What is a fortune loan and what is it used for?

Wallet Life calculates its revenue through the weekly and monthly business model and operating data of merchants, and provides "Zhaocai Loan" for merchants without collateral to help solve financial problems.

Go to or search Weibo for P2P financial management and online lending, or Internet finance, and you will understand what I said.

First, last year, it was revealed that more than 100 Internet financial platforms had collapsed, and most of them fled with money. Online lending is profitable, high interest rates are forcing people to death, and there are countless bankruptcies.

Second, all online financial management and borrowing nowadays, without physical stores and companies, are very dangerous to run away at any time. At the same time, you can't prevent it, and you are also pitted to death, and you can't get them.

Third, every time you are greedy for high interest, others are worried about your principal. So whether you want to make money or use money comfortably, don't touch online finance. You can't stand it.

Here's a guy who has been deceived by online money management and warns you at the same time.

You have been deceived in financial management, someone has deceived you to help you recover money and been cheated, that is even worse, I have also experienced it personally, I have lost all my money, this thing cannot be believed, I am reminding those who want to go to the Internet to manage money every day.

Zhaocai Loan is a platform for loans.

Zhaocaitong is a consumer installment loan product launched by China Merchants Bank. This product is mainly aimed at customers who have consumption needs but cannot pay for a one-time banquet for the time being, and can be used to purchase installment payments including Biyindian, digital products, travel, etc. The advantages of CMC installment loan are:

1.Borrow and repay at any time: Customers can flexibly adjust the repayment amount and repayment date of each installment during the installment repayment period according to their actual situation.

3.Support a variety of repayment methods: The repayment methods are flexible and diverse, and customers can repay the loan through mobile banking, online banking, counters, telephone and other channels.

4.Low interest rate: Compared with other consumer installment loan products such as credit card installment, the interest rate of Zhaocaitong is more favorable.

It should be noted that although CMC is a consumer installment loan product, customers still need to have a certain credit score and proof of assets before they can be successfully approved. In addition, although installment shopping solves the current consumption demand, it is also necessary to pay attention to reasonable financial planning and not exceed the scope of your own affordability.

Zhaocai Loan is not a loan product launched by a bank, but a credit loan under Wallet Life. The customers of Zhaocai Loan are merchants who use the wallet merchant app to solve the problem of capital turnover for them.

If you want to apply for a loan online, borrowers can choose the most suitable online loan platform from the following points:

1) Application conditions of the platform. As long as the loan is issued to the borrower, the lending platform will face the risk that the loan will not be recovered. In order to reduce the risk of borrowing, formal loan platforms will review the borrower's personal credit and repayment ability.

The loan platform's review requirements for borrowers are the application conditions of the loan platform.

If the loan platform claims that you don't need any conditions to apply for a loan, there is a high probability that this loan platform will be **.

2) The background of the platform. If the borrower does not know the specific situation of the loan platform, then the borrower had better choose to apply for a loan in those loan platforms with a better background. Because these background companies have used their own credit to guarantee the loan platform when they launch the loan platform, the security of the loan platform can be guaranteed.

3) Whether the platform charges in advance. As long as it is a regular loan platform, Shenda will not charge any fees to the borrower before the loan is received. If a lending platform asks borrowers to pay fees in advance before making a loan, then there is a high probability that there is a problem with the lending platform.

Summary. It is legal, after all, Zhaocai Loan is backed by a big platform, and the interest rate is much lower than that of its peers.

Is Fortune Loan Legal? Is the interest rate high?

Hello dear, please wait, thank you for your consultation, your question I have seen the chain, we are sorting out the answer, please be patient and wait under the bridge, thank you! It will take time to sort out the materials, and we apologize for any inconvenience caused, thank you! Due to the large number of inquiries now, I will answer them one by one and query and summarize the data for you, please be patient.

It is legal, after all, Zhaocai Loan is backed by a big platform, and the interest rate is much lower than that of its peers.

Do you have any other questions, dear, your problem description is not detailed, and the information here cannot be queried, please answer.

I hope mine can help you, give a like if you are satisfied, you can also follow me, and you can go straight to the thick and click on my avatar to consult me in the later stage. When traveling outside, pay attention to the epidemic and prevent the stool key protection, I wish you a happy life!

Method Step 1:

Method Step 2:

Click "I want to activate".

Method Step 3:

According to the actual situation, apply for "recruiting small wealth" or "recruiting big wealth".

Method Step 4:

Submit your application and wait for the loan to be disbursed!

Method Step 5: Repay!

You can apply on the official website of Wallet Life.

2) Prepare ID card, business license, bank card;

3) Submit information, review, and disburse!

The loan is fast, if you expect it then you are finished, it is better not to borrow.