Cooling-off period of loans ":users borrow for the first time and repay in advance within the first 7 days without charging any fees (including interest);" In order to prevent individual consumers from abusing the right to regret, the company only provides users who borrow for the first time with an opportunity to regret.

If the consumer loan user has the right to "repay for seven days without reason" and does not have to bear any expenses, it is like having a buffer belt and a safety valve, and he can have a few days to think about whether such a loan is needed. This is conducive to safeguarding the legitimate rights and interests of consumers, creating a healthy consumer market and regulating the healthy development of the consumer finance industry. "Loan cooling-off period" is the marketing gimmick of consumer finance companies. Conventional sales methods can no longer meet the daily marketing activities, and operators can only dig their brains and come up with new promotion tactics. In fact, what if the "loan cooling-off period" is a marketing gimmick? In reality, every time merchants launch promotional activities such as "limited time snapping" and "explosive spikes", many young people are prone to lead consumption and borrowing consumption. Online shopping can be "credited" and you can borrow money by clicking on your mobile phone. Consumers are prone to impulsive and blind loans, and many young people have a heavy loan burden.