Is Zhongan loan legal?

Zhongan Loan is a formal and legal loan platform. Zhongan Loan is a micro-loan product provided by Zhongan Finance Co., Ltd. After strict examination, the company has obtained the permission of the China Banking Regulatory Commission, and its loan service also meets the national regulations. The operating company of Zhongan Loan is Chongqing Zhongan Microfinance Co., Ltd., which has an Internet microfinance license and belongs to a regular licensed financial institution. The loan interest rate of Zhongan Loan conforms to the national regulations, with the lowest annualized interest rate of 7.2% and the highest interest rate of 24%, and no upfront fees are charged during the loan period. In addition, Zhongan Loan is also connected to the credit information system, and the user's loan records will be uploaded to the credit information center of the People's Bank of China. The shareholder background of Zhongan Loan is also very strong, including Zhongan Technology and Tianyi E-Commerce Co., Ltd. ..