Lightning loan is a mobile-based lending platform launched by Palm Financial Services on 20 14, which mainly provides users with short-term micro-loans. Users who borrow by lightning can obtain a credit line through credit authentication, and can borrow at any time within the credit line. Lightning loan needs personal information, bank account number and micro signal. These elements include a person's basic situation. If it meets the requirements, lightning loan will immediately transfer the loan to the borrower's bank card. As a financial information service platform for young people, lightning loan has four advantages: professionalism, rapidity, low threshold and convenience. The fastest loan can reach 56 seconds. Compared with the traditional loan model, lightning loan is really a lightning loan. However, even with so many benefits, it is still necessary to remind that loans need to be treated with caution.
1. Bank loan process:
1) Apply for a loan, and bring information to the bank outlets to apply for a loan;
2) Audit: the bank verifies the applicant's credit information, assets, personal data and other information;
3) Sign a loan contract with the lender after signing the contract and the bank has passed the examination;
4) Loan issuance: the bank issues loans on schedule as agreed in the loan contract;
5) In order to repay the loan, the lender shall repay the loan principal and interest in full according to the time agreed in this contract.
2. Precautions for online lending platform:
1) Platform information disclosure: At present, information disclosure is an important part of online lending platform compliance. In the content disclosed by the online lending platform, the lender can know the basic information and strength of the platform, and the information of the platform company can be found through the national enterprise credit information publicity system, and whether the company has bad records and risk information can be seen.
2) Check the project information: To avoid the problem of funds when lending, you must choose the real target. When making a loan, you need to know the details of the loan, and see whether the borrower's information, qualifications, loan amount are within the compliance range and what the purpose of the loan is. If it is a mortgage, this category is not compliant. In addition, what is the main repayment method and judge whether there is repayment strength.