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The scary part is that the cost is constantly increasing, and the interest will continue to increase, which will bring more pressure on people to repay, which will lead to an increase in the repayment amount and an increase in their own economic losses.
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I think the really scary thing is that under the guise of selling pre-made dishes, he will also do the previous campus loan thing, and use the small profits to make a loan business with thousands of profits.
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This platform is only aimed at college students and will obtain your personal information, and once you can't afford to pay it back, the consequences are still serious.
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Provide credit purchase service for university students
Fun Installment provides installment credit purchase service for college students. Installment shopping is mainly available for undergraduates, graduate students, and doctoral students.
The products that can be purchased in installments include mobile phones, tablets, computers, digital and other products, and all of them can be paid in installments with zero down payment.
Who can use Fun Installment?
The service is for full-time junior college students, including graduate and doctoral students. You need to provide your ID card, academic information network, etc. Those that cannot provide services for the time being include purchasing on behalf of others; Minor; student loans; day students; Pre-university students; Enlightenment; self-examination; 3+2 model (3 years of secondary school + 2 years of junior college) and so on.
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...In March 2014, the fun installment was officially launched.
..In April 2014, Ququ completed a round of multi-million dollar financing in installments. Invested by BlueRun Ventures.
..In April 2014, the Beijing station was fully opened in phases.
..In April 2014, the new version of Fun Installment was launched, and dozens of city sub-stations were opened.
..In August 2014, Ququ completed Series B financing in installments, with an amount of between 25 million and 30 million US dollars. The round of investment came from a joint capital injection from Source Code Capital, a private consortium in Singapore and BlueRun Ventures.
..In March 2015, Fun took out 100 million interest-free grants in installments to support college students to start their own businesses.
..In April 2015, Qu Installment announced the completion of financing with an amount of nearly 100 million US dollars. It was led by Kunlun Wanwei, followed by old shareholders such as Lanchi Venture Capital and Source Code Capital.
..In April 2015, the O2O project of Fun Installment Campus - "Fun Store" was launched.
..In August 2015, Qu received about 200 million US dollars in financing in installments, led by Ant Financial, followed by old shareholders Kunlun Wanwei, Lanchi Venture Capital, Source Code Capital, etc.
..In September 2015, Qu Installment and Sesame Credit completed the authorized access of Sesame Credit. Sesame Credit authorization is used as the basic verification of the real identity of Qu Installment users.
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"Fun Installment" is an online financial service platform that provides installment consumer loans for college students, and often launches interest-free activities for members to take out their first loans, but they need to be repaid within a few months.
Since October 2015, Zhu Baiwen has been responsible for the operation of the company's Handan Higher Education District Market. Some students thought it was troublesome to repay the loan in installments, so they called Zhu Baiwen at once for the money they needed to repay, and he repaid it in installments for them. took the money of his classmates, Zhu Baiwen did not take it seriously, but moved it for personal consumption.
Later, in order to make up for more and more arrears, he made up a lie that he could close his account, and asked the students who wanted to cancel his account to tell him the password, pretending to transfer the remaining money to their Alipay. Through this method, a total of more than 30 yuan was defrauded.
After absconding for more than 20 days, Zhu Baiwen was arrested by the public security organs.
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Fun Installment is a financial service platform that provides installment consumption for college students, covering nearly 30 million college students across the country. Provide services such as installment shopping and cash consumption, and support network-wide installment. On August 11, 2015, Qu Installment received about US$200 million in financing from Ant Financial.
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