At present, there are not a few people with poor personal qualifications, so many people can find a formal microfinance company without looking for a bank to find a loan company. It's hard to imagine if they didn't find the consequences. So how can we find a formal microfinance company?

1; Microfinance companies are all formal and will be certified by the industrial and commercial departments. They have also been approved by the provincial financial offices, and borrowers can call the relevant departments in the place of registration to verify the situation. Only do business in the registered place, and it is impossible to do business across regions. So, if you hear that some companies can do business all over the country, nine times out of ten you are a liar.

2; The borrower of a microfinance company must provide detailed information such as property status, work and income, communicate with the borrower face to face when examining and approving the materials, and conduct on-the-spot investigation on the residence and work place provided by the borrower. The audit of fake companies will be much simpler, and there will be no field visits and face-to-face communication. Most of them only need to provide an ID card.

3; Formal small loan companies will not charge any fees before formal payment.