Is it legal to collect money at home?

Short message collection: By sending short messages to borrowers, the purpose of collection can be achieved with the lowest cost. Most of them are edited and distributed to borrowers in batches.

Telephone collection: Telephone collection is the most direct collection method at present, and it is also a low-cost way for the collection personnel to communicate with the debtor about repayment by telephone. Collectors communicate by telephone to avoid artificial pressure and embarrassment and reduce direct conflict, but the effect varies from person to person.

Foreign visit collection: when the telephone collection fails, it will be supplemented by reasonable and legal on-site foreign visits. Foreign visit collection is a very direct and effective collection method, which is adopted by many banks and microfinance institutions.

Entrusted collection: entrust the non-performing loan project to a qualified third-party collection company for collection. It can save the manpower and material resources of the entrusting unit and better recover the arrears with the help of professional third-party institutions, but the cost is higher.

Online auction: under the conditions permitted by laws and regulations, the debtor's assets, such as houses, cars, creditor's rights, etc. Make products suitable for retail investors and auction them online, which can return overdue funds more quickly.

Litigation collection: that is, filing a lawsuit with the court for collection, including civil litigation and criminal litigation. The people who owe money in litigation are mainly borrowers who have the ability to repay, but they don't.