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What does it mean to auction the loan in advance?
It is only after we submit a loan application to the bank that buyers can know their loan amount in advance.

According to the information of official website and Xiaohongshu, Paipai Loan is an Internet financial platform with the qualification of "financial information service" specially approved by China's industrial and commercial departments. Pre-approval means that after we submit a loan application to Paipai Loan, we can know in advance what our loan amount is.

Auction loan has been running stably for more than 7 years, and an efficient, honest and transparent internet financial platform has been established with advanced concepts and innovative technologies.