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CreditEase

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    CreditEase Wealth fixed-income-like products halt redemption; founder Tang Ning placed under criminal coercive measures

    On May 22, 2026, CreditEase stopped redemption of fixed-income-like products on platforms including Ruicheng and Yiren Youxuan, claiming a "benign wind-down," involving tens of billions of yuan. The so-called "net principal" repayment plan deducts returns already received, potentially leaving long-term clients with little, and investors questioned the sudden halt in redemption and lack of communication. In October, CreditEase apologized, saying it might already be insolvent, and still did not disclose a repayment ratio. Founder Tang Ning and executive Zhao Mei and others were placed under criminal coercive measures; Yirendai (renamed Yiren Digital) stated that its business is isolated.

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