1. Contact information and business premises
Regular lending institutions will have fixed business premises and contact information, not a QQ number or a series of mobile phone numbers. If it is not a regular fixed landline number, it is likely to be a scam, so pay attention. When a borrower seeks a mortgage loan from a loan company, he first needs to know whether the loan company he chooses has a fixed business place. If there is only a simple loan website and simple contact information, then he is a liar.
2. Upfront cost and loan interest rate
Judging from the loan interest rate and upfront cost, "low threshold, low interest" loan products are not in line with market rules. However, in the upfront fees, usually a deposit will be charged before lending, and they need to go to the bank to handle it for you, and a handling fee will be charged after the loan is completed. On the other hand, there is something suspicious. If he wants to charge you a service fee, he is mostly a liar, so pay attention to this.
3. Acceptance area and business license
Formal lending institutions only handle local business, which is conducive to controlling credit risks, while informal institutions generally claim that they can handle national business, which is probably a means for them to cheat in different places, so we need to be vigilant. Formal lending institutions will be registered in the local industrial and commercial departments. Borrowers can log on to the website of the local industry and commerce department to check whether the loan company has been registered. It is best to visit at home.
4. Bank cooperation and loan conditions
The bank will check the loan companies that cooperate with the bank. You need to check whether they cooperate with the bank. If there is no cooperation, they are private lending companies, so you need to make an indirect investigation. If the loan company claims to be interest-free and only needs an ID card to apply for these advertisements, then the borrower will be vigilant to avoid being cheated.
Formal loan platforms usually don't charge pre-loan fees for any reason, so be vigilant when encountering them. If you need money urgently, you can consider using loans to relieve the pressure, and at the same time try your best to make money. There are many ways to apply for a loan now. You can apply for a loan from the bank by mortgage. A more convenient way is to apply for a personal credit loan. It is recommended that you choose a formal platform when applying for a loan to better protect your personal interests and information security.