Advertisements about small-amount loans are everywhere on university campuses in many cities and provinces. However, the safety of such loan remains in big question. Recently, a university student in central China"s Hubei Province was found deeply in debt of over 700,000 yuan because of applying for such loans. Why are they so risky? How can students protect themselves?
A photo shows graduates in a university in China. [Photo: univs.cn] |
