@货客，Beware of lending through APP
Once it is overdue, you may encounter violent collection, freezing of bank cards, etc.
News from our newspaper (Reporter Yang Zhaokui) Flexible borrowing and repayment, fast lending, transparent interest fees... Now, many APPs have launched lending services.
However, in a recent interview with a reporter from the Workers' Daily, it was found that although some apps claim to have a low annualized interest rate, they may charge financing fees and other fees, resulting in a not-so-low overall borrowing cost.
And once it is overdue, consumers may be charged high overdue fees or even violently collect, freeze bank cards, Alipay, etc.
"Taxi-hailing apps, social apps, travel apps, and short video apps all have loan options, plus some consumer finance apps. I feel that these apps want me to borrow money for consumption." Ms. Zhang, a Beijing consumer, told reporters. explain.
The reporter noticed that some APPs attract consumers to apply for loans by sending members and coupons.
For example, when she clicks on "Wallet" in the iQiyi APP, Ms. Zhang sees the promotion of "Free 1-month iQiyi Membership". Monthly members need to fill in their name, ID number, mobile phone number and other information to apply for a loan, and only after the "first withdrawal" can they get a member.
In addition to inducing loans, the compliance of lending business on some platforms also needs to be strengthened.
On March 13, the reporter opened the "My Wallet" option of a certain platform APP, and saw that the "Borrowing money" sub-option was at the top. and other promotional slogans.
The reporter noticed that the lending business of the platform currently only provides diversion and loan assistance services, and there are 4 cooperative platforms in total.
However, the display page does not specify the annualized interest rate of the loan, and there is a promotion of daily interest calculation.
However, according to the requirements of the regulatory authorities, all institutions engaged in loan business should clearly display the annualized interest rate to borrowers when marketing, and can also display the daily interest rate at the same time, but it should not be more obvious than the annualized interest rate.
"Some APPs are engaged in lending business as one of the ways to realize traffic, and these apps collect a lot of users' personal information, which is more conducive to promoting the lending business. However, for consumers, excessive borrowing may cause many problems, such as overdue loans. Later, they will be charged high overdue fees and even sued by the platform, resulting in the freezing of bank cards and Alipay.” Chen Yinjiang, deputy secretary-general of the Consumer Rights Protection Law Research Institute of the China Law Society, told reporters.
The reporter searched on the black cat complaint platform and found that many consumers complained about the violent collection of loan apps, and even harassed their family members and friends.
In addition, some consumers reported that some APP lending businesses charged financing fees in violation of regulations.
It is worth mentioning that some scammers counterfeit well-known platforms and launched a large number of "Li Gui" APPs to deceive consumers into borrowing loans. During this period, they charged high capital verification fees, unfreezing fees, and security deposits.