First, the characteristics of unsecured loan trap
1. False lending institutions will choose to post small advertisements or send text messages for publicity. If they believe the content of small advertisements or short messages, they will be one step closer to the trap.
2. The loan threshold is low, the loan interest rate is low, and the lending speed is fast. This is the usual means of informal lending institutions, and some even slogan to attract customers, such as interest-free loans on the same day. Don't trust it.
3. Some lending institutions will charge the borrower in advance on the pretext of loan interest, loan deposit and early payment of handling fees, which is deceptive, because formal institutions will not charge before lending.
4. There is no fixed business place, and contact with the borrower mostly depends on telephone or internet, and there is no business license.
It claims that it can accept loan applications from any province and city in China.
Two. Precautions for unsecured loans
1. Is the loan interest rate extremely low?
If the borrower encounters low loan interest rate when handling unsecured loans, please be careful. Nowadays, many fraud groups are tempted to be fooled by the fact that the loan interest rate is lower than the mortgage interest rate or lower than the bank loan interest rate.
2. Is the contact information simple?
The regularity of unsecured loans can also be seen from the contact information. The contact information exposed by informal lending institutions is generally too simple, usually leaving only QQ and other contact information, without leaving a specific address and landline number.
3. Is there a charge before the loan?
If the lender needs the borrower to pay the loan fee when the unsecured loan has not been successfully handled, the lender can make a detour. These institutions are generally informal lending institutions.
4. Is capital verification an excuse?
If the lending institution requires capital verification, it requires the borrower to apply for a bank card, write down the contact information of others, and deposit money in it, saying that the loan can only be released after capital verification. Once this happens, it should be a fraud group.
5. Do you only do local business?
The unsecured loan business of formal loan companies is only conducted in the same city and will not accept business from other cities. If the loan company you choose does not meet this requirement, then you must be a liar.