Chinese lending firms use naked pictures as collateral

[Deleted member 429137]

http://indiatoday.intoday.in/story/chinese-firms-use-nudes-as-collateral-loans/1/692273.html

All You Need To Know About Nude Loans

1. JD Capitals Jiedaibao is a platform for individuals to loan and lend which is especially popular between friends and acquaintances.
2. They often ask female students to pose naked with their ID and use these photos as collateral in their practice.
3. If a student defaults on the loan, the loaners will threaten to show the nude photos to her family and friends.
4. In exchange, the students who agree to send nude photos can have a higher loan amount, ranging from two to five times as much, state-run Beijing Youth Daily reported.
5. However, the loan interest rate can be as high as 30 per cent a week.

Not surprisingly, sexual services are demanded in lieu of payment.

 

[Chesten_Hesten]

Must see pics of said Collateral:

 

[7437]

sounds about right for china

 

[Rex Kwon Do]

I can't wait until the UFC is finally sold to the Chinese! Mean old Dana White and the Frittata Brothers have been abusing the fighters for too long. Thank god the ever scrupulous Chinese elites are going to clean things up and finally give the fighters the respect and dignity they deserve.

 

[Lead]

Did no one else think about Nathan for you when they read this? Shame...

 

[IDL]

The mafia has gone legit

 

[j123]

lifetime ban for posting article about explicit pics... without said pics

 

[no fat chicks]

I am currently applying to be their ID photographer

 

[Was Exiled]

Did no one else think about Nathan for you when they read this? Shame...

It's just missing the giant hotdog costume and recording of an anti semitic rant

 

[uncommon]

is the procedure 100% private/automated until the payments are missed?

 

[Rod1]

is the procedure 100% private/automated until the payments are missed?

LOL, its China, probably going to use them to extortion you after you pay anyway.

 

[Poser Caust]

I can't wait until the UFC is finally sold to the Chinese! Mean old Dana White and the Frittata Brothers have been abusing the fighters for too long. Thank god the ever scrupulous Chinese elites are going to clean things up and finally give the fighters the respect and dignity they deserve.

It could certainly change how contract negotiations take place....

 

[Cubo de Sangre]

OP could have included the pic from the article.

Can't believe I never thought of this.

 

[klnOmega]

If you aren't worried about nudity, couldn't you just take the max loan amount, then default?

 

[nostradumbass]

Why the hell would the chicks' families want copies of the pics? Effing China, man.

 

[Deleted member 429137]

OP could have included the pic from the article.

lifetime ban for posting article about explicit pics... without said pics

Who suffers from this kind of desperate porn-withdrawal on the internet? Here, here's an ASCII titty-fucking money shot so you can get through this post

Spoiler

( . )( . ) ~~~~~d=====8

 

[j123]

Who suffers from this kind of desperate porn-withdrawal on the internet? Here, here's an ASCII titty-fucking money shot so you can get through this post

Spoiler

( . )( . ) ~~~~~d=====8

This is Sherdog, despite our 10/10 aesthetics and smashing Boise dimes 3-5 times daily, we need our daily dosages of PICS.

 

[Cubo de Sangre]

Who suffers from this kind of desperate porn-withdrawal on the internet? Here, here's an ASCII titty-fucking money shot so you can get through this post

Spoiler

( . )( . ) ~~~~~d=====8

It's context bro. Your post is about naked chicks taking pics.

By the way, your spoiler sux.

 

[Deleted member 429137]

By the way, your spoiler sux.

I jerked off to it just fine. If you didn't blunt your ability to be aroused with constant porn you wouldn't have this problem.

 

[Cubo de Sangre]

I jerked off to it just fine.