Beware of medical loan scams

If medical beauty projects are synonymous with huge profits, then medical beauty installments are shrouded in the shadow of violence.

Writing|Unexpected

Production|Consumer Finance Channel

Conventional loans have been banned repeatedly.

Before Ms. Zhou expressed her intention for a loan, the staff called a man from the door. The man asked Ms. Zhou to provide him with her ID card and bank card on the pretext of checking credit information, and then asked Ms. Zhou to read it again according to the words on her mobile phone. When Ms. Zhou completed these operations, the staff told her that the loan had been completed.

The total loan amount is 32,000 yuan, which is repaid in 24 installments, with a monthly repayment of 1,776.67 yuan. This means that Ms. Zhou needs to repay a total of 42,640.08 yuan, with an interest of more than 10,000 yuan.

And the loan was not transferred to Ms. Zhou’s account, but directly to the plastic surgery agency.

There are also some female college students who have the same experience as Ms. Zhou. According to reports, a female college student received a “free” rhinoplasty surgery at Wuhan Yuemei Medical Institution through a friend’s introduction. However, the prerequisite for free plastic surgery is to advance the cost through the loan platform. Later, the institution promised to help the college student repay the loan amount every month by making him an ambassador.

But this female college student only received the first month’s refund, and the organization behind her did not give any reply. The deceased female college student was unable to repay the loan, resulting in an overdue loan of more than 20,000 yuan and a total interest of more than 30,000 yuan.

In 2017, the former China Banking Regulatory Commission, the Ministry of Education, and the Ministry of Human Resources jointly issued the "Notice on Further Strengthening the Standardized Management of Campus Loans" (hereinafter referred to as the "Notice"), requiring any online loan institution not to issue loans to college students. loan. However, some medical and aesthetic institutions are using various means such as free services, recruitment, and cash rebates as bait, trying to trick inexperienced students into taking out installment loans.

Data from the "2020 China Medical Beauty Industry Insights White Paper" shows that there are approximately 13,000 institutions with medical beauty qualifications across the country, and only 12 industries are legally engaged in medical beauty projects.

In recent years, medical aesthetic disputes have shown an obvious upward trend. Data from the "White Paper on Civil Trials of Medical Cosmetic Dispute Cases by the People's Court of Chaoyang District, Beijing" (2016-2020) shows that the proportion of medical cosmetology disputes accepted by the Chaoyang District Court during the same period has increased year by year, from 10.8 in 2016 to 27.0.

The Siming District Court of Xiamen City counted the medical aesthetic cases accepted in the past four years and found that from January 2017 to May 2021, *** accepted 98 cases involving medical aesthetic institutions. The overall trend is increasing year by year.

Regulating beauty loans from the capital chain

In recent years, regulatory agencies have also vigorously investigated and dealt with illegal routine loans in the medical beauty industry. Recently, some media reported that the Shanghai Stock Exchange and Shenzhen Stock Exchange required that "medical beauty installment loans" be prohibited from entering the underlying assets of newly listed consumer financial asset securitization (ABS) products into the pool.

Although only newly listed ABS are required to meet the requirements, there are currently only 15 consumer finance companies that have obtained ABS. However, this news has released an important signal. Regulators attach great importance to the medical beauty installment market and are ready to regulate the market directly from the capital chain.

Recently, the China Plastic Surgery Association also published a white list of medical and beauty financial service institutions in response to the chaos in the "black installment" and "black household loans" industries. Among them, installment, Duxiaoman Financial, and Yunyihua are on the list. .

It can be seen from the Black Cat Complaint Platform that although Qianqian is a formal loan platform, medical beauty loans have always been complained about. There were 571 related complaints on the platform, most of which were related to medical beauty projects. Complaints focus on high interest rates and induced loans for college students. That is to say, the management of installment payments in medical beauty loans should be strengthened. In contrast, Yunyihua has much fewer complaints on the platform, and they are all focused on random collection guarantees. Xiaoman Financial, a financial company under Baidu, is involved in education loans and beauty loans.

Complaints about Black Cat, that is, the installment situation

After getting wind of the regulatory authorities, most consumer finance companies have terminated their cooperation with medical beauty companies.

Some companies

The "2020 Medical Beauty Industry White Paper" shows that the proportion of medical beauty consumers under the age of 25 on the SoYoung platform will exceed 54% in 2020. It can be seen that the audience in China who needs medical beauty is getting younger and younger. For people who need plastic surgery but are shy about cysts, the installment loan recommended by plastic surgery institutions is undoubtedly their best choice.

There is still a long way to go to ensure the legitimate rights and interests of this group of young people and allow the medical beauty market to develop in a regulated and orderly manner. Related Q&A: Related Q&A: How deep is the inside story of second-hand car installment finance?

Don’t think of everything as too beautiful. Likewise, don’t think of everything as too dark.

Second-hand car installment finance depends on what kind of company you are looking for. If it is an irregular small company, there is indeed a certain risk, but it is no wonder that other people have chosen their own path, and they will be fooled. Most people who are deceived are caused by their own greed, so as long as you have a correct mentality and don't have the idea of ??"let me take advantage of everything in the world", the probability of being deceived will be greatly reduced.

I have bought three cars, two of which were purchased through installment finance, but both were from regular companies. The first car was purchased from a bank, and the second car was purchased from the manufacturer’s own finance company. No issues whatsoever.

Some people think that financial companies have high interest rates. This should be looked at objectively. If you don’t want to pay interest, you can buy a car in full. Although you will pay a certain amount of interest in installments, it can save you from paying a lump sum. It is relatively easy to pay a large sum of money in installments. In addition, for businessmen, the funds can be used for business turnover. In this case, the interest will be well spent.

I don’t know what you mean by insider information? According to my understanding, it should mean "routine", so let me tell you: as long as you are looking for a bank or formal financial institution, there is no so-called inside story or routine. As for interest, everyone does business for profit, and no one will lend you money in vain, right? If you really think it’s not cost-effective, don’t do car finance and buy it with full payment for peace of mind.

Xiangyue Car Talk Bar shares the latest car information, talks about world car culture, exchanges experience in driving and maintaining cars, and makes friends with cars, so stay tuned!

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