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Is piggy bank online loan legal?
Piggy bank loan is a formal platform. Since its establishment, the piggy bank loan platform strictly abides by laws and regulations to prevent the interest rate from being too high. The piggy bank loan has no information to induce users to borrow on the Internet, and the interest of piggy bank loan is determined according to the borrower's comprehensive credit. Judging from public opinion, there are not many negative news about piggy bank loans, and there are not many cases of being spit out and complained. The interest of piggy bank loan is generally within the red line stipulated by law, and piggy bank loan is a formal platform legally established.

Piggy bank loans are reliable. Piggy bank loan is a platform operated by Beijing Xianyue Information Technology Co., Ltd., and now it is a member of China Internet Finance Association. Through the analysis of public information, the business model of piggy bank is innovated, which leads to high interest rate. Information disclosure is more comprehensive, so it is still reliable.

The loan interest of piggy bank is calculated according to the loan amount and loan interest rate. The loan interest rate of piggy bank official website is about 14%, which is equivalent to a loan of 10000 yuan, and the annual interest is 1400 yuan.

The above contents are for reference only, and we don't make any loan suggestions. Online lending is risky, so choose carefully!

I suggest you use Xiaoman Finance (formerly Baidu Finance) to make a loan. The borrower only needs to provide the second-generation ID card and bank card, and the age must be between 18-55. The approval is very fast, as long as 30 seconds at the earliest and 3 minutes at the earliest. The maximum loan is 200,000 yuan, and the minimum daily interest rate is 0.02%.