Have you ever received a phone call like this: "Unsecured, uncollateralized, low-interest loans, easily solve financial difficulties"? Does it sound tempting? But did you know that there might be a huge trap hidden behind it? Today, Semi-Awakened Diary will take you to lift the mysterious veil of loan black intermediaries and teach you how to distinguish these "black-hearted" intermediaries to avoid falling into their traps.

Common tricks of loan black intermediaries

The tricks of loan black intermediaries are all kinds of tricks, but in the final analysis, they are nothing more than taking advantage of the borrower's urgent need for funds and defrauding high fees through various means. Here are some common tricks:

Impersonating regular institutions: Black intermediaries often impersonate banks or regular financial institutions, using "unsecured, uncollateralized, low-interest loans" as bait to attract borrowers. Once they come into contact with borrowers, they will demand high service fees in various names.

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False propaganda: Black intermediaries will publish false information through telephone, advertisements, the internet, and other channels, claiming that they can "whiten credit" and "unconditionally release funds". These promotions seem tempting, but in fact, they are all scams.

High fees: Once the borrower agrees to the loan, the black intermediary will demand the borrower to pay a basic fee in advance in the name of "deposit", "unfreezing fee", etc. These fees are often non-refundable.

Contract traps: Black intermediaries will set up various traps in the contract, and once the borrower signs the contract, they will fall into the quagmire of high interest and fees.

How to distinguish loan black intermediaries?

1. Check the qualifications: Legitimate loan intermediaries must have relevant qualifications and business licenses. You can inquire about their qualifications on the official website of the regulatory authorities.

2. Beware of low-interest temptations: If the loan interest is too low, it may be a scam. Legitimate loan institutions will not offer interest rates that are too low.

3. Pay attention to the fees: Beware of intermediaries who charge high fees in the name of "deposit", "unfreezing fee", etc. Legitimate loan institutions will not charge such fees.

4. Beware of contract traps: Carefully read the contract terms to avoid falling into the traps set by black intermediaries.

5. Seek professional advice: If you are not sure, you can seek professional advice to avoid being deceived.To avoid falling into the trap of loan scam intermediaries, borrowers need to be vigilant and follow these steps:

Business Premises: Legitimate loan intermediaries usually have a fixed office space, which borrowers can visit to observe in person. If the intermediary only provides online contact methods such as WeChat or QQ, borrowers should be cautious. Some scam intermediaries invite borrowers to their office through phone calls to handle loans. It is essential to verify the true identity associated with the phone number calling.

Financial Qualifications: Reputable loan intermediaries often collaborate with established banks or financial institutions approved by the banking regulatory authority. They must provide proof of their own qualifications when cooperating with banks and financial institutions. Borrowers can request the intermediary to provide relevant qualification certificates to avoid being deceived.

List All Fees: Legitimate intermediaries will sign a loan brokerage service fee contract before handling the loan business for borrowers. If the intermediary asks for payment before the loan is granted, borrowers should be wary. This includes upfront fees such as packaging fees, appraisal fees, material fees, and so on. Always keep a keen eye out for forged documents when applying for loans, as this could potentially be illegal.

Review the Contract: Before signing a contract, borrowers should thoroughly understand its contents and be alert to any traps within the contract. Borrowers should also understand the important information about the loan product, fully comprehend the loan conditions, comprehensive interest and fee costs, repayment requirements, etc. Most importantly, do not trust what the loan intermediary tells you about repayment requirements. Make sure to hear it directly from the bank staff!

Real Case Sharing

To help everyone better understand the tactics of loan scam intermediaries, here is a real case shared by a semi-aware diary. Ms. Zhong, a resident of Chengdu, needed funds for home renovation and found a company that claimed to be a direct loan center of a bank. The company staff claimed no service fees, only an 8‰ risk fee. Under their guidance, Ms. Zhong processed a loan of 200,000 yuan. After the loan was disbursed, the company, citing the bank's need to check the renovation funds flow, asked Ms. Zhong to transfer 60,000 yuan to a decoration company for "accounting purposes." Ms. Zhong followed the instructions and made the transfer, but when she wanted to get back the "accounting" funds, the other party insisted it was a "service fee" and refused to return it.

If you do encounter a scam intermediary, be sure to report it as soon as possible. Only the authorities are the nemesis of scam intermediaries! Scam intermediaries are fraudsters, so it is crucial to preserve all evidence.Summary

Although loan intermediaries may employ various deceptive tactics, borrowers can effectively avoid being swindled by remaining vigilant and following the "four checks" approach. Banxing Diary reminds everyone that before taking out a loan, it is crucial to carefully verify the qualifications and fee structure of the intermediary agency to avoid falling into the trap set by unscrupulous intermediaries.