No. Bomin Kuaiyidai is not a formal loan product. It is a black online loan developed by a small loan company without qualification certificate. It does not meet national standards in many aspects and has been sanctioned by the state. As of January 5, 2024, the platform has closed down. .

When choosing a lender, conduct thorough research and comparisons. Understand the loan products, interest rates, repayment terms, etc. of different institutions, and choose an institution that meets your needs and has a good reputation.