The new version of instant loan was officially launched on June 20 17. As the latest product of instant finance, it has attracted the attention of many lenders. Do you know what a spot loan is? Is it reliable to borrow it immediately? Card baby tells you.
What is a spot loan?
Immediate loan is a mobile phone loan APP launched by consumer finance immediately. You can apply for a loan anytime and anywhere without mortgage or guarantee. The maximum application amount is 200,000, which is a small wallet that customers can withdraw at any time.
Is it reliable to borrow it immediately?
Instant loan is the only loan product of instant finance that controls its own risks without the help of other credit institutions. It has three characteristics: fast approval, low interest rate, safety and reliability. Instant Finance, an institution offering instant loans, was established by well-known domestic enterprises such as Sunshine Insurance, Chongqing Department Store, Chongqing Bank, Zhejiang Commodity City and Wumart Holdings, with a registered capital of 654.38+300 million. It is a very powerful company. As the main product, immediate loan is naturally a very reliable loan product.
At present, the loan amount is between 1 0,000-8,000, the number of periods of loans below 4,000 is 6,9,0/2 months, and the number of periods of loans above 4,000 is 9,0/2 months. The loan interest rate is about five ten thousandths, depending on the loan amount and the number of installments. When applying for a loan, you can also choose "whether to join the life insurance plan" and "whether to use the flexible repayment service", in which the flexible repayment package is in 20 yuan every month and the life insurance is in 36 yuan every month. It can be seen that the interest on immediate repayment is not high, and the addition of life insurance and flexible repayment package makes it more distinctive.
Is spot finance the same as spot loan?
However, Instant Consumer Finance Company is the first consumer finance company in Chongqing, and Instant Loan is its software.
Loan application conditions:
1, if you want to have a fixed income, it depends on the salary details.
2. At least 18-65 years old.
3. If the loan is used for business or car purchase, there must be a guarantor and mortgage.
4. Good credit information.
Loan application materials:
1. Lender's ID card.
2. The lender's credit information in the past six months is good.
3. The bank card under the lender's name has been running for nearly half a year without interruption.
4. The lender's residence certificate (rental contract, real estate license, water and electricity invoices for the last three months).
5. Income certificate issued by the lender's work unit.
6. Social security, insurance policies and provident fund can also be loaned on a monthly basis.
There are two ways to distinguish between instant loans and instant financing loan applications.
; ? Many loan friends have been exposed to two mobile loan apps, instant loan and instant finance. In these two apps, you can apply for the same cash loan. It is estimated that many friends are difficult to distinguish. In fact, instant loan and instant finance are loan products of the same company, especially cash loan business. Today, I will tell you the difference between instant loans and instant finance.
First, financing immediately.
Instant finance is a brand product of instant consumer finance. Customers can APPly for loans anytime and anywhere through the mobile phone client app without mortgage or guarantee, and the approval and loan can be completed in three minutes at the earliest, with a maximum application amount of 200,000 yuan. In 20 16, instant finance separated its loan business, making instant finance a loan platform for instant consumer finance, and immediately developing cash loan business. Therefore, there is a cash installment loan column in the immediate financial management APP, which is exactly the same as the independent immediate loan APP loan business. However, there is also an instant wallet cash loan business in the instant financial APP, but the instant wallet loan only accepts applications from Chongqing users.
Second, spot loans.
Instant loan is a new type of cash loan APP promoted by instant consumer finance. It is said that 10 second can complete the instant loan approval, and the daily interest rate is moderate in the industry. The loan amount is between 1, 000-8,000. The number of periods for loans below 4000 is 6, 9 and 12 months, and the number of periods for loans above 4000 is 9 and 12 months. When applying for a loan, you can also choose "whether to join the life insurance plan" and "whether to use the flexible repayment service", in which the flexible repayment package is in 20 yuan every month and the life insurance is in 36 yuan every month, which are not available in the instant loan business in instant finance.
In short, immediate loan and immediate finance are both mobile loan apps with overlapping loan business, and immediate finance includes immediate loan.