I. Reasons for Borrower's Default and Collection Measures
In the face of the borrower's failure to repay the loan on time, different loans will have different treatment methods. For secured loans, you can directly ask the guarantor to bear the repayment responsibility. If it is a mortgage loan, it can be repaid through legal procedures. Pledged loans can be repaid according to law. And credit loans, collection will be much more complicated, there are several different situations and corresponding measures.
Situation 1: The borrower has repayment ability, but the credit concept is not strong, which can be corrected by the following measures.
(1) Notify the borrower of repayment in advance before each repayment.
② Education of credit concept. Inform the borrower of the importance of credit record and the consequences of violating credit.
(3) The penalty interest for overdue repayment is high, which makes the borrower know the important consequences of overdue repayment.
Case 2: the borrower's funds are not in place for the time being, and the funds are insufficient when repaying. At this point, take the following measures.
(1) Keep an eye on its operation and monitor its funds.
Situation 3: The borrower is willing to repay, but the repayment ability is seriously reduced, and it will continue and be irreversible. In this case, the following measures can be taken.
(1) the low utilization rate of assets or all assets owing on the loan processing.
(2) If it cannot be returned, it shall be mortgaged with the assets available for repayment in its family property. Or whether the borrower can finance repayment through other channels.
(3) If the loan cannot be repaid, the relevant procedures for the limitation of loan litigation should be improved, and the limitation of loan litigation should be maintained until the borrower has the repayment ability in the future.
After evaluation, if the relief fund of another loan can help it restore its normal production, operation and repayment ability, it can provide another loan to the borrower under the premise of controlling risks, but it must be strictly supervised.
Two, the borrower and its property, business details collection.
No matter what kind of loan defaults, we must first find out the reasons for the default and adopt different collection measures and strategies according to different reasons. This requires a comprehensive understanding and mastery of all the information of the borrower, including
(1) Current situation of the borrower. Including address, physical condition and mental state.
(2) Reasons for the borrower's breach of contract. Analyze what kind of arrears the defaulter belongs to, such as temporary lack of funds, insufficient repayment ability, heavy asset loss or excessive debt.
(3) The borrower's current operating conditions. Understand whether the borrower's current operating conditions are normal. If it is not normal, evaluate the reason and degree of business decline, and whether the deterioration of this business is irreversible or can be improved after taking rescue measures.
(4) Current assets and liabilities of the borrower.
Lending is risky, so is lending to others. We must be clear about the measures to collect loans, so as to deal with the situation of intentional default or inability to repay loans.