Compared with traditional loans, online loan processing is more convenient and faster, and the review conditions are more relaxed. However, when applying for online loans, we must look at the loan interest rate and the qualifications of the loan company.

The choice of online loan depends on the background of its platform. If its platform is supported by well-funded entities and its staff have long-term experience in bank credit, its risk will be relatively reduced. If you have the conditions, you'd better choose a formal financial institution, and don't be greedy and cheap.

In the network loan, we should pay attention to several matters:

1. First of all, formal loans do not need to pay deposit or interest in advance, and withholding interest is also against relevant laws and regulations;

2. When choosing an online lending platform, if the other party directly or in disguised form requests to pay the "pre-loan fee", which does not meet the relevant regulations, be vigilant;

3. Secondly, regular small loan companies generally do not engage in cross-regional loans;

4. In addition, it is best to know the real situation of small loan companies behind the platform before lending to prevent being deceived.