What are the main third-party debt collection means of private lending in China? What are the characteristics?

China's private lending third-party debt collection mainly includes telephone collection, letter collection and summons collection, while China's private lending third-party debt collection market mainly presents the following characteristics:

(1) When private lenders collect debts, they often choose underworld means or rogue means. Named after "violent collection", there are not only aggressive behaviors such as physical contact, but also soft violence such as threatening images, language and abuse by means of WeChat. With the increasing difficulty of collection, the violence of collection means will also show a step-by-step upward trend, which will lead to the continuous expansion of harm.

(2) With the increasing degree of organization, private loan debt collection has developed into a semi-underground and underground industry. Large financial institutions will set up professional asset management companies to deal with overdue debts, and some medium-sized financial institutions often dispose of various non-performing assets by outsourcing. Among them, the collection business caused by credit card bad debts is the most typical. In addition, there are many non-performing assets caused by private lending disputes. There are also differences in the nature of debt disputes caused by private lending. If you don't want high-quality assets, you will often solve them through legal means and formal channels. On the contrary, you will ask the third party for help, which is responsible for urging. Recovering this special asset will face high risks and great difficulties, so unconventional means and professional technology are needed. The emergence of many third-party professional organizations may lead to corresponding industries. Because debt collection companies do not have legitimacy in China, such professional institutions mostly correspond to semi-underground and underground situations.

(3) Gambling faces the highest risk of collecting money, and the probability of being involved in black business is the most significant. In the field of private finance, there are relatively many ways to make money. Although some individuals mainly engaged in private lending are responsible for most of the business, debt collection as post-lending management will face great risks, so business contacts will be formed through the establishment of companies and institutions. Compared with the interest rate ceiling of private lending protected by law, its interest rate is obviously high, and it is a typical usury. Naturally, faced with a higher default rate, it is necessary to carry out collection activities in a professional way, forming the most typical blackening tendency.

(4) In order to ensure the sustainable development of organizations and seek legitimacy, collection organizations are becoming more and more standardized. As a professional collection agency, if it still completes its business by violent means, it may bear corresponding risks because it violates the legal bottom line, and it is difficult to achieve the goal of sustainable development. Therefore, such institutions have also made many attempts in transformation in order to make the collection behavior more standardized within the scope of law. Due to the continuous development of information technology, combined with various information means, professional collection agencies can obtain relevant debtor information through legal channels, and the possibility of violent use will be reduced due to strong information investigation capabilities, and the business volume related to violent collection will continue to decline.