Nowadays, when many people encounter financial problems, they will choose bank loans for the first time. When they borrow money, they need to sign a contract. The contract clearly stipulates what will happen if it is overdue, so everyone must repay the loan on time. So how does the bank pay? You may face this situation after the deadline.

I. Call or SMS for collection

Because the bank is a state-owned unit and supervised by the China Banking Regulatory Commission, it will not take violent measures to collect money at first, but mainly contact the borrower by phone or SMS, asking the borrower to repay as soon as possible. At this time, it is generally overdue, and the situation is not too serious. The overdue time is within 65,438+0 months, which is basically the way to pay back the money.

Second, letter collection.

If the overdue time is less than three months, many banks will send special dunning notices, which may be emails, letters, faxes, express delivery, etc. Some directly send a lawyer's letter. If they don't repay the loan as soon as possible, they may be sued by the court. However, it is generally just a warning letter, not an indictment, but borrowers should be vigilant enough.

Third, third-party companies

There are many professional collection companies in the market, which not only have enough time, but also have many professionals. Bank financial institutions will entrust a third-party collection company to continue to collect some users with a small overdue amount and a long time. These companies' collection efforts are much stronger than those of banks, and there may be violent collection.

Fourth, bring a lawsuit to the court.

If the overdue time exceeds half a year and the amount is large and the circumstances are serious, the bank will submit an indictment to the court. As long as this lawsuit is initiated, the success rate is 100%. Because the bank's lending is not illegal and the overdue situation is true, most people will pay back the money.