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Is the loan that Rong wants to use legal?

Formal. Rongxiang Loan refers to Rongshu Loan, which is a loan platform under Bairong Financial Services.

Rong Xiangyong Loan is a financial credit smart selection platform launched by Guangzhou Shurong Internet Micro-Loan Company. Its business scope and operating procedures comply with relevant laws and regulations.

Rong wants to use loans to cooperate with thousands of financial institutions such as Industrial and Commercial Bank of China, China Construction Bank, Bank of China, Bank of Communications, and Postal Savings Bank of China. So Rong wanted to use the loan formally.