What are the means of collection?

Issue 1: Illegal collection of overdue online loans has caused serious harm to borrowers, and the debtors can't go home or directly force them to go bankrupt. Some door-to-door collectors directly splash red paint to write big characters after coming to the door, and also print the debtor's personal identity information and debt information into leaflets for dissemination through various channels and post them on the bulletin boards of local village committees or communities. Therefore, it has brought serious harm and great psychological pressure to the debtor. Their behavior is very bad and illegal, which is why the relevant departments have recently cracked down on collection companies and arrested people.

On-site acquisition reference map

Second: usury Many debtors will encounter beheading interest or high interest rate when borrowing money! For example, after the borrower successfully borrows money, it will deduct some fees in advance, commonly known as beheading interest or high interest rate, and some platforms add some service fees, guarantee fees, membership fees, insurance fees and handling fees without the borrower's knowledge, and these fees are not guaranteed by themselves but by others, and the overdue fees are relatively high, plus these fees are rarely acceptable, not to mention the current funds are already very difficult! Third: if there are other serious situations, online lending companies will not compensate but pass the buck to each other! Even without an apology, they are unwilling to take responsibility for their illegal collection. Many debtors are very angry at this behavior!

Urge sb. to pay

Therefore, some debtors would rather be old-timers than negotiate repayment, and let them go through the prosecution procedure directly. It's not that the debtor deliberately refuses to pay back the money, but that some people will be punished by law! This is why many collection companies have been arrested by the police recently, and many places are the first to be sentenced. Even some illegal platforms will rack their brains to report the debtor's overdue records to the personal central bank for credit investigation in order to let borrowers repay as soon as possible! As for the reason, even if I don't say it, I believe you should know what is going on!