The emergence of 'salary deduction loan'? Banks: no such product

On July 3rd, Jinshi Data News learned that several banks have confirmed that there is no such product as ‘salary deduction loan’ which has recently been circulated on the internet. Media reports indicate that the term ‘salary deduction loan’ was first mentioned by Li Xunlei, the chief economist of Zhongtai Securities, during a lecture, but it was just a joke and the original author has already clarified this.

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