Does Fetion Qiongbao apply for credit reporting?

In the end, there is no clear explanation about whether Fetion Qiongbao Company can obtain credit information. Borrowers can call the official customer service hotline of Fetion Qiongbao for consultation, and most formal online lending platforms are required to receive credit information. In fact, regardless of whether the online lending platform needs credit information, after the loan is completed on this platform, it must be repaid on time, and there can be no overdue repayment, because there will be penalty interest after overdue repayment, and the platform will charge interest until the user pays off the debt.

Can Fetion Qiongbao borrow money many times?

Fetion Qiongbao can submit loan requests many times. If the first request is not approved, you can request it again later. On the second request, you can change the loan amount and contact information before submitting the request. However, some loan customers have to apply for multiple times before they can successfully make the next repayment. If the platform has sufficient funds, the loan application request will be easily passed and the next payment will be quick. In order to prevent users from regretting or failing to repay on time after borrowing, users should clearly know the interest charged by the platform when borrowing. If the interest charged is more, the borrower can consider switching to a platform loan with low interest. In addition, users must weigh their repayment ability when borrowing, and confirm whether they have repayment ability after borrowing.