Formal loan companies can be roughly divided into two categories. One kind needs guarantee or collateral, such as houses, cars, machinery and equipment, and some choose units or individuals to jointly guarantee.
The other is unsecured and unsecured, that is, credit loans, which are mainly aimed at the credit records of individuals and enterprises. Because this kind of loan is risky, the interest is generally higher than that of banks.
1. Regular loan companies all have licenses issued by government departments, their own offices, their own portals and professional division of labor. Those well-known loan companies have their own formal procedures. We should pay more attention to and collect more information about this little-known company.
2. Regular loan companies do not charge any fees before lending, and the information collected is also a copy. We should be more careful about those who charge fees in various names.
3. The industry standard, reference system and risk control system of the loan company are all connected, and the difference will not be too big. If the loan interest of some companies is ridiculously low, be careful. Generally speaking, loan companies treat most borrowers equally. A formal loan company will sign a formal contract with the borrower, which will indicate interest, fees, repayment information and so on. The contract must be signed by the borrower himself before it can take effect.