Check whether the company is formal first.

First of all, when you go to a loan company, you must first see whether their business licenses are complete and whether you can provide them for inspection. I read their business licenses again, but also their registered capital. Companies with a registered capital of less than 1 million are basically unreliable companies, so don't think about it. Loan companies with a registered capital of more than one million can have a look. If the registered capital is 1 100 million, it can be determined that this company is a very formal loan company for a long time. You can borrow money from this company.

Look at the source of funds

When making a loan, the first thing to look at is whether the company's source of funds is reliable. If the source of funds is unclear, then we should also pay attention to prevent irregular and unclean loan companies. Especially those loan companies that claim to be open 24 hours a day are mostly unreliable. No formal loan company is open 24 hours a day, and formal loan companies have fixed working hours.

Don't pay any fees before the loan.

Formal loan companies don't have to pay any fees when they borrow money, but only when they lend money. Small loan companies that start charging fees in various names when applying for loans must believe it. There are also loans with simple procedures, loose data review and attractive loan interest rates, which are also very unreliable and unbelievable.