Most cardholders or borrowers will receive various letters from banks or platforms in addition to numerous collection calls after they are overdue. First, the dunning note is generally issued by the platform at the early stage of overdue. The dunning note will generally be stamped with the official seal of your borrowing company, which will show your loan information, overdue amount, time and other information. A dunning letter has no legal effect. It only informs you of the fact that you owe money in the form of a letter and urges you to fulfill your repayment obligations. Two. Lawyer's Letter Many overdue friends are scared when they hear the lawyer's letter. In fact, a lawyer's letter and a collection letter are similar in nature. Just a lawyer's tone, according to the relevant legal facts to describe the fact that you owe money, and at the same time warn you of the legal consequences that you will bear if you fail to pay back within the time limit. Receiving a letter from a lawyer doesn't mean that the other party really wants to sue you, because at present, many third-party collection companies are registered in the name of law firms, and sending letters is just a routine operation for them. What's more, many borrowers or cardholders do not have assets under their names. If they file a lawsuit, they may have to pay legal fees if the arrears are not recovered. Most cardholders or borrowers will receive various letters from banks or platforms in addition to numerous collection calls after they are overdue. So what do these letters stand for and do they have legal effect? Today, let's talk about the differences between various letters. First, the dunning note is generally issued by the platform at the early stage of overdue. The dunning note will generally be stamped with the official seal of your borrowing company, which will show your loan information, overdue amount, time and other information. A dunning letter has no legal effect. It only informs you of the fact that you owe money in the form of a letter and urges you to fulfill your repayment obligations. Two. Lawyer's Letter Many overdue friends are scared when they hear the lawyer's letter. In fact, a lawyer's letter and a collection letter are similar in nature. Just a lawyer's tone, according to the relevant legal facts to describe the fact that you owe money, and at the same time warn you of the legal consequences that you will bear if you fail to pay back within the time limit. Receiving a letter from a lawyer doesn't mean that the other party really wants to sue you, because at present, many third-party collection companies are registered in the name of law firms, and sending letters is just a routine operation for them. What's more, many borrowers or cardholders do not have assets under their names. If they file a lawsuit, they may have to pay legal fees if the arrears are not recovered. Three. Court summons The court summons is issued by the people's court, which means that the other party has filed a lawsuit against the fact that you are overdue. The documents issued by this state organ are generally received by people who don't have the courage to forge court summons. Pay attention when you receive a court summons. Don't make a judgment by default at this time, because once the judgment is made by default, all the evidence and testimony are provided by the other party, which is very unfavorable to our debtor. Moreover, after the court makes a judgment, the other party may apply for enforcement with the judgment. If you have assets in your name, it will be executed. Even if you have no assets under your name, you will be included in the list of untrustworthy people, which will adversely affect your future travel and employment.