However, it should be noted that there are almost no collection companies that do not violate the rules. What attracts people's attention is that there were major violations in the collection process of 5 1 credit cards last year. Every listed company will do this, let alone other small companies.
In the most realistic terms, those who can communicate with debtors in a friendly way cannot achieve 100% performance. Finally, compared with the salary of illegal operation, it is also a very realistic thing to leave or let nature take its course, which is also caused by the big environment.
First of all, it is certain that as long as the procedures of third-party debt collection companies entrusted by banks and online lending institutions are legal and the means of debt collection are not illegal, it is legal.
Many people may be misled by online articles and think that third-party debt collection companies are illegal, but this is not the case. If you want to judge whether a company's behavior is illegal, then it depends on whether there are illegal problems in its daily operation. For example, violent debt collection, telephone harassment, and even door-to-door painting, writing big characters and other debt collection methods are illegal and belong to the category of violent debt collection. In reality, it is illegal for most debt collection companies to help collect debts and ask the parties for some money without getting the corresponding legal procedures.
As we enter the credit society, people can get some loans through their own credit records and pledges, and the collection company is responsible for helping individuals or enterprises to collect debts. Because many creditors are unable to collect debts like debtors, they will entrust the debts to a third party for collection and promise high fees. According to my experience, the return rate of collection will even be higher than 50% of debt. In other words, to repay the debt of100000, the debt collection company will get a reward of 500000.
Then, under the temptation of high income, many debt collection companies began various forms of bad collection, such as violence, coercion, telephone bombing and other methods.
My advice to you is that if you encounter a debt collection company coming to your house or violently collecting debts, remember to keep the evidence, because some debt collection companies are entrusted by banks and online lending companies, but they have not made the debt collection companies have illegal means. It is best to contact the defaulting institution directly and then negotiate to solve it.
Recently, 5 1 credit card was investigated for collection problems, and its share price plummeted by up to 60%. The reason for the investigation is that its cooperative collection company used violence to collect money, which led to a serious accident of the borrower. In view of the seriousness of the accident, the founder of 5 1 credit card also apologized, publicly apologized for the problems caused by poor management of the cooperative collection company, and conducted a public investigation on a listed company.
Is it legal for banks and online lending institutions to entrust third parties to collect money from companies?
Whether it is legal for banks and online lending institutions to entrust a third-party collection company to collect money, I think we should look at it separately: (1) If banks and online lending institutions sell assets to collection companies for collection, it is actually illegal, and collection companies generally have no financial qualifications and cannot undertake assets; (2) If banks and online lending institutions entrust a third-party collection company to help them collect overdue assets, it is actually legal, a commercial act, not a financial act. However, even if banks and online lending institutions entrust third-party collection companies to collect overdue assets, it is legal. However, banks and online lending institutions are also responsible for inadequate training and supervision if the collection companies use violent collection, such as intimidation and extortion.
Therefore, no matter whether the online loan and the third-party collection company entrusted by the bank are legal or not, as long as we are violently collected by the collection company, we can call the police. In the previous stage, China promulgated laws and regulations to restrict violent collection. In addition, violent collection is considered to be an important part of cracking down on gangs. In addition, many companies have recently been banned or investigated for violent collection, so if we encounter violent collection, we will decisively report it to the local public security bureau. Violent collection includes intimidation, threats, personal injury and so on.