1, qualification
Any formal enterprise must be qualified, so you must check whether the online loan company has relevant certification qualifications, website network filing, formal contact information, and even award-winning certificates. The entity company should post these contents in a prominent position, or you can consult the staff to obtain them. The online loan company will announce them in the introduction, and you can check the authenticity according to the keywords.
2. Apply thresholds
Although the threshold of online lending is low, you must have certain application conditions to apply. Any company that requires you to pay deposit, handling fee, document and paper fee, people's bank credit fee, inspection fee, agency fee, etc. The previous loan may be fake. In addition, check the contract carefully before lending, don't sign the documents casually, and don't trust the verbal promises of the other party. Only when it is implemented on paper will it have legal effect.
3. Interest rate
According to the Private Lending Law, the part whose interest rate exceeds 24% of the annual interest rate will not be supported, and the part exceeding 36% must be returned. If the part between 24% and 36% has been paid, there is no need to return it. Simply put, those with an annual interest rate of more than 36% belong to usury, so don't borrow them.
4. Word of mouth
Whether online or offline, there are always some people who have applied for the products of this online loan company, so we should make more use of resources to understand the reputation of this company.
Remind everyone that online lending companies are mixed. Don't easily submit personal data to apply for a loan. Once the repayment is overdue, it is easy to be violently collected and the address book is exploded.