According to Cai Xi's survey. Changyin 58 Finance is a licensed financial institution controlled by Changsha Bank and approved by China Banking Regulatory Commission. Changyin 58 Finance is a formal consumer financial institution, and the company reports the credit information of the People's Bank of China in real time according to the requirements of the People's Bank of China. In other words, applying for a loan at Changyin 58 Finance is a credit investigation. So it's not an online loan.
Online lending is a platform for providing lending services, and individuals rely on the Internet to achieve direct lending.