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Is Murray APP Liren Loan a licensed financial institution?
Meiliren's loan is irregular and illegal.

It can only be regarded as a form of private lending, not financial consumption lending.

Small loan companies without financial licenses apply for the upper limit of private lending interest rate, and the annual interest rate of loans does not exceed 15. 4%, the lending rate exceeds 15. 4% will be recognized as usury, and the annual interest rate of the due Merrill Lynch loan will reach 20%.