How to distinguish a formal microfinance company?

1. Generally speaking, the loan process of a formal loan company will be more complicated, and more proof materials are needed, such as complete identification; Bank salary for more than half a year, etc. Liar institutions mainly attract customers with low-threshold loan conditions such as low interest rates and fast processing.

2. Regular loan companies will not charge any fees before lending, so if online lending institutions charge you fees before you successfully apply for a loan, it must not be a regular loan company.

3. Regular lending companies have fixed contact information and specific addresses, so it is best to check whether the information of appropriate lending institutions is true before lending.

Characteristics of informal online microfinance companies;

1, low loan requirements: advertised as "unsecured and unsecured", you can borrow several hundred thousand yuan with only one ID card, but you need to pay a deposit to prove your qualifications. The higher the deposit, the higher your qualification;

2. The name is very loud: in the name of listed companies in Hong Kong and overseas, an investment consulting company and a loan group company have to charge a handling fee in the early stage before they can lend money;

3. Advance payment: At the beginning, we said that we would not pay in advance and sign the contract face to face. Let you wait at the gate of a bank to sign the contract face to face, tell you how much money to deposit in an account of this bank by phone, and then send a salesman to sign the contract face to face. Other relatively new tricks, such as opening telephone banking or mobile banking, using default password loopholes and other means to cheat money.