Beauty loan is a group of specialized criminal gangs, which hire female employees with high salaries and then lure them to have plastic surgery. Because of their limited economic capacity, they let cooperative lending institutions or online lending platforms sign loan contracts and undertake huge loans. This kind of online loan is obviously fraudulent, and many people may fall into the routine and be easily cheated, resulting in huge losses of property. What is the above? It is related to beautiful loans.

What are the consequences of online lending?

What are the consequences of online lending? It depends on the platform on which it was borrowed. If it is a pledged loan, it will directly freeze the property pledged by the lender, and it is also applicable to laws and regulations. There are often news reports on the Internet that some riders were taken away by online loan companies without knowing it. If it is an unsecured loan, if it is a formal trading platform, it will generally be a telephone dunning, followed by a door-to-door dunning. At the same time, overdue records will be uploaded to the credit information platform, which will affect future mortgage, car loan and even other aspects. If it is an informal platform, it is often accompanied by very high loan interest. After the deadline, users may not receive credit information, but these platforms will use some shady methods to collect money. The previous campus loans and naked loans are all bloody examples. This article mainly writes what is beauty loan, and the content is for reference only.