1. Step up the collection.

If the collection staff can't contact the lender by phone, the collection will be intensified, for example, from making a collection call once a day to making two or three collection calls a day.

Even if the user sets up strange phone interception, because of the network phone used by the collection personnel, the user will often be hard to prevent, so there will definitely be a collection phone to dial the user's phone through interception software.

Moreover, many users have the habit of online shopping every day, so it is unrealistic to set up interception of strange calls, and it is easy to miss the courier's calls.

In addition to increasing the frequency of making phone calls, the collection staff will also send a large number of collection messages to users.

When there are many calls and messages, it will seriously affect the daily life of users.

If there is no legal collection by the collection personnel, there may be violent collection.

After that, users still need to complain or report to relevant departments, which can be said to be more troublesome.

2. Call the contact.

If the lender refuses to answer the collection call all the time, the collection staff will call the contact person for collection.

In order to avoid being unable to contact the lender himself after loans overdue, most lending institutions require users to provide contact persons when applying for loans.

During normal repayment, the lending institution will not call the contact person.

However, after loans overdue, the long-term collection from the lender fails, or the lender cannot be contacted for a long time, so the collection staff will call the contact person for collection.

Contacts are usually family members or friends of users. After receiving the call, others will know that the user loans overdue is not returning it.

The collector calls the contact person, usually hoping to urge the user to repay as soon as possible through the contact person.

Lenders continue to delay repayment, and contacts will also encounter a lot of collection.

Even some loans will require users to provide the company's contact number, and the collection staff may call the user's employer directly after the failure.

3. The door-to-door collection is overdue.

If the situation is serious, when the collection personnel can't contact the lender by phone, they will choose to collect the money at home according to the residential address or ID card address provided by the lender.

If it is a formal lending institution that arranges for the collection personnel to come to the door for collection, then there will generally be no violent collection.

However, some lending institutions outsource collection to third-party companies, and third-party companies usually use some illegal means to improve the probability of debt collection, which may increase the psychological pressure of users.

4. Being sued by a lending institution.

The lender has arranged for the collection personnel to come to the door for collection, and the next step is to prepare for prosecution.

If the user does not answer the phone for a long time and refuses to repay the loan, the lending institution will think that the user is maliciously overdue, so the user may be sued in the future.

After the user is sued, he needs to actively respond to the lawsuit, otherwise the court will directly judge the user to lose the case.

After losing the case, users not only need to return the loan principal, loan interest, overdue penalty interest, liquidated damages, etc. You also need to bear legal fees, attorney fees and other expenses.

In this way, the repayment pressure of users will be even greater, and the court will enforce it if they still do not repay after being sentenced.

After being enforced by the court, the assets under the user name will be frozen, which will seriously affect daily life.

5. Lending institutions handle bad debts.

When the user is overdue for a long time, the lending institution cannot recover the arrears through collection, but does not want to sue the user, it will directly treat the arrears as bad debts.

At this point, the overdue records in the user's credit information will become bad debt records, which are seriously overdue records. There are bad debts in the credit report, and users will not be able to apply for other loans in the future.

Moreover, the longer the bad debt record exists, the greater the negative impact. In the long run, the bad debt record will become a credit stain.

If you are not clear about your online loan big data, you can check your online loan big data information in Xiaoqi Credit Information. The database cooperates with more than 2,000 online lending platforms, and the queried data is very accurate.

Extended data:

How to negotiate with the bank when the car loan is overdue?

If you want to negotiate repayment with the handling bank after the car loan is overdue, just call the bank service hotline and contact the customer service staff directly.

When negotiating, first state your intention and clearly explain why you are overdue. It is best to provide some information to prove that you are not intentionally overdue, but really unable to repay. Then you can try to apply for an extension of the repayment period and repay the arrears in installments, and the bank should consider it as appropriate.

And if you can't negotiate once, you can try to modify your own repayment plan and communicate with the bank several times.

If the bank finally agrees to the extension request, it only needs to repay the arrears in installments on time according to the repayment plan newly negotiated with the bank.

Of course, if the final negotiation fails, we will have to find another way to raise funds to repay the arrears.

For example, you can try to borrow money from close relatives and friends to pay it back.

Be careful not to evade paying back the money directly because you can't afford it, and don't think about paying back another loan, which will bring serious adverse effects.