What kind of loan company is Shanghai Finance? It may be a debt collection agency. Shanghai Finance is originally a monthly magazine, but some people have recently received debt collection text messages from the name Shanghai Finance inexplicably. In summary, it may not be Not a loan company, but a third-party debt collection agency. Now let’s talk about receiving debt collection text messages.

Many people have the habit of taking out loans. For some reasons, they may not repay the debt in time. At this time, the first round of debt collection calls, text messages, or threats will begin. This should be commonplace. In this case, It’s better to repay as soon as possible. However, users who receive this kind of text message need to first find out whether they are overdue and whether the collection text message is sent to them. Because when collecting debts, it is likely that their relatives and friends are overdue, causing them to be collected, so users can ignore it or tell the other party; there are also some criminals who send phishing text messages to defraud users of funds. If it is indeed your own debt, you must face it proactively. Only by disposing of the debt can you solve the overdue collection once and for all.

It is best to communicate with family members or contact friends to raise all the debt first. You must know that if overdue debts occur, additional high interest and late fees will be incurred. This is what we call a snowball. The more it snows, the more you pay. So if it is confirmed that it is your own debt, it is best to pay it back first, but Remember to use loans to support loans, otherwise you will fall into an endless cycle.

In addition, it should be noted that the loan may have nothing to do with you, but if you act as a third-party guarantee for others, and they find you if they don't pay back the money they owe, you may have to fulfill your responsibility to assist in repayment, so don't Easily make third-party guarantees. Usually, as long as there are court prosecutions, public security agency investigations, etc. in the letter, it is basically false.

First of all, if you are really being sued, the court will notify you directly by calling your landline number, and then return the letter. Relevant prosecution documents will be mailed to you by registered mail;

Secondly, if the public security organs want to investigate you, they will come directly to you.

In general, you don’t need to panic when text messages are used to collect debts. Usually, they take advantage of your timidity to put pressure on you to repay the debt. At this time, you must pay attention to distinguish the true from the false, don’t pay too much attention to it, and work hard. Making money and paying back money is the right thing to do.