久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Top regulator warns of predatory online lending programs

By Jiang Xueqing | chinadaily.com.cn | Updated: 2020-12-29 21:41
Share
Share - WeChat
[Photo/VCG]

China's top banking and insurance regulator warned consumers of the risks and traps associated with excessive borrowing via online lending platforms on Tuesday.

To acquire a large number of clients, some online lending platforms are over marketing to consumers loans and certain types of financial products, which are similar to credit cards, through various types of scenarios for online consumption.

The China Banking and Insurance Regulatory Commission said some of these platforms put unbalanced stress on the advantages of such financial products, including low daily lending rates and interest-free periods. However, although some platforms claimed that they offer lending products at "zero interest rates", they actually charge service fees and late payment fees. As a result, the comprehensive annualized interest rates of these kinds of products may be really high.

By deliberately confusing "zero interest rates" with the real cost of borrowing through marketing, these online lending platforms are misleading consumers and infringing on their right to know, the regulator said in a risk warning notice on its website.

Some platforms propagated the idea of ahead-of-time consumption, which induced a lack of consumption restraint, especially among people lacking financial literacy and young people without a stable income.

Some platforms even overlent to minors, students and low-income groups, and engaged in abusive debt collection practices, which caused a series of family and social problems, the commission said.

"In my opinion, a consumer loan targeting college students is a poison. Some merchants and financial institutions spare no effort to encourage young people to spend lavishly — wearing brand-name clothes and inviting their friends for dinner at a nice restaurant — although their parents do not make much money. It is wrong to stimulate irrational consumption that they cannot afford," Liu Kegu, academic advising team leader for the inclusive finance commission at the China Association for the Promotion of Development Financing, said earlier.

The commission urged consumers to assess their own loan affordability correctly, avoid borrowing too much, and prevent excessive reliance on borrowing for consumption. Consumers also should have a good knowledge of the online lending products they applied for, the regulator said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲综合久久久久久中文字幕 | 久久精品国产免费观看99 | 交性视频免费看 | 4438全国最大成人网视频 | 国产日韩一区二区三区 | 久久免费精品国产72精品剧情 | 亚洲成人免费网站 | 精品在线视频观看 | 波多野结衣3女同在线观看 波多野结衣aⅴ在线 | 久久久久性 | 韩国美女一级毛片 | 欧美在线一区视频 | 欧美日韩一区二区视频免费看 | 成在线人视频免费视频 | 一区二区精品在线 | 国产亚洲毛片在线 | 色婷婷色综合激情国产日韩 | 免费 欧美 自拍 在线观看 | 久久久久久久综合色一本 | 97精品国产91久久久久久 | 欧美一级毛片无遮挡 | 国产日比视频 | 亚洲国产精品大秀在线播放 | 成人午夜在线 | 91精品久久一区二区三区 | 欧美日韩国产亚洲综合不卡 | 国产成人午夜极速观看 | 日韩av线上 | 亚洲社区在线 | 国产欧美精品综合一区 | 欧美日韩一区二区在线视频 | 亚洲网在线观看 | 日韩欧美一二区 | 99热久久精品国产 | 久草在线免费福利视频 | 久久99热久久精品91 | 国产成人a在一区线观看高清 | 亚洲最大激情中文字幕 | 怡红院日本一道日本久久 | 精品国产免费人成在线观看 | 国产夫妻视频 |