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Are the third-party loans recommended by Paipaidai reliable?

Unreliable. Paipaidai is a financial technology company founded in Shanghai in 2007 and successfully listed on the New York Stock Exchange on November 10, 2017. It is a formal financial lending company, but the third-party loans recommended by Paipaidai are not It is unreliable and requires users to pay a deposit before they can get a loan. However, those who pay the deposit before the loan are irregular companies and are suspected of fraud.