As long as a third-party debt collection company has a legal power of attorney for bank and online loans, and there is no illegal operation in the collection process, it is legal.

however, it should be noted that there are almost no collection companies without illegal operations. What attracts people's attention is that there was a major violation in the collection process of 51 credit cards last year. This will happen to a listed company, not to mention other small companies.

to put it most realistically, those collectors who can communicate with debtors in a friendly way can't achieve 1% performance. Finally, compared with the wages of illegal operations, it is also a very realistic thing to leave or go along with it, which is also caused by the big environment.

First of all, it is certain that as long as the third-party debt collection company entrusted by banks and online lending institutions has legal procedures and the means of debt collection is 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 business process. For example, violent debt collection, telephone harassment, even door-to-door painting, writing big characters and other ways of debt collection are illegal and belong to the category of violent debt collection. In reality, most debt collection companies help to collect debts without getting the corresponding legal procedures, and ask for some money from the parties, which is illegal.

As we enter the credit society, people can get some loans through their own credit records and pledges, and collection companies are specifically responsible for helping individuals or enterprises to collect debts. Because many creditors are unable to collect debts like debtors, they will entrust their 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 5% of debts. In other words, the debt collection company will get a reward of 5 thousand if the debt of 1 million is to be returned.

Then, under the temptation of high income, many debt collection companies have started various forms of bad collection, such as violence, coercion, telephone bombing and other methods.

My advice to you is, if you encounter a related debt collection company's door-to-door or violent debt collection, remember to keep the evidence, because some debt collection companies have been 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, 51 Credit Card was investigated for collection problems, and its share price plummeted by 6% at most. The reason for the investigation was that the borrower had a serious accident due to the use of violent collection by its cooperative collection company. In view of the seriousness of the accident, the founder of 51 Credit Card also came out to apologize, publicly apologized to the problems caused by the collection company that did not manage well, and publicly investigated a listed company without fear of influence, indicating that the violent collection problem caused by the collection company has now become a regulatory issue. Is it legal for banks and online lending institutions to entrust a third-party collection company to collect money?

Whether it is legal for banks and online lending institutions to entrust a third-party collection company for collection, I think we should look at it separately: (1) If banks and online lending institutions sell assets to collection companies for collection, this is actually illegal, and collection companies generally do not have 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, this is actually legal, and it is a commercial act, not a financial act. However, even if banks and online lending institutions entrust a third-party collection company to collect overdue assets, it is legal, but the collection company uses violence to collect, such as intimidation and extortion, and banks and online lending institutions are also responsible for poor training and insufficient supervision.

So no matter whether the online loan and the bank entrust a third-party collection company to be 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 the violent collection. In addition, violent collection is considered to be an important part of the crackdown. In addition, many companies have been banned or investigated recently because of the problem of violent collection, so if we encounter violent collection, we will report to the local public security bureau decisively. Violent collection includes intimidation, threats, personal injury and so on.