Lawyer analysis:
Legal.
Dunning companies are legal as long as they are established according to law. Dunning companies must abide by the law and discipline when collecting debts, and must not use violence to collect debts. Once there is a violent debt collection, it is illegal.
Whether the third-party collection company is legal or not depends on the following circumstances:
1. dunning companies must abide by the contents of relevant national laws and regulations when dunning debts, and must not use violence to dunning debts;
2. The collection formula is also called debt collection company, which is not only used by private lending institutions, but also outsourced by many bank financial institutions to these companies, because the main job is to help financial companies deal with the corresponding overdue debts.
Legal basis:
Article 6 of People's Republic of China (PRC) Company Law
To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.