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Is Shenzhen Zhongyuan Microfinance Company true? He must pay 800 yuan insurance premium for this loan.
This is fraud.

Many Gui Li fake online guarantees and cheat in the name of small loan companies. Publishing information in the name of the company, signing contracts, using personal bank accounts (so-called legal persons, managers, financial leaders) as accounts for collection and charging, or verifying the financial strength (repayment ability) are important features of this kind of fraud.