Similar to micro-loan loans, Mi Jinrong belongs to online loan products, and the deduction is a handling fee, not an online loan deduction.

At present, the repayment after loan is usually automatically withheld by the bank. Why can banks deduct money? Because you checked the authorization when you borrowed money, the online lending platform allows banks to deduct money from your account on your repayment date. If the money is not deducted successfully, the loan can be deducted many times or even for many days in a row.