Black online lending is a kind of illegal lending, with extremely high interest rate, serious beheading, accompanied by bait and other means, and it is a kind of gray online lending.

The introduction and marketing of this kind of black online loan is very attractive, with high quota, fast loan, simple operation procedures such as mobile phone number and overwhelming introduction.

There is also a kind of online loan lender who can't see the interest rate of online loan when applying, and can't see whether to charge beheading interest. When it shows that the loan is being paid or the loan funds have been paid, it will show the actual number of loans that have been paid and will be returned. There is an unwritten rule in the online lending industry that once a loan is made to the lender's bank card, no matter how much it is, it cannot be revoked.

This is also the place where black online loans are deceiving. This kind of loan is also called conventional loan. And this kind of loan makes most lenders unable to pay in the short term and fall into debt crisis.