The essence of WeChat flash loan is to use the credit card limit as collateral to issue loans. That is, after passing the flash loan, the corresponding credit card limit must be frozen, which is equivalent to transferring the credit card limit to a debit card, which is essentially the same as Withdraw funds via credit card, but there is no limit on the amount and the interest rate is lower.

If you successfully borrow 1,000 yuan from Flash Loan, then the credit card reported when borrowing will have 1,000 yuan frozen as a guarantee. Flash loan process:

1. Click on the homepage of the Lightning Loan WeChat menu---I want to borrow to enter the loan page.

2. First enter the loan amount to calculate the borrowing fee, and then you need to select a cash card. If you have not added a cash card, you can directly enter the card number. The cash card will be your default cash card when borrowing money. It is recommended to choose a commonly used bank card; the cash card must be a debit card.

3. Choose to use the credit limit;

4. First pass the real-name authentication of Lightning Loan, and then add a credit card as a guarantee card. After the guarantee card is successfully added, enter the advanced authentication.

1) Advanced authentication requires authorization of Sina Weibo account for enterprise authentication;

2) Weibo authorization and enterprise authentication can be performed at the same time, or only one authentication can be performed;

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3) Advanced certification requires the use of your real information. Modification of information is not supported after passing the certification;

4) After completing the information, click the Calculate Credit Limit button to obtain the credit limit.

4. After verifying that the loan amount is correct, click the OK button. If the information is true, the loan will be successful.