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Can small loan companies and banks jointly lend across regions?

Small loans named after a region are absolutely not allowed to lend across regions. This is stipulated by national law. Therefore, any loan named after a city such as Shanghai, Beijing, Shenzhen, Ningbo, etc., claims that it can Cross-regional lending is a 100% scam!

A very simple truth, if it is possible to lend across regions, and lenders can lend money with just one ID card, how many such companies will go bankrupt across the country!

Don’t believe it, it’s all a scam!