Many people have the demand for loans, but there is a certain threshold for loans, and not everyone can apply successfully. Moreover, the loan process of bank financial institutions is complicated, and many people think it is too much trouble, so they choose private loan companies to lend. Some scammers take advantage of users' eagerness to borrow money and engage in some fraud. Is it trustworthy to pay in advance?

First, is it trustworthy to pay first?

Liar. No matter what the loan is, as long as it is approved, there is no need to pay before cash withdrawal.

Therefore, I would like to solemnly remind you here: don't trust those who have to pay money first to withdraw cash. The consequence of paying money casually is being cheated.

There is a kind of loan called pure fraud, which is different from ordinary loans. This kind of loan will not make any payment at all, but only collect insurance premium, deposit, activation fee and service fee in the name of low-threshold loan, but never lend. As long as the borrower believes, it will continue to pay, and if the borrower questions, it will be blacked out at one time.

Second, the common routines of fraud

1. Payment is required before the next paragraph. For example, a liar will get the borrower's information, then ask the borrower to transfer money on the grounds of capital verification, get the account information, and then defraud the verification code and transfer the money to the liar's account.

2. Take personal information. This kind of loan fraud is also very common, that is, using advertisements to attract the attention of borrowers, then collecting information, packaging and selling it or contacting borrowers through information, and then defrauding money.

The above is related to the trust you have to pay before you can withdraw cash. Any loan that you want to repay before the next repayment must be very cautious and don't repay it casually, otherwise it will easily fall into the trap of a liar.