The Operation of the Anti-Debt Collection Industry Chain

Why can't financial companies like P2P platforms survive? Aside from policy factors, the existence of anti-collection agencies has led to increased bad debt rates. Eventually, when investigated, founders and other executives naturally chose to abscond with the money.

Violent collection and anti-collection are two sides of the same coin. When you authorize these services, they use fraud and other methods to fabricate evidence to help evade debts, or even extort compensation. They charge around 20% commission for each successfully evaded debt, and split any compensation obtained at a 55/45 ratio. The economic losses caused by anti-collection agencies exceed tens of billions of yuan.

Borrowing Money Online and Not Repaying: Someone Teaches You How to Extort Money from Platforms | Their Internet