How terrible is the exposure of the new fraud "7 14 anti-aircraft gun"?

Since the beginning of loan rectification, the special action of "routine loan" has achieved remarkable results. Many small partners know that "routing loans" are untouchable. But many friends don't know what usury is and what routine loan is. In the end, they got caught up in it and realized that they were in a mud pit. Today, let's take a look at what is the 7 14 anti-aircraft gun loan?

7 14= "routine loan"?

Usury refers to a loan with super high interest rate. "Routine loan" is an illegal and criminal activity to defraud people's money in the name of lending. However, the 7 14 routine loan found now is also the same. Of course, although there are many similarities with usury, they are not the same. What's the difference between them? Usury is usury, and conventional loans are beheading and overdue fees.

What is 7 14?

"7 14 anti-aircraft gun" mainly refers to those high-interest online loans with a term of 7 days or 14 days, including high "beheading interest" and "overdue fee". Basically, 90% of 7 14 antiaircraft guns take 7 days as the cycle, and the annualized interest rate basically exceeds 1500%. There is fraud behind these terrible data. Bright fraud, but countless people have been cheated. "Don't go to the credit, ignore the black households", which seems convenient and fast, but in fact there is abnormally high interest.

What kind of people are most gullible?

Behind this 7 14 are some masters who know how to grasp the weaknesses of young people in this era. Because these 7 14 spending power are all young people who exceed the income level. After borrowing money for a period of time, troubles such as violent collection immediately come to you, and many people even go bankrupt and live in fear all day long. It is understood that short-term loans owed to some online lending platforms will receive death threats and other forms of intimidation from the staff of debt collection companies.