Rice loan is the third product of Xiaomi Finance after the fund treasure in May 20th15th and June. It is a pure credit loan product for 65.438+0.5 billion Xiaomi users, which means that Xiaomi mobile phone users can obtain credit information through big data without mortgage. At the same time, it has the advantages of simple procedures, fast loan access, no mortgage and flexible repayment methods. Users who open Xiaomi loan only need to download Xiaomi Financial app, authenticate their real names and scan their faces. Once they get the quota, they can get the loan.
Xiaomi Finance's evaluation criteria are based on its own big data analysis, including the frequency of using Xiaomi's mobile phone and shopping behavior in Xiaomi.com or Xiaomi Mall. Secondly, the maximum loan amount of Xiaomi loan is 6.5438+0 million yuan, and the direction of funds is clear. In addition, commercial banks do personal consumption loans, the amount is relatively scattered, and the management of funds is quite cautious.
Precautions:
1. Pay attention to your repayment ability when handling loans. If your personal income is relatively high in the future, you can apply for a loan at this time. If your personal income is relatively small, you should pay attention to avoid not being able to repay on time in the later period, and overdue repayment will generate penalty interest, which will affect your personal credit information.
2. When making a loan, you should know different repayment methods. Common repayment methods include average principal, matching principal and interest, paying interest in advance, and paying principal and interest in one lump sum. When making a loan, the bank will provide several repayment methods, and users can choose one according to their income.