Loan outsourcing companies are afraid of people who know the law. First of all, it should be clear that many collection methods are illegal now. The state has issued three documents prohibiting some means of collection agencies, and a long time ago, the relevant legal provisions clearly stipulated that lending institutions and entrusted third-party collection agencies should not use harassment, violence and other means to collect money, and threats, extortion and other acts are illegal.

Advantages and disadvantages of loan intermediary

The loan intermediary cooperates with all banks, understands the policies and loans of banks in the market, and can quickly match the bank loan products suitable for them according to the information of customers. Many loan intermediary companies, including loan business, charge fees indiscriminately, which leads customers to charge huge service fees without knowing or being fooled, causing huge losses to individuals or companies.