It is common for people who are overdue to forget to pay back. The reminder time is about 1-7 days. At this stage, the address book will basically not be exposed.

After 7 days-1 month, communication explosion began to appear. Due to different collection methods and borrowers' conditions, the start time of address book explosion is also different, and most platforms will explode the address book after 1 month.

How long will the address book explode?

Many borrowers will have this idea. The online lending platform cannot always explode the address book. As long as it lasts for a while, it won't be exploded.

Is it possible? It is possible, but it is extremely unlikely.

There is a word called "bad debt" in online lending, which means that when the online lending platform feels that the lent money really won't come back, it will define this account as "bad debt".

Lenders classified as "bad debts" will basically not have access to the address book.

But, but!

The possibility of this situation is very small, less than 1%. The money on the online lending platform is not blown by the wind, and it will definitely try its best to collect debts. Most online lending platforms will persistently call the contacts in the borrower's address book until the money is returned.

Of course, the online lending platform explodes the address book in stages, mainly in the following three stages:

1-3 months

Three months before the deadline is the most intensive stage of telephone bombing. Online lending institutions will distribute the overdue list to customer service and then contact them one by one. No answer, no contact, power off, no number, and the phone is connected again. There is only one purpose, repayment!

The online loan explosion address book is basically a group call to all the contacts of the borrower through VoIP to inform the fact that the money is not returned. To put it bluntly, it is embarrassing the borrower in front of relatives and friends. As long as it is not paid off in full, the collection phone will keep calling.

3-6 months

After three months, most online loan companies will give up internal collection and let professional collection companies continue to call. Most of them will call for collection, and some will use home collection.

At this stage, the situation of exploding the address book will be better than before, but the borrower will face worse collection.

Six months later,

After more than six months, some online lending companies will stop dunning and list this account as a bad debt. At most, they will make an occasional phone call to see if the borrower is still willing to repay.

However, this situation, as mentioned above, is very unlikely, and the online lending platform will not easily record "bad debts".

So, finally, I want to advise you. On the one hand, we must understand and identify scams such as usury and routine loans, and learn to resort to the law to safeguard our own rights and interests. On the other hand, once overdue, we must find ways to negotiate with the online lending platform and try our best to repay. The longer we wait, the worse it will be for us.