This paper introduces the situation of Shangcheng consumer finance from four aspects: platform strength, loan method, loan cost and user evaluation. You can use this information to judge for yourself whether Shang Cheng's consumer finance is reliable.
Platform strength
Shang Cheng Consumer Finance is a consumer finance company jointly sponsored by Shanghai Bank, Ctrip Group, Apollo Capital and Sequoia Capital. Shang Cheng Consumer Finance has a formal financial license issued by China Banking Regulatory Commission, which is a formal financial enterprise. The consumer finance in Shangcheng can't handle deposits like banks, but can only handle loans.
Loan model
The borrowing mode of Shangcheng consumer finance is pure credit loan, which does not need the borrower to provide mortgage and guarantee, but only needs the borrower to provide some simple personal information online.
borrowing costs
Shangcheng's annualized loan interest rate for consumer finance will not exceed 24%. In other words, Shangcheng's consumer finance interest rate is within the reasonable range stipulated by law.
User evaluation
Judging from the feedback from some netizens, Shang Cheng's consumer finance practices in post-loan service and overdue collection are not bad, and there is nothing to make people complain about.
Through the above, we understand the platform strength, loan method, loan cost and user evaluation of Shangcheng consumer finance, and I believe we also understand whether Shangcheng consumer finance is reliable.