At present, the maximum application amount for opening Xiaoxinhua is 200,000. Judging from the service cycle, the service life of Tongxin Xiaoxinhua can be divided into 3- 12 months, and personal identity authentication and face recognition are provided when applying.

The annual interest rate of Xinxiangtong is 65,438+04.6%. In fact, a loan can only be divided into two periods, each period is only 15 days, and each loan has a so-called guarantee fee, which is often deducted from the borrower's bank card when borrowing.

Xin Hengtong Xiaoxinhua is a loan software, and its fictitious transaction makes it impossible to authenticate the credit status of both borrowers and borrowers, which leads to fraud and default disputes. A large amount of lender information released by the network platform, many loans are issued in the name of loan companies and financing companies. In fact, only financial institutions approved by the state can engage in financial services such as credit financing.