What kind of loan is Ping An Consumer Finance?

Ping An Consumer Finance is an online loan.

Ping An Consumer Finance is a loan product of China Ping An, which belongs to peer-to-peer lending and is applied online. The rate is transparent. Repay in the form of equal principal and interest according to the loan method. In case of overdue repayment, toothpick shall be liable for breach of contract.

Ping An Consumer Finance Co., Ltd. is a financial company established on April 9, 2020, with a registered capital of 5 billion yuan, of which Ping An Group contributed 65.438+0.5 billion yuan, with a shareholding ratio of 30%. The legal representative of this company is Chen Dongqi. The business scope of Ping An Consumer Finance Co., Ltd. includes issuing personal consumer loans, accepting deposits from shareholders and domestic subsidiaries of domestic shareholders, borrowing from domestic financial institutions, issuing financial bonds with approval, domestic interbank borrowing, consulting on consumer finance, agency business, acting as an agent to sell insurance products related to consumer loans, fixed-income securities investment business and its business approved by China Banking Regulatory Commission.