Loan collection method:

1. SMS notification: for borrowers who are overdue for less than one week.

2. Telephone inquiry: If the overdue period is about one week, the overdue person will receive a reminder call. If I can't contact you, the small loan company will contact the emergency contact person left when you borrow money.

3. Address book bombing: You usually authorize the address book to the small loan APP before the loan. When the overdue period is serious, they will pick some people you often contact to ask.

4. Door-to-door collection: This collection method is costly, and is generally aimed at debtors with large loan amount and long overdue time. Note that it is illegal to make verbal and physical threats when collecting money at home, and it will also constitute a crime in serious cases.

5. Send a lawyer's letter or a reminder to your residence. ? ?

6. Send a court summons for prosecution.

weixin jinke's collection is well-known. A user of credit card loan of weixin jinke's products was subjected to violent collection behaviors such as telephone bombing about three days overdue. You can see the frequency of this telephone collection, which is about 6 calls a day, and there are calls all over the world. The middle debtor answered several calls and said that he was temporarily in financial difficulties and could not repay them, but the collection staff of weixin jinke still bombarded by telephone.

Note:

Chinese laws have the following provisions on private lending. If the interest rate agreed by both borrowers and borrowers does not exceed the annual interest rate of 24%, the people's court shall support it if the lender requests the borrower to pay interest at the agreed interest rate.

If you have no money on hand, you should also show your good willingness to repay, take the initiative to communicate and coordinate with the small loan platform, and make a repayment plan acceptable to everyone. Paying back on time is fundamental, so that you won't be sued.