What is Micro Loan? It is easy to understand by looking at these 7 points

In recent years, there have been many online loan platforms on the market, and here are three formal and reliable credit loan products, namely Borrow, WeLoan, and Du Xiaoman Finance.

The borrowing in Alipay is a borrowing service for personal consumption. It is understood that the daily interest rate of borrowing is between, and the maximum amount that can be borrowed is 300,000 yuan.

WeLoan is an Internet microfinance product launched by WeBank, which has been launched on QQ and WeChat on mobile phones. The maximum amount of micro loan is 300,000 yuan, with interest calculated on a daily basis, and there is no penalty for early repayment.

Du Xiaoman Finance will effectively implement the call of the state to support small and micro enterprises to tide over the difficulties, and its credit service brand has the money to spend to fully support the production and operation of small and micro enterprises. It is reported that seventy percent of the credit users of Du Xiaoman Finance are small and micro business owners. Up to now, Du Xiaoman Finance has joined hands with dozens of financial partners to issue hundreds of billions of yuan in loans to small and micro business owners.

These three big-brand loans all have the advantages of easy application, low interest rate and fast disbursement.

WeLoan is a money lending platform on WeChat, when you usually use the WeChat payment function, you can see on the My Wallet page, there is a "WeLoan Loan" icon, but many people don't know what WeLoan is. So next, I will give you a detailed introduction, so that you can clearly understand.

What is Micro Loan?

From this sentence, the following points can be drawn:

1. Micro loan is a loan product;

2. WeLoan is a formal banking product, and WeBank is the first private bank in China to open with a certificate;

4. WeLoan can only be applied through WeChat or QQ, and it is a gradual invitation system, not everyone's WeChat or QQ can see the entrance of WeLoan to borrow money, and without the entrance, you can only wait patiently to be invited, and do not support any manual active intervention to open;

5. Micro loans can only be used for consumption, and cannot be used for buying houses, investment, ** and other illegal ways;

6. The minimum amount borrowed is 500 yuan, and the maximum amount will not exceed 200,000 yuan;

7. The borrowing amount can be recycled, that is, after the loan is paid off, the borrowing amount will be restored to the original amount, and the money can be lent out again.

In addition to the above, WeLoan can also provide 7*24 hours of year-round borrowing service, borrowing and repaying at any time, daily interest, the daily interest rate range is clear, open and transparent, without any routines, even if QQ or WeChat is stolen, it can also timely close the Weparticle Loan borrowing function to ensure the safety of funds, and you can call 95384 manual customer service in case of any problems**.