Is the wallet loan reliable?

Not reliable.

Through the popular products in Huironghua app, I downloaded Ada wallet, and its software customer service induced users to open members.

Is it reliable to love wallet loans? The default compensation rule is that when the borrower and debtor of the secured loan are overdue, the corresponding funds will be withdrawn from the risk reserve account to pay the overdue compensation amount of the creditor of the wealth management manager. Third-party investors, financiers and financial platforms participating in platform transactions independently open fund custody accounts in the third-party payment platform Huanxun Payment System. Risk reserve, the funds in the risk reserve account will be specially used to compensate the financial managers and creditors of secured loans served by AIDA Finance for overdue payments to borrowers and debtors, including but not limited to unpaid interest or current principal and interest and related overdue penalty interest.