Naked Selfies Used As Collateral For Chinese Loans

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Well guys, it looks like we all know where to go to get a loan. Who cares if they threaten to send the naked pictures to people we know, most of them have already seen us naked at some point. If not....SURPRISE! ;)

A 10-gigabyte file posted on the internet exposed the personal details of more than 160 young women who were asked to provide the explicit material to secure money through online lending platform Jiedaibao. Material in the file put on the web last Wednesday showed some borrowers also promised to repay loans with sexual favours, according to screen captures posted on social media websites.
 
So... blackmail and prostitution? Not making a moral judgment but that's what this is.
 
"Interest on the "nude loans" reached an astonishing 30 percent a week, according to the Global Times newspaper."
Wow.
 
In socialism and communism, your privacy belongs to society.
 
DejaWiz said:
In socialism and communism, your privacy belongs to society.
Click to expand...

I feel like being tongue in cheek and say that some Americans accuse of their own country as such while PRC is hypercapitalist.
 
anyone have links to the file ? :LOL:

i wonder how many sexual favors need to be performed to pay off a fat loan. Surely it's not one and done.

Women are lucky because they can pay off college and shit with sexual favors.
No one would loan me any money to see my ugly dick.
 
It's not Japanese, but I guess Chinese will do.


10GB for 160 woman. That's a detailed loan application.
 
Reimu said:
I feel like being tongue in cheek and say that some Americans accuse of their own country as such while PRC is hypercapitalist.
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How is PRC captalist when their government controls absolutely everything about business? That's statism, not capitalism.
 
DejaWiz said:
How is PRC captalist when their government controls absolutely everything about business? That's statism, not capitalism.
Click to expand...

Hoho, PRC has a ton of "party" directed commercial enterprises. Look at Huawei and it's PLA connection. It's not even the government per se. Being pedantic, the party oligarchs who operate glorified cabals with their own cliques and patrons take full advantage of the fact that the state is owned by the party.

If comes to regulations, US by and large allows you to lawyer up and fetch those lobbyists while PRC means you grease those palms to meet your local party secretary.
 
Reimu said:
Hoho, PRC has a ton of "party" directed commercial enterprises. Look at Huawei and it's PLA connection. It's not even the government per se. Being pedantic, the party oligarchs who operate glorified cabals with their own cliques and patrons take full advantage of the fact that the state is owned by the party.

If comes to regulations, US by and large allows you to lawyer up and fetch those lobbyists while PRC means you grease those palms to meet your local party secretary.
Click to expand...

Again, that's Statism....Cronyism....Corporatism. Not Capitalism.
 
This has been happening for a while in China.

P.S. Borrowing money at 30% a week is in no way ever tenable. You're guaranteed to go broke eventually unless you win the lottery or something.
 
I'd wonder how many of these women no default on the loans now that the photos have been leaked online?

westrock2000 said:
It's not Japanese, but I guess Chinese will do.


10GB for 160 woman. That's a detailed loan application.
Click to expand...

Yea I was thinking the same thing. How many photo's per person did they have to give?
 
Quix said:
This has been happening for a while in China.

P.S. Borrowing money at 30% a week is in no way ever tenable. You're guaranteed to go broke eventually unless you win the lottery or something.
Click to expand...

My wife is Korean, Koreans do this social money thing where say 24 people get together and all put $1,000 in a pool every month for 2 years. Then they draw "months" out of a hat to see when they get their payday. Twenty four people, twenty four months, twenty four thousand dollars, they all get their fair share, and the luckiest get their hands on a sizable chunk of cash all at one time, the kind of money you can do things with like buy houses, pay for college, start a business.

I would be surprised that the Chinese don't do the same thing.

So my wife used to do this money pool thing too. One day we were driving to Mexico, we used to go their for different things, before the border turned into a war zone. So as she is doing the driving she has this please with herself look on her face, asks me to get this envelope out of her purse. It's a big white envelope and it's stuffed with $100 dollar bills.

Let's go ahead and call a spade a spade, it looks exactly like a drug money envelope ffs. And I count it out and it's exactly $10,000 dollars, and we are 5 minutes from the Mexican border, and I am just sort of stunned sitting there thinking that I know this women is not going to rest until she lands my happy ass in prison.

The time before this it was deer antler and Korean Customs Inspectors, don't ask ................
 
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