Current location - Trademark Inquiry Complete Network - Overdue credit card - If you have a specific address, is it legal for a credit union to use announcements to collect money?
If you have a specific address, is it legal for a credit union to use announcements to collect money?

Announcement collection is legal

Announcement collection refers to a collection method in which the creditor discloses the fact that the debtor owes money through the media and requires the debtor to perform its repayment obligations. Creditors entrust law firms to send collection information and use secret news media to publish collection announcements. This is to expand their influence and urge the debtor to repay the debt. It will not have a negative impact and is not illegal.