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Is Speed ??Financial Loan a formal loan?

Yes.

1. Legal compliance: Regular speed finance loan service providers must comply with local laws and regulations, including but not limited to financial supervision, consumer protection laws and related anti-money laundering regulations, which means that the company must Registered with a government agency, has a legal business license, and its business operations comply with regulatory requirements.

2. Transparency: Formal speed finance loan services provide completely transparent loan terms, including interest rates, fees, repayment plans and their fees. Borrowers can make money without any hidden fees or misleading terms. , clearly understand the responsibilities assumed.