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Is Subang Financing a regular online loan company?

Subang Financing is not a formal online loan company.

Subang Installment is Guangzhou Subangdai Financial Co., Ltd. is a loan company. However, there is a lack of guarantee in terms of repayment. The following are the problems encountered by users who borrow money on this platform for reference. The user downloaded the software Suebang Installment on February 13, 2022 and successfully registered the information. He submitted a loan application. The contract was to borrow 10,000 yuan for one year, and the interest was 4,300 yuan. After the contract was submitted, the actual payment was 1,400 yuan, and the period was 7 Days, 2,002 yuan will be required to be paid back on February 20, 2022, which is against financial regulations.