First, judge whether the loan is legal and compliant through the annualized rate. As long as the annualized rate exceeds 24%, it is not protected by law, and then the loan contract is invalid and the law does not recognize it. In other words, it is a black-hearted loan, collectively known as usury. There are countless wealth management products in the market, and the annualized rate is generally% 13-%22. It is rare to see an annualized rate of more than %24. Therefore, it is the most direct and convenient way to distinguish whether the loan APP is legal and compliant, and whether it belongs to usury can be judged by the annualized rate of its loan.

Second, judge whether the APP is legal and compliant through the loan fee. General loan software will be included in the loan? Equal interest, equal principal and interest, interest before principal, interest before principal. ? The above are just loan methods, and lenders can choose according to their repayment conditions and economic conditions. General loan apps will choose to eat interest before, during and after lending. I usually have a chat interest or something. If the handling fee and service fee are ***300 and the borrower borrows 10000, then the actual amount is only 9700. If the service fee is specified in the contract, but there is a big gap between the money actually received and the service fee to be paid, assuming that the loan is 10000 and the service fee is actually 7000, the total * * * should still exceed the principal and interest. Fortunately, I have worked in a loan company, and it is best to choose some well-known formal platforms for loans, such as Jingdong Finance, ZFB Lending, Bai Hua and so on.

Third, loans are risky and loans must be cautious. Some apps will need to check the credit information before the loan, so as to deduct the handling fee or service fee. However, anyone who deducts money to help check the credit information before borrowing will be dealt with falsely. Because checking credit information is free, fair and just. There is a charge for checking credit information on your platform. It can be said that such an APP is hot even if it borrows money. So we still choose a formal institution, a formal and legal APP. If it really doesn't work, the bank is relatively safe and reliable. Remember not to be blinded by the loan amount and various interest rates, perhaps usury or black credit. Welcome to discuss the supplement! Welcome attention!