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Renting a place in China requires a lot of cash upfront. Apart from the one-month deposit, renters also need to pay three to six months of rent in advance when signing a contract, which may be difficult for people with good income but not much saving. Huifenqi is an app and lending service...

Renting a place in China requires a lot of cash upfront. Apart from the one-month deposit, renters also need to pay three to six months of rent in advance when signing a contract, which may be difficult for people with good income but not much saving. Huifenqi is an app and lending service...