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Du Xiaoman

Controversies

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

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  1. 2022

    Payment Business Fined RMB 1.21 Million for Six Violations; 'Youqianhua' Violent Debt Collection Complaints Exceed 40,000

    Du Xiaoman Pay had six illegal acts, including failure to file payment agreements, lax real-name verification, and opening accounts in violation of rules; its insurance brokerage was previously fined for deceiving policyholders; complaints about its credit product "Youqianhua" on Black Cat Complaints totaled more than 40,000, mainly concerning violent debt collection and harassment of emergency contacts. The Beijing Branch of the People's Bank of China issued a warning and fined it RMB 1.21 million, and its general manager was fined RMB 100,000; Du Xiaoman Insurance Brokerage was fined RMB 560,000.

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