Many friends may not have heard of the cash wallet developed and operated by Shanghai ITiaobao Financial Information Services Co., Ltd., but it doesn’t matter. Seeing this means that you have heard about it. Let me briefly explain to you the questions you have about how long it will take to review the cash wallet and whether it will be submitted to the credit bureau.

How long does it take to review if you borrow money from the cash wallet?

If it is the first time you use the cash wallet to borrow money, the platform will wait 3-5 working days after you submit the application. Complete the review within 3 working days;

If you are a regular customer of Cash Wallet, the platform will complete the review within 3 working days after you submit the application. Before submitting the application, pay attention to check whether your information is complete. You must upload basic information. In addition, you can upload any available information, which can increase the approval rate.

I don’t know if the cash wallet is currently on the credit bureau? What will happen if I am overdue?

The cash wallet is on the credit bureau. When you sign an electronic contract with the cash wallet Once it takes effect, the platform will call you to repay when it is due. If you repay overdue, the platform will initially deduct the overdue fee incurred by your overdue payment and notify you of repayment, and upload your information to the People's Bank of China. Record that if you continue to fail to repay, legal proceedings will be taken in serious cases, which will greatly affect your creditworthiness.