Online micro-loans are real. To apply for a loan, you mainly need to find a local regular loan company to apply for a loan online. Because loans are subject to regional restrictions, local loan companies will also display reminders such as "only accept loan applications from this area" and "not accept loan applications from outside this area." After submitting the loan application online, if the applicant meets the loan conditions applied for, the loan company will call or send a text message to apply, submit the loan information in person, and sign the loan contract in person.

However, when applying for a loan online, everyone should also beware of scammers. Nowadays, scammers are becoming more and more sophisticated. When applying for a loan, it is recommended not to believe it if it is an out-of-town loan company. At the same time, regular loan companies will not require applicants to pay deposits, insurance premiums and other fees before lending. Don’t believe it if the loan company doesn’t have a fixed contact number and office address.

Although applying for a loan online is very convenient, there are still some risks. Therefore, it is recommended that you still choose a formal loan institution for processing, and be careful not to be careless to prevent you from encountering a scam.