Is it illegal for consumer finance to send messages to contacts?

It is illegal for consumer finance to send messages to contacts. After the consumer finance is overdue, it is normal to expose the debtor's address book and harass your address book contacts, which is a soft violence collection and definitely a criminal act. At present, the state has cracked down on this kind of soft violence or violent collection.

The influence of consumer finance

The benefits of consumer finance are very extensive and can benefit more ordinary people. The traditional unsecured and unsecured consumer loan model for low-and middle-income groups has basically not been practiced in China, but now, consumer finance has opened the door to them.

People's loan choices are richer and more diversified. Traditional credit loans have high barriers to entry, strict examination and slow lending. Nowadays, for different groups of people such as college students and white-collar workers, as well as different needs such as shopping and tourism, various financial companies have launched highly targeted credit products, and people can choose according to their actual situation.