The so-called "rental loan" means that tenants sign loan contracts with financial institutions that cooperate with long-term rental apartment enterprises. Generally, the financial institution pays the annual rent for the tenant, and the tenant pays off the rental loan to the financial institution on a monthly basis, and the corresponding loan interest is generally paid by the long-term rental apartment enterprise.

The rent loan model seems convenient, but the tenant bears the risk that the loan funds are misappropriated by the service provider without knowing it. Some service providers promise tenants "one for one". Compared with the common "one for three" or "one for six", "one for one" is more attractive to tenants.

However, in practice, the service provider handled the "rent loan" service for the tenant without the tenant's knowledge or adequate risk warning, which was deceptive and fraudulent.

Extended data

Both the tenant and the landlord have the risk of losing money, and it is easy to produce a lease contract. Once the long-term rental apartment intermediary service provider's capital chain is broken, closed down or maliciously runs away, the tenant will lose the deposit and prepaid rent, and the rent loss that the landlord has not received will be borne by the landlord himself or the tenant.

At the same time, the lessee still needs to continue to pay the loan principal and interest to the lending institution. The tenant paid the rent, but the landlord couldn't collect it. The tenant asked to continue renting, and the landlord asked the tenant to check out. It is very easy for both parties to continue to perform the lease contract.

Tenants were not clearly aware of this risk when signing the house lease contract and handling the "rent loan", and service providers failed to fulfill their obligation to inform in order to develop their business and expand their scale.