eBay Financing is an informal and relatively small online loan company.

The loan interest rate is set at 24%, which is too high. The state stipulates that it is illegal to exceed 24%. Then if you are overdue for even one day, you will be charged more than 50 yuan, which is a fine. There is also a backend manual customer service that can block users. It is recommended that the subject stay away from online loans, communicate with his family if there is any emergency, or choose a regular large-scale loan company.

Online lending is online lending, which refers to direct lending between individuals through the Internet platform. Overall, the online lending industry has the basic characteristics of being lighter and more decentralized than the traditional financial industry. As a new financial method, the online loan industry has unique advantages compared with traditional bank deposits and trusts. While society should have a new understanding of innovative finance, it also requires industry, government and other relevant departments to appropriately supervise the online lending industry and set thresholds in terms of company establishment conditions, management teams, fund transfers, etc. to protect lenders. The security of funds is beneficial to the healthy development of the entire industry and the maintenance of national financial stability.