1. Is the company that handles overdue credit cards reliable?

The companies that handle overdue credit cards are not absolutely reliable. If you encounter something unreliable, If it is a formal company, then of course it is unreliable. But this industry does exist. Whether it is reliable or not depends on whether the company you choose is formal or not.

If you can choose a regular company to help you deal with overdue issues, whether you accept the guidance of this company or have this company as its sole agent to negotiate matters, the probability of negotiation will increase.

If you seek medical treatment in a hurry and choose a company at random without fully understanding the other party, you will lose more than you gain if you are defrauded of personal information and money. Therefore, you must have a full understanding and choose a formal institution.

2. How do companies that handle overdue credit cards charge?

The common charging methods for companies that handle overdue credit cards are as follows.

Most companies that handle overdue credit cards on their behalf generally charge based on the proportion of the total debt owed, with common charges ranging from 5% to 10%. Some even charge 15%. If you encounter such a high charging method, it is recommended not to choose this kind of company. Of course, if you are lucky enough to find a more conscientious institution, it may only cost you a few thousand yuan to get a few credit cards for you.

However, the level of fees is not the only criterion for judging whether an institution is reliable. If you owe hundreds of thousands of yuan on a credit card but your monthly income is only a few thousand yuan, then you should spend a little money to settle the matter. These things make sense. If you are already in poverty and cannot pay the installment, there is no need to spend this money.

3. Is the company that handles overdue credit cards legal?

If you urgently need help from an agency that handles overdue credit cards, you don’t need to care about whether it is legal. This is just a third-party negotiation, and only if it does not violate the rules , the law allows it. Banks can find third parties to collect debts, why can't users find third parties to help negotiate.

But from the perspective of banks, they naturally do not want this industry to exist, because cardholders will incur overdue interest and liquidated damages after overdue payments, and companies that handle overdue credit cards will help you reduce interest, so Will reduce bank profits.

However, it does not mean that cardholders who entrust a third-party agency to help handle overdue matters will definitely succeed. Everything must be subject to the bank's review results.

In special circumstances, you can click the consultation button on the right. The website provides professional lawyers to answer questions and help you solve your repayment problems so that you can return to your normal life.