A financial loan company refers to a financial institution that specializes in providing loan business. They generally have relatively perfect risk management and internal control mechanisms, as well as professional loan management teams and technicians. In the financial loan market, formal financial loan companies have a certain competitive relationship with informal financial institutions or individuals, but this does not mean that informal financial institutions or individuals cannot provide loan services. Consumer financial institutions all hold relevant financial licenses issued by the China Banking Regulatory Commission, are supervised by relevant departments, and have legal business licenses, fixed office addresses, company telephones, etc. Consumers can find specific information on related websites or other public channels. The fees charged by consumer financial institutions are open and transparent, and no fees will be charged in the name of handling fees, guarantee fees and deposits. Before the loan. Therefore, financial loans are formal.