Xiaomi Finance is the official financial platform of Xiaomi. Xiaomi is a company that makes a fortune by making mobile phones. In the field of internet finance, Xiaomi can be said to be a "rookie", and there are many places to consider, such as loan credit, risk and fund monitoring.

Compared with Alipay's loans, Tenpay's micro-loans, and even Jingdong Financial's gold bars, the user groups are not so strong, and their risk aversion ability and fund supervision ability are weak. Xiaomi financial loan only relies on short-term user behavior information analysis, so it is difficult to effectively monitor default.

It is worth mentioning that Xiaomi financial loan will have no quota, and the quota is 0, which proves that the risk control is relatively tight. Many users have no permission to open it for the time being. Different from other Internet lending products, they can only improve their credit or their qualifications by using Xiaomi service, so as to obtain the quota.

The loan amount of Xiaomi Financial Loan APP is 100-1000000 yuan, and the mobile phone loan APP with the maximum amount of10000000 yuan is very rare, but I regret to tell you that the loan amount of1000000 yuan is generally not available.

According to the users who have successfully made the next payment, Xiaomi financial loan can be divided into several situations. If you don't have a Xiaomi mobile phone, then you can apply for a Xiaomi financial loan with your personal qualifications and credit, so the initial amount is not high, generally only a few thousand, but if you are a Xiaomi customer, for example, if you buy a Xiaomi mobile phone and use it for several years, you can borrow tens of thousands of dollars.

Moreover, as long as the repayment is made on time, the subsequent withdrawal amount is relatively fast, and the amount generally ranges from several thousand to tens of thousands.