Is it illegal to collect?

Legal analysis: if the collection company is established according to law, it can be said that it is legal for banks to contract this part of the business or call it a debt collection company. The key point is that so far, our country has not agreed to set up such a debt collection company or debt collection company, which means that all debt collection companies or debt collection companies should be illegal, and it is obviously illegal for banks to outsource their business to an illegal enterprise or company.

Legal basis: Article 29 of the Regulations on Non-deposit Loan Organizations (Draft for Comment) Non-deposit loan organizations shall provide repayment reminders to overdue borrowers in a legal and appropriate way. Non-deposit lending organizations and outsourcing institutions shall not have the following acts when collecting debts:

(1) using or threatening to use violence or other illegal acts to damage the body, reputation or property of others;

(2) Insulting, slandering or otherwise interfering with the normal work and life of others;

(3) forcing the borrower to pay off debts by misleading, cheating, false statements and other means;

(4) Publicizing the list of borrowers who refuse to pay off their debts to the public, except as otherwise provided by laws and administrative regulations;

(five) to collect money from people other than the debtor and the guarantor;

(six) other illegal, improper or improper means to collect debts.