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Implementation of New Loan Assistance Regulations Imminent: Regulators Intensify Scrutiny of "24% + Equity" Model
1 day ago /
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Author：小编
Regulators are expediting their investigation into the "24% + Equity" model, with a keen focus on the implications of membership equity fees on borrowers' overall financing costs. In a recent move, they have dispatched questionnaires to various licensed consumer finance firms, aiming to delve deeper into the model's operational specifics and prevailing issues, particularly scrutinizing whether associated fees have contributed to hiking overall financing costs beyond the stipulated 24% limit.
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