An online lending service in China that requested various applicants to give out nude photos or intimate videos as collateral has been exposed after the photos leaked online.

Jiedaibao, an online loan platform, has been exposed after nearly 10GB worth of data that contained photos of the nude women, their information, and the amount they requested for loan were posted online.

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The Global Times reported that out of the 161 posted, 144 victims have been exposed. Most of them were reportedly in their early 20s, while the oldest one is 47 years old.

A sample of the leaked photos detailed information of the borrower. "I have borrowed 15,000 yuan ($2,180) in July," it read. "I have taken videos and nude pictures of myself as security for a mortgage."

Borrowers are reportedly given one month to pay off their debts incluing a 50 percent interest rate. Applicants accpet full responsibility if they fail to pay on time. Meanwhile, in certain instances when the borrower failed to repay, sex was reportedly used as a form of compensation.

Analysts argued that with the need for loans, but a poor credit score, users now opt for the online channel to acquire money. One woman told China Youth Daily that her 5,000 yuan ($2,180) loan request was granted just a few minutes after she submitted her nude photos to the lender.

Channel News Asia reported that Jiedaibao later issued a statement in their official Weibo account, saying  "The 'nude loans' deals were mainly initiated and completed offline. Jiedaibao only played a role of money a money transfer platform in the deals."

Tagschina, online lending, Nude Photo Leaks, loan security