The China Banking Regulatory Commission issues risk warning: Beware of the "professional debt" trap.

The China Banking and Insurance Regulatory Commission has issued a risk warning about being alert to the trap of "professional debt-loading": Recently, there have been scams in society using the bait of "getting rich quickly" and "no need to repay debt" in the name of "professional debt-loading", causing some consumers to fall into difficulties due to believing in such false advertising. The Financial Consumer Rights Protection Bureau of the regulatory commission reminds consumers to be vigilant and stay away from the trap of "professional debt-loading".