If you want to know whether the small loan platform is formal, you need to look at the platform background, qualification certificate, loan interest, overdue collection and so on.
1, platform background
Zhaolian Good Term Loan is a small loan product under Zhaolian Finance. Established with the approval of China Banking Regulatory Commission, China Merchants Bank and China Unicom jointly initiated the establishment. A consumer financial institution with a formal license, which mainly provides cash loans and installment consumption services, has a banking background. At the same time, Zhaolian Good Term Loan also cooperates with Alipay, China Unicom and China Merchants Bank.
After the successful application, the borrower can purchase the goods and services of the joint venture company without interest and handling fees, such as purchasing Unicom contract machines.
2. Qualification certificate
The financial institutions that have a formal license to recruit long-term loans and provide funds behind them are also financial institutions with private lending qualifications approved by the China Banking Regulatory Commission.
3. Loan interest
The minimum daily interest rate of Zhaolian Good Loan is 0.02%, but according to actual user feedback, the annualized interest rate of Zhaolian Good Loan is about 17.82%, that is, 0.0495%. Compared with bank credit cards, the installment fee rate of credit cards is about 18%.
4. Overdue collection
After the borrower loans overdue, the timely loan is mainly reminded by telephone and SMS. Generally, we don't contact the borrower's address book friends privately, and we don't collect them at home without the borrower's consent.
The above is Xi Cai Jun's opinion on "Is it normal to get a loan with a good term?" I hope I can help you!