Is Shanghai Hongsheng Credit Co., Ltd. a fraud company?

This must be a lie. How can I borrow money from others and pay the handling fee and guarantee fee? This is a serious violation of common sense … what lenders value is your credibility and ability to pay, as well as your ability to obtain loans and mortgages … what they value is interest rate …

If you want to borrow money from normal private lending institutions (pawn shops), you need physical or real estate mortgage. Some borrowers will deduct interest before paying your loan amount ... they will never charge formalities or guarantee fees. ...

It is recommended to ask for a refund immediately or call the police. ...