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Is the failure rate of new orange excellent loans high in 2022?
The loan failure rate of New Orange Premium in 2022 is not high.

Generally, if you pass the audit, you won't be unable to get a loan.

New Orange Premium is an online loan platform jointly operated by Jinzhong Longxin Internet Microfinance Company and Liu Xin Big Data Company.

Jinzhong Longxin Internet Microfinance Company is a member of Shanxi Microfinance Association. Liu Xin Big Data Company is a data company invested by 360, Softbank and PICC Capital. On the whole, the platform strength of the new orange premium product is relatively general, which belongs to the medium level.