(1) The subsidiary bodies are safe and reliable.
360 IOU is a credit technology service brand under Qifu Technology. It was established with the approval of China Banking Regulatory Commission, with a formal financial license, and is supervised by China Banking Regulatory Commission. Relying on 360 big data, according to the comprehensive consideration of credit risk, payment habits and consumption situation, users are granted different consumption quotas.
(2) The credit management mechanism is sound.
360 IOUs have been docked with the central bank's credit information, and a loan meeting has been opened to inquire about credit information. In the user's personal credit information report, the inquiry record will be left in the name of loan approval, and the relevant loan and repayment records will also be reflected in the credit information (if the repayment is overdue, it will also leave a bad record on personal credit information, which will affect personal credit).
(3) The sources of funds are clear.
The employers of 360 IOUs are matchmaking banks and regular licensed financial institutions, with safe sources of funds, including Bank of Ningbo, China Everbright Bank, Bank of Communications, Jinshang Bank, China CITIC Bank, Minsheng Bank, Nanjing Bank and BOC Consumer Finance.
(4) The interest charge is reasonable.
The annualized comprehensive interest rate (simple interest) of 360 IOUs starts from 7.2% (the actual interest rate is subject to the system approval result), that is, the daily handling fee for borrowing 1 0,000 yuan is 1.2 yuan. It can be seen that its interest rate is at a normal level, and there is no illegal charging of high interest rates or extra fees.
(5) Eligible to borrow money.
To apply for a loan in 360 IOUs, there are certain application thresholds, and the requirements are as follows:
1, at least 18 years old and no more than 55 years old;
2. Hold a valid Chinese identity document;
3. Temporarily refuse to provide consumer installment loans to college students.