Mode 1: car loan
Automobile loan is a common "routine loan" mode. Some routine loan gangs and unqualified microfinance companies trick borrowers into using their own vehicles as collateral by publishing advertisements such as "quick loan review", "unsecured" and "convenient and quick". In the process of signing the loan contract, the borrower is induced to accept the installation of GPS positioning device on the vehicle. In case of default, the small loan company can dispose of the vehicle at will, which violates the harsh terms of common sense, and sign the corresponding vehicle pledge agreement, vehicle disposal power of attorney and other legal documents. Subsequently, the borrower was found to be in breach of contract without authorization, and the borrower's vehicle was forcibly detained or driven away by the borrower's spare key stored in the company, and high towing fee, parking fee and liquidated damages were demanded from the borrower in order to obtain illegal benefits. Without paying the above fees, the borrower even sold the victim's vehicle without authorization to obtain illegal benefits.
Mode 2: mortgage loan
In the mode of mortgage, they choose the object with real estate under the guise of "private lending", create the illusion of private lending by signing a loan contract with the borrower, and defraud the victim to sign false loan contracts, real estate mortgage contracts and other legal documents that are obviously unfavorable to the victim in the name of "liquidated damages" and "deposit". At the same time, take the borrower to the notary office, authorize the lender to rent, manage and consult the files of the house, and provide legal basis for litigation with the borrower in the future. When borrowing money, a large sum of money is remitted to the victim's account in the name of running water, and then the borrower is required to return it in cash in the name of "deposit", "agency fee" and "service fee". The money that the borrower finally gets is far from running water. On the repayment date, they ask the borrower for a high loan in the name of the borrower's breach of contract. If the borrower does not pay back, they will bring a lawsuit to the court.
Mode 3: Credit loan
Credit loans, that is, without providing any collateral, are secured by the borrower's credit. In the case of "routine loan", this model is more confusing, which makes borrowers mistakenly think that they can borrow money easily, thus relaxing their vigilance. But in fact, they will deduct relevant expenses in the name of withholding interest and collecting handling fees, and the amount actually obtained by the borrower is far lower than the amount agreed in the signed loan contract. After that, they will use both hard and soft methods to collect debts from borrowers according to the loan amount agreed in the contract. If the borrower is unable to repay the loan, it will trick the borrower into borrowing the new and returning the old through the way of changing the single household to the flat household, and the debt will be high.