PICC Consumer Finance is a financial product provided by PICC China, which can provide users with different loan services, such as owner loan, owner loan, credit card loan and life insurance loan. When handling loans, different loan types need different conditions, and different loan types give different credit lines.

When applying for a loan, the credit line will be determined according to the bank's running water, provident fund and insurance policy. Submitted by the user. After handling the loan, the user must repay the loan on time, and there can be no overdue repayment, because overdue repayment will generate penalty interest and the burden of subsequent repayment will increase.

When the loan cannot be repaid on time, it will also affect the borrower's credit reporting, resulting in poor credit reporting. After the credit information deteriorates, it will affect the subsequent application for various loans, such as car loans or mortgages. In fact, when the loan cannot be repaid on time, users can borrow money from friends around them, which can avoid overdue.

PICC generally refers to China People's Insurance Group Co., Ltd., which is a comprehensive insurance (financial) company. It owns more than ten professional subsidiaries such as PICC P&C Insurance, PICC Assets, PICC Health, PICC Life Insurance and PICC Investment. 20181165438 China People's Insurance Group Co., Ltd. was listed on the Shanghai Stock Exchange.