The reason why Gugu Wallet has been under review is because the review takes a certain amount of time. Some time periods are longer, so you need to wait patiently. The loan product of Gugu Wallet still has relatively low customer qualification requirements. , especially for customers with normal use of credit cards, the chargeback rate is very high.

Qianjia Gugu is a credit product operated by Tianmian Information Technology (Shenzhen) Co., Ltd. Now Qianjia Gugu has opened an independent application entrance. The maximum loan limit that can be applied for is 50,000 yuan. The use period is the same as a credit card. There is a payment date and a billing date, and then you can repay on the billing day. , the daily interest rate is around 0.02-0.05. For details, please refer to the APP display when borrowing.

Qianjia Gugu is actually equivalent to a virtual credit card, which is somewhat similar to the previous products such as Xiaoying Yaqianhua and Xiaoehuahua. Most of the lenders displayed after opening are Bank of Shanghai. As a partner, Qianjia Gugu is also a credit product that checks credit information. However, according to actual tests, even if the credit information is very expensive, there is still a chance to successfully place a payment. The whole process is automatically approved by the system, and there is basically no call back. The approval results will be available soon after the application is submitted. After passing the review, you can bind WeChat or Alipay for consumption.

Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds according to certain interest rates and must be returned. A simple and popular understanding is borrowing money that requires interest. Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development; at the same time, banks can also obtain loan interest income and increase their own accumulation.

The "Three Characteristics Principle" refers to safety, liquidity, and efficiency. This is the fundamental principle of commercial bank loan operations. Article 4 of the "Commercial Bank Law of the People's Republic of China" stipulates: "Commercial banks shall take safety, liquidity and efficiency as their operating principles, implement independent operations, bear their own risks, be responsible for their own profits and losses, and self-discipline."

1. Loan safety is the primary issue faced by commercial banks;

2. Liquidity refers to the ability to recover loans within a predetermined period or to liquidate them quickly without loss, satisfying customers The need to withdraw deposits at any time;

3. Efficiency is the basis for the bank's continued operation.