Is Qianhua Loan app a fraud network?

This is fraud. Qianhua Loan app is a mobile phone application that provides loan services. Users can apply for loans through this app. However, some users have reported that Qianhua Loan App has problems such as charging high service fees and false propaganda. In addition, some users said that Qianhua Loan app has fraudulent behaviors such as unauthorized deduction and malicious collection. Therefore, users are advised to read the relevant terms and agreements carefully before using the money-spending loan app to understand the loan interest rate, service fee and other information to avoid unnecessary losses. At the same time, we should also pay attention to protecting the security of personal information and avoid being used by criminals.