Reliable. This Fenqile loan platform is still trustworthy. It is a relatively formal loan platform. It is mainly targeted at college students and some white-collar workers and can be used with confidence. To apply for installment, you need to fill in your personal information, which must be true, and then apply for an order and wait for review.

The platform is a formal platform and not bad. The problem lies in the software. If you want to add a new bank card for repayment, there is a high chance that you will see a "payment system update" prompt, resulting in the inability to repay on time. At this time, you will also receive countless debt collection calls and even debt collection emails from all over the country every day.

Fengqile was initially used to provide installment loans for college students. It also provided loans. I used it when I was in college. Compared with other online loan platforms, this software is quite conscientious. Fenqile and Huabei are two completely different models. Fenqile is a loan platform, and Huabei is a mechanism similar to a credit card where you spend money first and then repay later.

Fenqile is an installment shopping mall and financial service provider targeting college students, providing installment loans and repayment services for college students. Last year, Fenqile received US$100 million in financing led by DST, a Russian venture capital institution that had also strategically invested in JD.com before. On this platform, college students do not need a credit card. They can consume first and pay later with just their student ID card, and support zero down payment.