When our loan becomes overdue, the following collection process will generally occur based on the overdue time:

If it exceeds three days, you will start to receive text messages reminding you that the loan is overdue and asking you to repay it as soon as possible.

If it exceeds half a month,ofw loan without ccsl customer service will call you to remind you to repay as soon as possible.

After more than three months, under normal circumstances,personal loan calculator the person calling you will no longer be customer service, but a third-party collection agency.

Third-party collection agencies are professional collection companies.student loan The meaning of their existence is to try every means to get you to repay your debt.

In many cases, it is third-party collection companies that give us headaches, because they not only have many collection methods, but also use very wild methods. More often than not, they use legal edges to carry out violent collections.

When the collection agency has been unable to contact you personally, they will find ways to contact you through some other ways: for example, a common one is to call your work phone.

If you call your work unit to collect money, it will definitely affect your job and reputation.

So when encountering this situation, what should you do to stop debt collectors from making harassing phone calls to your company?

First of all, we need to make it clear whether the overdue amount belongs to a bank or a financial institution.

If it is a bank, you can call the China Banking Regulatory Commission to report your problem, explain your demands, and ask the other party to stop harassing the company on the phone and contact you personally if there is anything. The China Banking Regulatory Commission will feedback your request to the bank, and as long as your request is reasonable, it will be met. Finally, the bank will ask the collection company to stop such collection methods.

If it is a financial institution, based on many years of experience, it is better to contact the platform customer service proactively and explain the impact of collection methods on your life. You should also constantly ask the other party to stop calling the company and just call you personally if there is anything.

Of course, if you are facing debt collection, regardless of whether you have the ability to repay, try to answer debt collection calls every once in a while to prevent them from being unable to contact you and using various methods.