The name of a small loan company generally consists of "region+name+'small loan'+enterprise nature", and small loan companies are not allowed to handle business across regions. If business people tell you that their business can be handled nationwide, there is no doubt that it is an informal company.
Method 2: External image
On the one hand, if abbreviations are used on the plaque of small loan companies, the word "small amount" will appear, such as "taohuajiang small loan"; On the other hand, there will be a bronze medal of "unified logo" supervised by the Provincial Finance Office in a prominent position at the entrance of the microfinance company, and the unified number of the province dedicated to the microfinance company is in the upper right corner, which can be verified by the Provincial Finance Office or the competent department of the local microfinance company.
Method 3: Set up procedures
In addition to the business license and other formalities that general enterprises need to handle, small loan companies also have the "Reply on Opening" issued by the Provincial Finance Office, and the file name is usually "Reply on Opening of Small Loan Companies in taohuajiang". When handling the loan business, you can ask the small loan company to show the approval of opening for differentiation.
Method 4: Interest rate.
The interest rate of a regular microfinance company cannot exceed four times the interest rate of the bank's loan products during the same period. If it exceeds this range, it is suspected of usury. Or you can call the local financial office and the industrial and commercial bureau to consult and identify the authenticity.