There is a piece of news on the Internet that has attracted the attention of many netizens. It is that the victim of a routine loan cried before his death and said he would die early and be released early. Some netizens asked, do you know what routines there are for online lending? The main routines are as follows.

First, use threats to force you to pay back the money.

There is nothing more than a very bad thing about online loans. First of all, the interest rate is very high. Precisely because the interest rate is very high, some people will not have the money to repay it and may be overdue.

Generally, loan companies will not let you overdue, nor will they let you fail to repay the money. How will they make you repay the money? They use threats to force you to pay back the money. How about a threatening approach? For example, call your boss, call your leader, call your family, tell them that you owe money, or even start to spread rumors about what bad things you have done outside, so that your leader may treat you badly. The impression makes your family very worried. This kind of continuous depression of your spirit forces you to pay back the money.

Second, induce you to continue borrowing money by introducing other loan companies.

The second step of online loans is that when you really want to repay the money but don’t have the money, at this time he will lure you to borrow money from other lending companies. At this time, the victim just wants to pay back the money, no matter how much it is.

So he didn’t even care whether the interest rate on this loan was high or not and he immediately borrowed the money. Only when he finally paid it off did he realize that he owed so much money.

Third, the victim is trapped in an endless cycle of loans.

This is actually the last step in online lending, trapping victims in a cycle of endless borrowing. Once the victim keeps borrowing money and paying back the money, he will eventually find that he does not owe so much money at all, and he will finally realize that he owes so much money.

Just like this victim, in the end he can only cry and say early death and early relief, so I hope everyone will not touch this online loan, because this is really a bottomless pit.