It is fraud, and there are many frauds in the name of online fake small loan companies. Note that all credit card, financing and loan businesses handled in different places and based on the Internet platform are basically scams, especially those that charge pre-loan fees such as material fees, security deposits and personal insurance premiums. The main characteristics of fraud are: publishing information and signing contracts in the name of the company, but charging fees in the name of individuals (so-called legal persons, managers and financial leaders).

Reference:/question/681360788580442652.html