Jul 28, 2021 07:18 PM (GMT+8) · EqualOcean
The financial Associated Press reporter learned from people familiar with the matter that Chongqing local financial supervision and Administration recently conducted a thorough investigation on small loan companies in its jurisdiction in terms of loans in the United States, education and training, and rental (including long-term rental), and required relevant institutions to report cooperative institutions, loan balance, comprehensive annualized interest rate, number of loan households, amount overdue for 90 days Details such as the number of households overdue for 90 days. A person from a local small loan company said that at present, the regulatory authorities have not issued clear mandatory documents for the education loan and training loan business, but there are signs of strict supervision in the relevant scenes, and it is expected that the relevant loan business volume will shrink rapidly in the future.