As the lending market expands, the number of cases such as overdue bank loans and credit card overdrafts increases. Once overdue, it may affect an individual ' s credit record and credit rating, or even have a significant impact on future access to loans, credit cards, etc. So, how do banks get credit back when they're behind schedule? This paper will be analysed and explored from multiple perspectives。

How do you get credit back after the bank's overdue

I. Timely advance of arrears

After the bank has been overdue, the first step is to advance the arrears as soon as possible in order to avoid fraudulent defaults and fines. Following the payment of arrears, a repayment plan would need to be developed in consultation with the bank, which would be used as the basis for a gradual restoration of credit。

Networking with banks

Banks must see the problem in a timely manner when they are overdue and contact banks on their own initiative to inform them of the reasons for the arrears and the circumstances of the case. Once the bank becomes aware of the facts, this will be of great help to the subsequent credit restoration。

III. Avoidance of doubleovers

If the arrears are not advanced after the delay, or if there is no connection with the bank during the overdue period, there is a high risk of successive delays, which could have a greater impact on the credit assessment of individuals. Therefore, in cases where banks are overdue, measures and actions must be taken as soon as possible to avoid further delays。

IV. Building the right notion of credibility

When banks are behind schedule, they should reflect on individual consumption habits and perceptions of credit, establish the right concepts of credit, develop a scientific financial plan and comply strictly with them。

V. ENGAGEMENT OF THIRD PARTICIPANTS

In the process of late restoration of credit, third-party institutions could also be used to improve credit ratings, for example, by searching the credit records of the callers to ensure their accuracy. In addition, credit ratings could be increased through participation in public interest activities, sponsorship of charities, etc., which could increase banks ' trust in individuals。