Monday, November 29

FSC “Excessive reward and high-yielding P2P finance is illegal”

The Financial Services Commission warned investors to be careful as there is a possibility of illegal and bad loans in advertisements for online investment-linked finance businesses (P2P finance, on-to-up) that guarantee excessive rewards (compensation) or high profits. Financial industry registration and user notes’ data, and as of the same day, a total of 36 On2 companies have completed registration. On2Up is a financial service that connects investors and borrowers. Register yet

Reference-www.hani.co.kr

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