1. Regular small loan companies are only allowed to do business locally and should go to the company in person. They may not charge advance loan fees or withhold interest. Never charge fees from bank accounts in the name of individuals, so-called legal persons, managers and financial leaders, and never ask for the ability to deposit money on your card for repayment on the grounds of verifying your financial strength. The interest rate of a small loan company is determined through negotiation between the borrower and the lender, and rises above the benchmark interest rate according to the qualification of the loan applicant. Generally speaking, the loan interest rate of microfinance companies cannot exceed four times the benchmark interest rate of the central bank in the same period.
In our daily life, we must have a clear understanding of the loan products before lending. Before applying for an unsecured loan, it is very necessary for us to have a clear understanding of the loan term, loan interest rate, repayment method and loan purpose of the loan product. For some unsecured products with floating benchmark interest rates, users who want to borrow money need to ask carefully whether there is a loan management fee. Because the application threshold of unsecured funds is low, there is no need for mortgage and guarantee, and the risks borne by lenders are also high. The loan interest rate will be higher than the benchmark loan interest rate, but not much higher.
3. Keep a good credit record. The loan processing flow is simple and the lending speed is fast. However, the bank's approval is relatively strict, paying special attention to the borrower's personal credit record. If your credit record is "polluted", you are likely to be rejected by the bank. Therefore, everyone must maintain their credit records in their daily consumption, so as not to have nowhere to turn for help when they need loans.
4. Looking for a formal lending institution or platform In recent years, advertisements for unsecured loans have appeared frequently. Some companies that publish information are not qualified to engage in financial business, or even registered in the industrial and commercial departments. Lenders who claim that they can lend unconditionally or only with their ID cards should not be credulous. Identity cards can't prove personal credit. Any formal lending institution will not pass the loan test just by ID card, except for fraudulent companies. Applying for small loans and finding a formal lending institution or platform is the right way.