What should I do if the text message starting with 1069 says that I am seriously overdue? Don t pani

After applying for a loan, if the borrower still does not repay the loan after the repayment time specified in the contract, the lender's system will start to collect it. The collection method is generally SMS**or dial**, what should I do if the SMS starting with 1069 says that I am seriously overdue? Don't panic, there's a way to deal with it

What should I do if the text message starting with 1069 says that I am seriously overdue?

When a borrower receives a collection SMS, the first thing they need to do is distinguish between the real and the fake. To be sure, the collection SMS starting with 1069 is generally true.

Because numbers starting with 1069 are very common in commercial SMS platforms, based on the three major operators, through the Internet and big data, SMS can be easily realized**. Therefore, the collection SMS starting with 1069 is also commonly used by various large and small lending institutions.

After determining that their loan is really seriously overdue, the borrower needs to take the initiative to contact the lender or collector. Inform the other party that their current financial situation is difficult, and then negotiate a mutually acceptable plan based on their financial ability to repay.

If the other party does not accept the negotiated repayment and chooses to sue the borrower, the borrower does not need to be too afraid. Because loan cases are generally civil lawsuits.

Before the formality**, the court will also organize the borrower and the lender to communicate. The court will try to avoid excessive losses on both sides and protect the rights and interests of both parties.

If the borrower is not sure whether he or she really has a loan overdue, he can directly call the customer service of the platform, inform the other party of his identity information, and let the customer service make inquiries. If the customer service does not find it, it is a fake text message.

1069 SMS collection still has to be listened to, under normal circumstances, only overdue behavior, the platform will collect in order to protect its own rights and interests, SMS collection is only one of the means, if you do not pay the overdue bill according to the SMS reminder, you will have to bear more serious overdue consequences.

After the deadline, the platform will take the following measures in order to protect its own rights and interests.

1. Reduced credit limit.

2. Frozen credit line.

3. Require early repayment of arrears.

4. Pursue the breach of contract.

5. Report the bad usage to the credit report.

6. Reduced assessment scores.

7. Calculate the penalty interest for overdue.

8. Collect the collection.

Therefore, when applying for a loan, it is necessary to fully consider the future repayment, fully consider the personal income, do not use credit products to exceed your financial ability, and apply for a loan reasonably within the scope of personal income, so as not to bring too much pressure in the future.

If you apply too many times and are worried that your big data will lead to the inability to get a car loan or a housing loan in the future, you can check your big data in the "Beijian Quick Check", which provides accurate information for debtors, those who apply for too many online loans, loan users and platform risk control personnel. You can quickly query various big data, such as arrears records, loan applications, credit reports, etc., so that you can better understand your credit status.

Extended Information: Will I be sued if I don't pay it by the deadline?

If the loan is overdue and the overdue time is more than 3 months, then you may be sued by the lender.

The reality is that lenders will make calls, send text messages, and collect money, but rarely sue borrowers.

Suing requires a certain amount of time and labor costs, and for lenders, the cost of suing may be even higher even if they recover overdue debts.

Therefore, after the user's loan is overdue, it may encounter long-term collection, and the possibility of being sued is very low, but it is not excluded that the overdue amount is large, and the lending institution will eventually choose to sue the user.

This means that there should be a loan in your name that is overdue, and then these SMS messages are sent in bulk by the platform.

This means that there should be a loan in your name that is overdue, and then these SMS messages are sent in bulk by the platform.

Is it legitimate?

Is this true or false information?

The content of the text message is not very credible, for example, it says that it will collect and sue you, which is not very credible. The only credible thing is that he reminds you that it is true that there is an overdue.

The fake is not so scary, it is scary.

The definition of debt evasion is how much money it is.

This is decided by the court after whom, not by them.

Then this one is fake.

Yes, it's just to scare you and make you pay back, but your arrears should be returned as soon as possible, otherwise when the time comes**, text messages will bombard you.

Okay, got it.

Hmmm, hope it helps you.

Proof that the information was leaked.

Because many platforms start with 1069 when sending collection SMS, the number is based on the premise of the three major operators and Internet connection, and sends bulk SMS to users, which is a common collection method.

And when users receive similar text messages, they may just put pressure on the debtor, but it is not ruled out that they will really come to the door. Although now affected by the general environment, the number of door-to-door collection is much less than in the past, it does not mean that there will be no door-to-door collection, so users still need to pay attention.

In addition, there are many users who report receiving a text message from 1069 to file a case in the court or a letter from Baixing to recruit people.

The credibility of these situations is very low, and it is basically impossible. On the one hand, credit bureaus will not collect any form of collection from users, and secondly, if the court files a case, the form of notification will generally not be a text message, and even if it is a text message, it does not start with 1069.

If you receive an overdue collection text message starting with 1069, and the content of the text message contains the person's real name, it may be because:

1.I may have really borrowed money on an online loan platform and forgot to repay it, and when I took out a loan, I had personal identity information, and the platform naturally knew about it, so I launched a reminder to the borrower through the 1069 SMS platform.

2.I didn't actually borrow money, but my personal identity information was accidentally leaked out, and was used by criminals to run fraud through the 1069 SMS platform, pretending to be in the name of a financial institution, and running a reminder under the banner of overdue loans, so as to defraud money.

Everyone needs to pay attention.

1.Don't be gullible after receiving this kind of reminder information, you can check big data and credit information on your own to see if there is really any arrears that have not been paid. Even if there is, you should repay the loan through the official app of the loan platform, and do not repay the loan through an unknown link in the text message to avoid being deceived.

At the beginning, it is the operator's ** business service SMS platform, which is mainly used for merchants and other service enterprises to contact customers, or run SMS notifications. Because of this, it is impossible to find out which online loan platform is the specific one for the collection through this number.