1. Is the cash loan of Xinyongbao reliable?
Xinyongbao has always been adhering to the tenet of "one promise and a thousand dollars, mutual benefit and win-win", taking "steady construction, fairness and justice, innovation and Excellence" as the concept, and strictly abiding by national laws and regulations; By providing consulting services such as loan information, law, compliance operation, risk prevention, etc. for both private funds, we can guide private idle funds to be converted into mass consumption funds, effectively alleviate the pressure of mass consumption, and legally realize value-added on the premise of ensuring the safety of private investors' funds, thus promoting the goal of social stability, harmony and healthy development.
Platform strength. Shenzhen Wan Hui Financial Services Co., Ltd. and Loan is an intermediary platform under the well-known ppmoney Wan Hui Group, which provides loan matching/loan diversion services with low threshold, simple application and flexible cycle for users in urgent need of money. No matter from the background or financial strength, it is very strong.
Borrowing cost. According to Shenzhen Wan Hui Financial Services Co., Ltd. and Lending Bao official website, the fees that borrowers need to pay in the process of borrowing mainly include interest, account management fee, quick approval fee and guarantee fee. All the expenses will be displayed on the loan page, so that the borrower can see at a glance.
Privacy and security. Shenzhen Wan Hui Financial Services Co., Ltd. and the loan agreement are formal and transparent, with detailed risk disclosure. In addition, security service protection measures such as ssl transmission encryption are adopted to protect users' rights and interests.
Second, how to judge whether online loans are reliable?
First: Look at the platform qualification.
To judge whether an online lending platform is reliable, we must first look at whether the platform has icp filing; Secondly, whether the company registration information is displayed on the website, including registered capital, legal representative, registered address, etc. The registered capital of the online lending platform is generally not less than 5 million yuan, and the detailed registered address is convenient for investors to conduct field visits.
Second: Look at the platform page to understand the platform mode.
Many small platforms, due to limited funds, spend little money to apply for a template, which is just an empty shell and the page has no style. In fact, such small platforms are prone to accidents.
A reliable online lending platform should be able to give professional analysis and suggestions according to the capital situation of investors and the capital needs of borrowers; At present, many platforms claim 100% principal guarantee. In fact, as a principal guarantee, it is not an end. Investors are willing to invest money, but they don't want to recover only the principal in the end, so they can get higher returns if they are safe and secure.
Third: look at the interest rate of the platform.
Whether the interest rate of a platform is normal is an important criterion to judge whether a platform is reliable. Generally, the interest rate announced by a platform is 6%-24%. High returns are directly proportional to high risks. High-yield investment is important, but don't ignore risks.
Fourth: check the flow of platform funds.
It is not difficult to see that there have been online loan incidents before, whether because of poor management or malicious deception, because the platform can directly contact user funds. Therefore, it is the safest way to put investors' funds on the third-party payment platform so that online loans can't reach users' funds.
From the bank's point of view, it is meaningless and necessary to keep it as a bank asset in the accounts. Such loans should be written off immediately after the necessary legal procedures are fulfilled, and the loan loss probability is 75%- 100%.
To sum up, Credit Bao is still a relatively powerful platform. It is a loan platform under the Shenzhen Wan Hui Financial Services Co., Ltd., and the borrowing costs incurred by borrowing are also clear at a glance, and there will be no concealment and fraud. In terms of privacy security, ssl transmission technology is also adopted for encryption, which protects the privacy and security of users. Therefore, on the whole, Credit Information is still a more trustworthy platform. If you want to judge whether online lending is safe, you must first look at the size of its platform. Small platforms have limited funds and are prone to problems. Generally, a relatively large platform depends on the capital flow and interest rate of the platform to judge whether it is reliable.