Is the Lehua card legit, and is the Lehua card safe for what s the use?

Legal analysis: Lehua card is relatively formal, Lehua card is a loan business launched by Bank of Nanjing and installment Le, that is to say, when opening a Lehua card, it is necessary to inquire about credit. To put it simply, Lehua card is a relatively formal lending product, and it is necessary to go on credit if it is overdue.

Legal basis: Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases

Article 1 The term "private lending" as used in these Provisions refers to the act of financing between natural persons, legal persons and unincorporated organizations. These Provisions do not apply to disputes arising from the issuance of loans and other related financial services of financial institutions and their branches established with the approval of the financial regulatory authorities to engage in loan business.

Article 2 When a lender initiates a private lending lawsuit with the people's court, it shall provide proof of creditor's rights such as IOUs, receipts, and IOUs, as well as other evidence that can prove the existence of a legal relationship between loans. Where the creditor's rights vouchers such as IOUs, receipts, and IOUs held by the parties do not indicate the creditor, and the parties holding the creditor's rights vouchers file a private lending lawsuit, the people's court shall accept it. Where the defendant raises a factual defense against the plaintiff's creditor qualifications, and the people's court finds that the plaintiff does not have the creditor qualifications upon review, it rules to dismiss the lawsuit.

Article 24: Where the borrower and the borrower have not agreed on interest, and the lender claims to pay interest, the people's court will not support it. Where the agreement on interest in loans between natural persons is unclear, and the lender claims to pay interest, the people's court will not support it. Except for loans between natural persons, where the agreement between the borrower and the lender on the loan interest is unclear, and the lender claims the interest, the people's court shall determine the interest based on the content of the private loan contract and on the basis of factors such as the local or the parties' transaction methods, trading habits, and market interest rates.

Article 25 Where the lender requests the borrower to pay interest in accordance with the interest rate agreed in the contract, the people's court shall support it, except where the interest rate agreed upon by both parties exceeds four times the one-year loan market interest rate at the time the contract is concluded. The "one-year loan market ** interest rate" mentioned in the preceding paragraph refers to the one-year loan market ** interest rate authorized by the People's Bank of China to be released monthly by the National Interbank Lending Center from August 20, 2019.

The Lehua Card is a legitimate lending product and is legal.

The Lehua Card was launched by the Bank of Nanjing in cooperation with Installment Le. As long as the Lehua card can be paid with WeChat, you can use the Lehua card to pay, and you can repay it in installments.

Lehua Card is a product of the listed company Lexin, which is legal and easy to use.

The Lehua card is launched in cooperation with the Bank of Nanjing, so when opening the Lehua card, you need to check the credit information, and the loan approval inquiry record will be left on the borrower's credit information, and too many hard inquiry records of this kind will affect the credit information.

If the number of times is used and the loan amount is large, it is easy to cause the borrower to over-consume and finally be unable to repay, resulting in overdue, which will have a negative impact on the borrower's credit.

There is no risk in using Lehua card appropriately for consumption installment, so as to repay on time and not overdue, the use limit is too high, resulting in the borrower's debt ratio being too high, and it will be more difficult to apply for other credit products, or the loan amount will be low.

What are the requirements for the Lehua Card to be activated?

If you want to open a Lehua card, you can log in to the installment app, find the "personal credit limit", click on the "personal limit" page, see the opening entrance of the Lehua card, fill in the information according to the relevant prompts, complete the review, and you can get the credit line.

To open a Lehua card, it is generally necessary to provide the front and back of the ID card**, holding the ID card**, bank card number, and academic certificate, and the borrower must be at least 18 years old, have a stable job or income**, have good repayment ability, have no bad credit record, and the total number of loans in various financial institutions does not exceed 3.

If there are any risks in opening a Lehua card, the most likely risk is overuse and inability to repay, resulting in poor credit reporting, so when you borrow, you must plan your funds reasonably and do not overdue.

Lehua card is actually equivalent to Huabei, installment, credit card and the like can borrow money, the main function is that you can borrow money and use it, and you can use it immediately after borrowing it. In fact, I think it's quite safe to use the falling flower card, and it's okay to use, I think.

Consumers "anonymously" reported to the black cat complaint platform on July 6: "Green Diamond came out of an activity, saying that the newly opened Lehua card will give two months of luxury green diamonds for free, but as soon as you open the point to get it, you will immediately become an old user, and you can't get it for two months, you can only get a five-yuan coupon, the following ** proof, the time proves that it is opened today".

Lehua Card is a credit product launched by Bank of Nanjing and Installment Le for users, users can apply directly through the Installment Le app, and eligible users can get the corresponding Lehua Card limit. The amount of Lehua card can be used directly, or it can be bound on WeChat and used through WeChat. Since the Lehua Card is launched in cooperation with the bank, once the repayment is overdue, the overdue record will be reported to the credit information system of the People's Bank of China, affecting the personal credit record.

Tips: Borrowing is risky, you need to be cautious in your choice, if you need funds, you can also handle it through the official channels of our bank. Ping An Bank has launched unsecured and unsecured credit loans, as well as mortgage loans and mortgage loans for houses and cars, different loan application conditions and requirements are different, whether the approval is successful is based on your comprehensive qualifications to evaluate, you can log in to Ping An Pocket Bank APP-Finance-Loans, learn more and try to apply.

Ping An car owner loan] can get a loan if you have a car, up to 500,000.

Legal basis]:

Civil Code of the People's Republic of China

Article 675:The borrower shall return the loan within the agreed time limit. Where there is no agreement on the term of the loan or the agreement is not clear, and it is still uncertain in accordance with the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may demand the borrower to return it within a reasonable period of time.

Article 676: Where the borrower fails to repay the loan within the agreed time limit, the borrower shall pay overdue interest in accordance with the agreement or the relevant state regulations.