2. As the Lehua Card of installment music is launched in cooperation with the bank, once the repayment is overdue, there will definitely be overdue records. In addition, you need to pay interest when using Lehua card, unlike credit cards, which are interest-free. Interest should be included in the repayment.
Expand data
1. Lele Flower Card with installment payment belongs to Lexin Company. Lexin is a leading financial technology company, which has been listed in the United States and has a network small loan license. Therefore, staged music flower garden is a good online lending platform with good strength and license.
2. At present, the loan mode of installment Lele Flower Card is pure credit mode, and the requirements for the borrower's application materials are also very simple. So everyone's personal property and personal privacy information are very safe. The handling fee for the installment loan of Lele Flower Card is within the scope prescribed by law. However, the loan cost of phased Lele Flower Card will be different because of everyone's actual situation.
1. What are the risks of Kailewaka?
1. Lehua Card is an installment payment for cooperation between Lehua Card and Nanjing Bank. Therefore, Kaile Huaka needs to inquire about the credit information, and will leave the inquiry record of loan approval on the borrower's credit information. There are too many records in this kind of hard inquiry, which will affect the credit investigation.
2. After spending with Lehua Card, Lehua Card will repay in installments according to the number of installments set by the borrower. If it is used frequently and the loan amount is large, it will easily lead to the borrower's excessive consumption and eventually inability to repay, resulting in overdue repayment, which will have a negative impact on the borrower's credit information.
3. Appropriate use of Lehua card for consumption staging, so that repayment on time is not overdue and risk-free. If the credit line is too high and the borrower's debt ratio is too high, it will be more difficult to apply for other credit products, or the loan line is low.
2. What are the requirements for the opening of Lehua Card?
1. If you want to open a Lehua card, you can log in to the installment music APP, find the "personal credit limit", click the "personal credit limit" page, see the entrance of the Lehua card, fill in the information according to the relevant prompts, and complete the review to obtain the credit limit.
2. Kailehua card generally needs to provide photos of the front and back of the ID card, photos of the hand-held ID card, bank card number and academic credentials. The loan applicant must be at least 18 years old, have a stable job or income source, have good repayment ability, and have no bad credit record in the credit investigation. The total number of loans of various financial institutions should not exceed 3.
3. If there is any risk in Kailehua Card, the most likely risk is overuse and inability to repay, resulting in poor credit reporting. Therefore, when borrowing money, we must plan the funds reasonably and don't overdue.