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Shandong University professor Jingdong encountered a loan scam with an annual interest rate of 1080%

Summary by 大纪元 Epoch Times
A professor from the Department of Economics at Shandong University encountered a loan scam when applying for a JD Gold Bar Loan on the JD APP. The annualized interest rate was 1080%, and he has not been able to complete early repayment on the JD platform so far.
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大纪元 Epoch Times broke the news in on Tuesday, April 22, 2025.
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