What is the routine?
Private lending illusion
Solicit business in the name of "small loan company", sign loan contracts, and defraud borrowers to sign contracts in various names such as "liquidated damages" and "deposit".
Rules? The money borrowed does not match the money written on the debit note.
When Mr. Li (pseudonym) borrowed money, he wanted to borrow tens of thousands of dollars, but the borrower said, "You should write more money on the loan slip, and the loan amount is the same as that written on your loan slip. Don't be afraid of being cheated. This is the rule! " In the end, although Mr. Li received a transfer of 654.38 million yuan, it was not long before he was taken away by the other party as a handling fee and deposit. In the case of inability to repay, Mr. Li was set up step by step!
Pay off old debts with new debts.
When the borrower is unable to repay the loan, the loan company will introduce other fake "small loan companies" or individuals, or "play" other companies to sign new "fake loan contracts" with the victims to "settle accounts".
Deceive real estate by violent means
Step by step, if there is no money to pay back? Well, splash paint at home, follow the borrower all the way, etc ... After many people cheated, they only borrowed tens of thousands of dollars, and finally snowballed into millions, even losing all their property at home.
Give you some advice:
Avoid usury: the interest rate is several times higher than that of banks, and cash is "discounted". Be careful when you see all kinds of overlord clauses. Don't borrow too much: don't borrow too much, don't exceed your ability.
Collect loan evidence and information: only in this way can we not be passive in litigation. In case of urgent need for money, but the amount is not large, I suggest you borrow it from friends and relatives. Small loans generally have higher interest rates, and friends with poor repayment ability had better not borrow them.