Nude Photos as Loan Collateral
The New York Times is reporting that some women in China are being forced to supply nude photos of themselves as collateral for getting a loan. Aside from the awfulness of this practice, it’s really bad collateral because it’s impossible to ever get it back.
Jeff Martin • June 20, 2016 7:51 AM
Peer-to-peer lenders specifically. And the P2P company states, this is a private transaction.