Xiaomi Finance is a personal integrated financial service platform under Xiaomi Company. Generally speaking, it is a software that provides services for everyone around a personal financial need, but its services include but are not limited to investment and financial management, securities, loans, insurance and so on. The main business scope involves internet micro-loans, as well as mobile payment and internet insurance. It has successively launched independent software such as Xiaomi Financial app, Xiaomi Loan app and Xiaomi Wallet app.

In fact, overall, Xiaomi financial loan is still relatively reliable. At present, the interest of Xiaomi loan is 0.05 per day, which is calculated only on the same day, not on the repayment day. However, if there is no repayment after the repayment date expires, there will be penalty interest, including principal and interest, which will be charged at 0.5 times of 65438+ original interest, that is, 0.75% per day.

In fact, Xiaomi Finance, as a financial product of Xiaomi Company, is definitely reliable, because it belongs to Xiaomi Company after all and is indeed a very good company, so you can rest assured in terms of reliability, except that the loan interest of Xiaomi Finance is higher than that of banks, so if you can accept their loan interest, then you can borrow.

Xiaomi is a company that makes a fortune by making mobile phones, so in the field of internet finance, Xiaomi can be regarded as a novice among novices, so Xiaomi needs to learn a lot about these loan businesses, credit problems, risks and so on, and has a long way to go. Moreover, compared with Alipay and Tenpay, Xiaomi's ability to avoid risks is still relatively weak. After all, he has not been established for a long time, and he is not particularly skilled in this thing. ?