1. is a credit product of Shang Meng Finance Co., Ltd. It has passed the strict examination of the Bank of China Insurance Regulatory Commission and is a regular licensed Mongolian financial institution. Users can download the official account of the official national APP of Mengshang Finance, or apply for Mengshang Finance. Self-operated product package upgrades your loan and enjoys the money. Yin Zhicheng, former secretary of the Disciplinary Committee of the Subcontractor Bank, served as the chairman of Shang Meng Finance Company. On the occasion of brand upgrading, Yin Zhicheng said that Mongolian businessmen have laid out financial technology to enhance their innovation and operational capabilities.
2. However, up to now, Shang Meng Finance has only one exclusive product, namely "Dream Enjoy Gold", which is a pure online product. The preferential payment amount is 1000-50000, the annual interest rate is 10.8%, and the maximum amount of specially invited users is 200,000. It is worth mentioning that Meng Xiangjin's daily interest rate for some users is as high as 0.099%, and the annualized interest rate is close to 36%. Some users have reported that your loan package was downloaded from JD.COM Good Loan Platform in September 2020, and the annual interest rate of the next repayment is also 35.64%. The downward trend of interest rates of licensed financial institutions is inevitable.