Dodgy internet lenders in China are reportedly getting female college students to provide nude pictures of themselves as collateral in a loan-for-porn scheme. In this creepy arrangement, reported by Chinese media this week, students have agreed to send nude photos of themselves holding their identification cards to lenders. After doing so, the girls are then eligible for higher loan amounts — two to five times the normal sum, according to Beijing Youth Daily. The lenders told the students that they'd publish the photos online if loans aren't repaid in time, with extreme interest rates. The site's online leaders allegedly preyed on young people who may be out of pocket or lacking in financial experience.
Nude Pics for a ‘Naked Loan’: Controversial Online Loaning in China
The naked truth about nude art
Studios get a dressing down over a new form of private photo shoots. Zhou Wenting in Beijing reports. Xiao Yu not her real name smiled as she flipped through her favorite photo album - a collection of nude portraits she recently posed for at a Beijing studio. Although unabashed in private, perhaps the fact that Xiao Yu did not want to be quoted under her real name for fear of upsetting her family or bosses at the media organization where she works tells a different story.
A recent leak has exposed a raunchy Chinese e-commerce scandal in which women get personal online loans through nude pictures and videos. To get a naked loan, borrowers take naked selfies in which their ID cards have to be held in front of them. Both the front and back side of the ID card should be clearly readable. The documents concern private information of users, including naked pictures and videos of borrowers. The borrowers are female netizens between the age of , many of them attending university or college.
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