Is Zhaolian Finance a legal online loan?

Legal. Approved by China Banking Regulatory Commission, China Merchants Bank and China Unicom jointly funded the establishment of a licensed consumer finance company with a registered address in Qianhai, Shenzhen, with a registered capital of 654.38 billion yuan. Zhaolian Finance was established in March 2065438+2005. It is a licensed consumer finance company approved by China Banking and Insurance Regulatory Commission, China Merchants Bank and China Unicom. Its registered address is in Qianhai, Shenzhen, with a registered capital of 10 billion yuan. China Merchants Bank is a licensed formal financial institution jointly established with China Unicom and approved by China Banking Regulatory Commission.