Usually, when a user applies for an online loan, the borrowing platform will ask the applicant to state the purpose of the funds. In essence, the borrowing platform will not monitor the use of the applicant's funds from time to time. Among them, CCB Express Loan can be applied through mobile banking or internet banking, and the application is not expended without interest. So, does CCB Express Loan check the usage?

Does CCB fast loan check the usage?

When a user applies for a CCB fast loan, the CCB fast loan will check the use of the user's funds. The bank monitors the user's use of fast loan funds in real time. If the use is said to be in violation of the law, then the user will receive a reminder text message from the construction bank. Currently, as long as the user can submit enough supporting documents to show that their use is compliant, then the construction will lift the state of funds wind control.

Overall, CCB Express Loan is the first big data loan product in the banking industry. If the borrower appears to be using it in a non-compliant way, CCB is able to ask the user to repay the loan in a lump sum. Of course, if said user withdraws the quick loan directly, this time CCB is not very good at monitoring the use of funds.