From the company background: 360 Loan is an unsecured pure online consumer credit platform launched by 360 Finance. Based on 360 big data, it evaluates customers' credit as a whole and provides instant cash loans on this basis.

From the nature of the platform: relying on the data, flow and technical advantages of 360, 360 IOUs are positioned as a financial technology platform in the field of consumer loans and become a technical link between high-quality borrowers and financial institutions for loan services.

From the perspective of platform positioning: 360 borrows and cooperates with multi-party financial institutions to enhance the customer acquisition ability and data risk control ability of financial institutions in the field of online lending. It allows borrowers with good credit qualifications to obtain low-cost loans.

Extended data:

Is there a credit report for the 360 loan?

When the borrower applies for a loan with 360 IOUs, the platform will ask the borrower to authorize the inquiry of personal credit report when viewing the loan contract. Therefore, the 360 loan is for credit reporting. At the same time, 360 IOUs will also give corresponding loan credit lines according to the borrower's credit information.

If the borrower is overdue in the 360 IOUs, it will not only face the consequences of penalty interest, but also the good records in the credit information system will be destroyed, and the credit rating on the 360 platform will also decline, which will not be worth the candle.