To Secure Loans, Chinese Women Supply Perilous Collateral: Nude Photos
over 1 year ago
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"The phenomenon, which the Beijing Youth Daily said was taking place on a popular online peer-to-peer lender called Jiedaibao, is provoking alarm and sympathy on social media. It has also led to calls for women to protect themselves from predators who are reportedly blackmailing them with the nude photographs, sometimes demanding sexual services when the women cannot repay at interest rates that can be as high as 30 percent a week."
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