Conditions for applying for small loans:
1, Chinese mainland residents aged 18;
2. Have a stable address and work or business place;
3. Have a stable source of income;
4. Without a bad credit record, the loan cannot be used for stock trading or gambling.
5. Other conditions required by the bank.
Microfinance processing flow:
1. Submit an application to a local bank or lending institution;
2. Prepare various materials required for the loan;
3. Face-to-face signing of banks or lending institutions;
4. The bank examines the qualifications of the lender;
5. Approved and successful loans.
Regular small loan companies are only allowed to conduct business locally, and they should handle it in person. Do not charge pre-loan fees or withhold interest, and never use the bank account under the name of an individual (so-called legal person, manager or financial controller) to charge fees. For example, small loan companies in Beijing are only allowed to issue loans within the districts and counties where they are registered. The business beyond the geographical scope and the business based on the network platform are scams, which should be companies that cheat or defraud in the name of regular companies.
Baidu anti-fraud alliance team specially reminded:
Please be alert to all kinds of fake loans and scams that deal with large credit card information published online! Most of the information released by various online lending companies, investment guarantee companies and financing guarantee companies that they can borrow money or apply for credit cards as long as their ID cards are low-level scams. Don't trust the company whether it is registered or not. The swindler will cheat you to sign the fax contract and hold your fingerprint, and then cheat you to take out insurance step by step, pay the first month interest, pay the performance fee, deposit, guarantee fee, loan fee, notary fee, credit fee, mortgage fee and so on. In the name of insufficient liquidity in your bank, checking your repayment ability or capital verification, you are required to transfer all the funds in your account to the liar's account, or even ask you to apply for a bank card at a designated bank, and then bind the liar's mobile phone number. I didn't know that this method would cheat all the money in your account. If you don't pay the fee as required by the swindler, the swindler will threaten to blacklist you in the name of signing a contract with them, and threaten to sue you for breach of contract and pay huge compensation.