When users borrow money from Elephant Premium, the platform will review it after submitting their personal data, and manual review may be conducted during the review process. After the approval, the platform will make payment. This process usually takes about 7 days, and different users may need different time. Users can check the progress through the elephant advanced application.
When conducting manual audit, Xiaoxiang Premium Loan will focus on asking the borrower's identity information, whether he has submitted a loan application, the main purpose of the loan, and verifying whether the contact person is true. After the manual review, we will wait for the loan. It should be noted that after the loan of Xiaoxiang Youpin, it must be repaid on time, and there can be no overdue situation.
Elephant Premium may charge a credit management fee when borrowing money, which will increase the borrower's borrowing cost. If users feel that the cost is relatively high, they can not lend or reduce the loan amount at this time. This can reduce the cost of borrowing. But now there are many ways to borrow money online, and users can choose a platform without management fees.