expense is usually calculated at the daily interest rate of five ten thousandths. In addition, some banks stipulate that interest shall be calculated at five ten thousandths within 15 days from the bookkeeping date, ten thousandths after 15 days, and fifteen thousandths after 30 days or when the overdraft amount exceeds the specified limit. The longer the default time, the higher the penalty interest.
Consequence 2:
The violent collection of credit cards that caused legal disputes has become a hot topic. Many bank credit card centers outsource the collection of credit card repayment to some so-called "debt collection companies". These companies are mixed, and the debt collection methods are rough, which brings great trouble to customers.
Not only that, the defaulting customer may also face legal disputes. According to the provisions of the Criminal Law, a credit card with a malicious overdraft of more than 5,000 yuan will not be repaid after three months of collection by the bank. If the circumstances are serious, criminal responsibility may also be investigated for fraud. For defaulting customers, after entering the judicial process, it will not only affect their reputation, but also lose more costs. In addition to paying off the arrears, it is even worse to bear the litigation costs.
Consequence 3:
Leave a "credit stain" in the national credit information system. In 2006, the central bank established a national unified enterprise and individual credit information basic database. As long as you have applied for a card or borrowed money from a bank, your own "credit report" will be automatically generated in this system. The "stain" in this report can't be ignored. It will affect all kinds of applications for loans, insurance, job hunting and studying abroad. Bad records are generally kept abroad for 7 years. 20 12, 1 1, the new personal credit report of the central bank was launched, and the credit card and loans overdue situation before 2009 1 were no longer displayed, and the overdue records were retained for 5 years thereafter. This move means that the public's overdue negative record is no longer accompanied by a lifetime. If you can repay in full and on time within five years, your credit can be cleared.
Why did the collection phone suddenly stop calling? These reasons are the key
Collection has always been a nightmare for people with overdue credit, because they call every day without interruption. If one day, the call collection suddenly stops, they may not be used to it. I want to ask why. This problem really deserves attention. After all, overdue debts have not been paid, and there must be other reasons for not collecting them. So below, let's analyze "why the collection phone suddenly stopped calling".
Why did the collection phone suddenly stop calling?
I. Reasons for the attitude of the debtor
1, deliberately delayed
1 promised to return it on 10. 10, no. 10 made an excuse to pay it back on the 30th, but it never did. Is this not a joke?
Step 2 refuse directly
Blacklist collection calls, refused to play disappear, oil and salt do not enter, naturally do not have to call.
Second, the problem of overdue time.
1, 1-60 days overdue
If it is mild, you can call slowly, ask why, and urge repayment;
2. Overdue by 6 1- 120 days.
Gentle, began to worry, less and less believe the debtor's excuse, strengthen the collection of repayment;
3. Overdue 12 1- 180 days.
It is considered to be malicious overdue, and the call collection has no effect. I don't want the debtor to take the initiative to repay, but I will bring a lawsuit to the court and take legal procedures to solve it. The court will force the debtor to pay.
Third, the normal procedure of creditors.
1, the debtor's grace period
Call for a while, then stop for a few days, still have a little trust in the debtor and give time to raise repayment funds.
2. Collection strategy.
It is equivalent to the empty window period in love, and there is a certain gap, which causes the debtor to guess and associate with the consequences and may take the initiative to contact the repayment.
3. Relevant departments shall supervise the suspension of collection.
Some excessive collection and violent collection, which constitute harassment or endanger the debtor's related rights and interests and safety, can report complaints, and relevant departments will come forward to deal with them and exert regulatory pressure, resulting in creditors having to stop collection.
The above is about "Why did the collection phone suddenly stop calling". No matter whether the collection call is made or not, overdue debts will always be paid.