Is it true that Shang Hu Cloud Loan cheated people?

No, according to the registration information of the administrative department for industry and commerce, Shang Hu Yundai is a financial company registered in the administrative department for industry and commerce, and its business feedback includes issuing loans. It is a formal company protected by the official website authentication law, so Shang Hu Yundai does not lend money to deceive people. Shanghai Shang Hu Yundai Co., Ltd. was established on June 5, 2009.