1. The legal announcement of CreditEase Loan is false.
If you find that the reminder is a picture, text, etc. You can ignore them. Nine times out of ten, it's fake. In fact, many short-term online loans, with a loan term of 7 days, 14 days, are almost illegal online usury. This kind of small cash loan immediately deducts high interest, and the contract amount is quite different from the amount received. On the surface, interest is legal, but it is not.
Second, CreditEase's offline lending model has attracted many questions.
Therefore, it is not recommended to borrow from CreditEase. CreditEase is generally a tripartite contract. CreditEase Excellence Wealth Investment Management (Beijing) Co., Ltd., as Party B, is mainly responsible for assisting the borrower to complete the formalities of creditor's rights transfer and collecting service fees. CreditEase Huimin Investment Management (Beijing) Co., Ltd., as Party C, is responsible for providing the lender with borrower recommendation, loan convenience, payment management, post-loan management of lent funds and necessary collection, so as to collect relevant account management fees. Moreover, from the agreement of CreditEase, we can't see the connection between CreditEase, its founder and the borrower. However, as the legal representatives of many companies under CreditEase, the founder's role in the process is far more important than the two companies in the agreement. The capital flow here is very complicated, and it is difficult for investors to see the "doorway".
To sum up, CreditEase, as an intermediary service platform, neither absorbs deposits nor lends money, but helps borrowers to obtain credit loans from city lenders with spare money through intermediary credit review and risk control services, thus helping borrowers to obtain funds and meet the financial needs of lenders.