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What happened to Shenzhen Hengchang?

Shenzhen Hengchang has been closed. Because this company is an illegal company, it involves various issues such as routine loans, violence, loan sharking, etc. For the company that claims to have no guarantee and unsecured interest during its operation, the first thing is to disburse money quickly, take advantage of the victim's urgent need for money, ask the borrower to provide relevant personal information, and extract the customer's address book, and intentionally conceal relevant information when signing the contract. If the service fee is overdue, the borrower will be threatened with phone calls and debt collection.