Is Wancheng debt collection legal?

Wancheng collection is formal and legal. Credit card collection refers to the recourse behavior of banks or financial institutions against cardholders for overdue repayment. According to relevant laws and regulations, financial institutions have the right to recover overdue loans or credit card debts from cardholders. However, collection activities need to comply with relevant laws, regulations and ethics, and no illegal means or malicious infringement of cardholders can be used. As a joint professional collection company approved and registered by the industrial and commercial administration department, Wancheng Financial's credit card collection services are legal, and the company must comply with relevant laws, regulations and industry norms during the collection process. Wancheng Financial Credit Card Collection Company is a joint professional collection company approved and registered by the industrial and commercial administration department. It mainly provides follow-up collection of overdue credit card payments, outsourced collection services, legal litigation services and outsourced collection services.