The 360 interest-free loan is true. 360 loan interest-free is for new users, and new users can get interest-free for up to 30 days. 360 loan interest-free is not full interest-free, but interest-free in some periods. The 30-day interest-free period is divided into 1 period, but 12 period, and only the first month is interest-free.

Although the interest-free loan of 360 IOUs can only be used for the first month, 360 IOUs is indeed a benefit for letter users. New users can not only get the first interest-free coupon in 30 days, but also get the corresponding red envelope. The interest rate of 360 IOUs is still relatively low, and the daily interest rate is only 0.027%. 360 IOUs will score the applicant's credit. If the applicant has a good credit and meets the loan conditions of 360 IOUs, 360 IOUs will make a payment within 5 minutes, which is still very fast. 360 users will also issue a credit line from 500 yuan to 200,000 yuan according to the applicant's qualification.

It should be noted that 360 IOUs are connected to the personal credit information system. This means that 360 IOUs, like banks, have a three-day grace period for users to repay. If the user does not take the initiative to contact 360 customer service within the grace period and does not return the arrears, 360 IOUs will upload the overdue record of the borrower to the personal system of the central bank. Once the personal credit record is overdue, the consequences will be very serious, which will directly affect the repayment of loans and credit cards in the future.