Loan Company Will Release Your Nude Picture If You Don’t Pay Them Back

A new loan company is using nude photos from borrowers as collateral for them to repay their loan. If they don’t repay the loan, the lenders release their nude pics to the public… says that the loan app is being used in China right now. It allows people who need money to log and borrow from complete strangers. The lenders are allowed to set their own terms of repayment as well as what “collateral” the borrowers have to give up to secure the loan – even naked pics!

Although using nude photos as collateral is illegal, (as is publicly posting nudes pics if somebody cannot repay the loan), the company that allows the loans says that it will interfere with the terms of the loans.

Do YOU think this should beĀ stopped or do you think people who agree to the terms of the loan should be publicly embarrassed?

More from Doug Lazy

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Listen Live