First of all, you have to see if it charges in advance. Formal lending companies charge a certain fee and interest after lending. As long as they charge fees before lending, they are cheating.

The application conditions for preferential loans are: the applicant is between 20 and 60 years old, and the materials to be provided include ID card, real-name mobile phone number, bank card, emergency contact person, etc. And you don't have to mortgage, and you don't have to check the credit. The maximum loan amount is 50,000 yuan, and the initial loan amount for the next period is generally between 1 1,000-3,000 yuan.