1. has a business license.

Regular personal loan companies can find relevant information online. If they are fraudulent companies, they can't find relevant registration information. Therefore, if you are a little skeptical about whether the lending institution is formal, friends can go to the administrative department for industry and commerce to verify the authenticity.

Second, online reputation is good.

Many friends will check online when choosing a lending institution to see if it is a formal institution and if there is any serious explanation (generally subject to Baidu Encyclopedia). Platforms with very good online reputation are generally good, such as lufax, Renren Loan, Auction Loan and so on.

Third, look at the loan interest rate level.

As we all know, the interest rate of loan companies is higher than that of banks. If the loan company claims that the interest rate is very low, it may be a trap. Don't be greedy and cheap, lest you be cheated.

Fourth, don't pay in advance

As Bian Xiao also said in the first paragraph, ordinary formal lending institutions will charge a handling fee after the borrower gets the loan. You should be careful if you pay in advance. This may be a fraud agency.

Verb (abbreviation of verb) to see the loan conditions.

Generally, the information required by regular loan companies is not much different from that required by banks, but the handling process is relatively simple, so it is obviously not reliable for companies that can handle unsecured loans only by ID cards. Car buyers should think twice before making plans.