Is the online loan that charges service fees formal?

Hello, generally speaking, formal financial institutions will not charge fees for guarantee fees, information service fees, packaging fees, contract fees, security deposits, insurance premiums, handling fees and other reasons before issuing loans. People who need funds should choose carefully when choosing loan channels or institutions, and try to consult and handle business on the official platform or physical storefront of formal institutions. They should be alert to the charges before the next payment and beware of traps.