CITIC Consumer Finance is not a loan platform. CITIC Consumer Finance is a licensed consumer finance company, which has its own loan products and can also provide loan services for other online loans. The loan platform is a single online loan product. In terms of business scope, CITIC Consumer Finance has a wider business scope. It can not only lend money to its own loans, but also to the loan platform of its partners.

The user applied for online loan products. If the credit report shows the credit record of CITIC Consumer Finance, it means that the online loan applied by the user has just been lent by CITIC Consumer Finance. Some lending platforms are not qualified for lending, so they choose to cooperate with financial institutions with lending qualifications, including banks, consumer finance and microfinance companies.

Does CITIC Consumer Finance belong to CITIC Bank?

CITIC Consumer Finance does not belong to CITIC Bank. CITIC Consumer Finance is jointly registered by China CITIC Company Limited, CITIC Trust Company Limited and Kingdee Software (China) Company Limited.

CITIC Consumer Finance was approved by the China Banking Regulatory Commission, and it was the 24th consumer finance company to be allowed to start business. The main products of CITIC Consumer Finance include credit loans and credit loans.