Is Hangzhou Weiyi Rong Loan illegal?

No, the genuine Hangzhou Weiyirong loan can be used, but it is recommended to use it with caution. Weiyirong is a lending product of Microfinance (Hangzhou) Financial Information Service Co., Ltd., a subsidiary of Microfinance Network, focusing on the personal credit loan business of elite people. Hangzhou Weiyi Rongdai is a non-bank financial institution permitted by law and approved by the industrial and commercial department. It is a regular online loan company, which is very reliable. Company is an enterprise organization form formed in the market economy to meet the needs of socialized mass production.