Is it legal for online loan outsourcing third-party collection company? Don't be afraid of violent collection!

With the development of Internet finance in recent years, violent collection of online loans has become an unavoidable topic. I believe that many people who have been exposed to online loans should have faced collection. Nowadays, most of the collection methods are telephone bombing and address book explosion. You may have a good attitude at first, but after a long time, the situation becomes serious. In fact, it is the online loan company that outsources the debt to a professional collection company. Their only purpose is to let you repay the loan as soon as possible, and the means will be "violent". So is it legal to outsource a third-party collection company? The collection formula is also called debt collection company, which is not only used by private lending institutions, but also outsourced by many bank financial institutions to these companies, because their main job is to help financial companies deal with the corresponding overdue debts. So it is legal for a third party to take over the company. Of course, the premise is that the collection method is not illegal. After all, their purpose is to recover overdue debts as soon as possible, and it is best to ensure that they are fully recovered, rather than destroying your family. Not all bad debts and bad debts will be collected by the collection company. When signing a contract with a financial institution, it will be graded according to overdue time, overdue amount, overdue times and credit information. The more difficult the commission is, the higher the commission is, and it is relatively easier to collect the commission that has just expired and the amount is relatively small. The collection commission generally ranges from 5% to 50% of the collection amount, and some higher can reach 80%. Driven by high profits, some illegal collection companies will use threats, insults and violent collection methods. Then, in this case, it may not be authorized by the online loan company. You can keep relevant evidence, directly contact the customer service of online lending institutions, and negotiate with them to formulate a reasonable repayment plan. Otherwise, it may be better to complain to the CBRC and other departments. After all, online lending institutions are actually afraid of complaints now, and it is of course the best to repay as soon as possible.