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Ant Finance was incredibly "predatory" in how it was issuing high interest loans to poor people, at least in the CCP perception. They do not allow such things.
by H8crilA 6y ago
Ant Finance was incredibly "predatory" in how it was issuing high interest loans to poor people, at least in the CCP perception. They do not allow such things. It's that simple, it's detest for "payday loans".
- karmasimida 6y agoAnt Finance can't take the profit and offload the risk to the bank system. That is not how finance works in any country
- H8crilA 6y agoOh boy, you're in for a ride, read about fannie and freddie and the ownership society :). Student debt has exactly the same underwriting, all handled by the government.