Is cash loan a regular company?
1. Background: The funds of the cash lending platform are deposited by Huaxia Bank, which is still guaranteed, and the products of the platform are purely online. By the end of 20 19, more than 300,000 users had been matched.
2. Offline interest: Cash loan is a small platform, which is about 2000-5000 yuan offline. As far as the official interest rate is concerned, for example, if you borrow 5,000 yuan from a cash loan and use it for one month, the interest you need to pay is 5,000 * yuan, and the annualized interest rate is 36%, just on the edge of the red line.
3. Application/Approval: The application conditions for cash loans are very simple. As long as you are a mainland citizen aged 18-30, you can apply as long as your credit information is good. Mobile phone operator certification and work certification are required in the application process.
In addition, there will be a return call during the audit. Pay attention to the answer, mainly to check personal information and loan purposes, and it will arrive in about 2 hours.
4. Credit investigation: Cash loan is for credit investigation.
The above is about "Is cash loan a regular company?" The answer, I hope to help everyone. As a short-term small loan platform, it is still possible to turn losses into profits.