Why do online loans know the phone numbers of people around you? How long will it take for online loan contact lists to be exposed?

The Internet is universal. While you are enjoying its convenience, it will also steal your information. Many apps will read your contacts and other personal information when you click to log in, including your friends’ information. They can even form a user profile of your circle of friends through big data verification, so they don’t have to worry about you not paying back the money you borrowed.

Why do online loans know the phone numbers of people around you?

1. When applying for an online loan, you need to install its APP. During the installation process, it will often be allowed by default to use your phone’s storage permissions, address book, camera and other functions.

2. When you fill in the information, in addition to facial recognition, you also need to receive a text message verification code and the service password of your mobile phone card. At this time, he will obtain your call records for the past six months.

During the application process, we will not pay too much attention to its privacy agreement, so when it is overdue, the debt collector will call all the emergency contacts you have reserved, even friends, colleagues and strangers you have had a phone call with, so as to make you lose your reputation in front of relatives, friends and colleagues.

Therefore, when borrowing online loans, you must consider your repayment ability. You cannot just think about borrowing and then not be able to repay it later!

How long will it take for the online loan contact list to be exposed?

As far as I know... the system will automatically notify you when it expires, or customer service will notify you, but your information is only in their hands for three days. After three days, it could happen at any time, like a time bomb.

What to do if your contact list is exposed by online loan

First of all, online loans are very addictive. Once you take out a loan, you will definitely take it out a second time. In the end, there will be nothing left but a mess that cannot be cleaned up. The phenomenon of "loans to pay off loans" is the most terrifying. This is a bottomless pit with no end.

Secondly, it is not a good idea to default on a debt. Since you borrowed the money yourself in the first place, you should have settled it, or not borrowed so much. Of course, I still paid it back in the end, even though I was being urged to do so by debt collectors.

Third, it doesn’t mean that the online loan company can’t find you if you change your mobile phone number. You should know that collection companies have many ways to find you, and it’s not that they can’t contact you just by changing your phone number.

Fourth, it is normal for collection companies to contact your family and friends. When they cannot find the debtor, they will call third-party contacts and use various means to pressure you to pay back the money. Even the indictment you received are just pressure tactics and are not real.

Fifth, these methods used by the collection company have seriously affected the normal life of you and your family. You feel tortured all the time and are nervous every day when you receive collection calls. And as the questioner said, you have ruined your own reputation just for a few thousand dollars.

Sixth, you are half responsible for the “violent” debt collection, but it is more due to the suppression and tactics used by the debt collection company. The debt collection company is indeed hateful, but it also depends on the person.

Finally, stay away from online loans and violent debt collection.