202 1 what is the current situation of Heng Chang loan company?

202 1 Heng Chang loan company has been investigated, because it is an illegal company, involving routine loans, violence, usury and other issues. When the company claims that there is no guarantee or unsecured interest during the operating period, the first loan should be paid out quickly. Take advantage of the victim's urgent need for money, let the borrower provide personal information and extract the customer address book. When signing the contract, the borrower will be threatened by telephone, and the related service fee will be threatened to be collected after it is overdue.

First, how to choose a legal loan company

First of all, we must determine whether the loan company or platform we apply for is formal. All formal lending institutions will have financial licenses. If some companies don't have this license, we need to consider it. It also depends on the scale and address of the company's development, whether the company has industrial and commercial filing, and the business ability level of the whole company. In the reception process, whether the company's products are reasonable, whether the demand is right, whether it is qualified, whether it is like formal loan financing and previous companies.

Second, what loans are absolutely untouchable?

At present, some online loans that are not qualified for lending have very low interest, generally ranging from 1000 yuan to 5,000 yuan, and the interest is calculated on a daily basis. This kind of loan can basically be borrowed as long as you apply, but the risk after this kind of loan will be greater and a lot of fees will be charged. Once overdue, it may lead to low rolling interest, so the debt will increase. Campus loans are also popular in the past two years, mainly for college students, which will charge high fees and interest.

Third, the last thing you need to know is that the annual interest rate stipulated by the state cannot exceed 36%. As long as it exceeds 36%, you must not bring some illegal routine loans and campus loans, and you should choose carefully when lending. Once cheated, you may fall into the trap, which is a very troublesome thing for the future.