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Is Xiaomi loan reliable?

Xiaomi loans are reliable.

The Xiaomi loan product was first launched in September 2015. The product is positioned as a small credit loan product. In the early stage of the launch, Xiaomi loan was only available to users of Xiaomi mobile phones and Xiaomi Mall, which was relatively limited. . However, with Xiaomi’s continuous development in recent years, Xiaomi loans have become open to mass users.

In terms of interest rates, the daily interest rate of Xiaomi loans is as low as 0.03. The actual interest rate of the borrower is determined by the evaluation of Xiaomi loan system. There is no loan interest for Xiaomi installments, but installment fees need to be paid. The fees are different for different periods. Generally speaking, Xiaomi loan interest rates are higher than bank loan interest rates and are at a medium level among online loan platforms.

Judging from the news released by Xiaomi Finance, Xiaomi Finance is a comprehensive personal financial services platform under Xiaomi Corporation. According to the latest Fortune 500 ranking, Xiaomi has been in business for less than 9 years. The company has successfully entered the Fortune Global 500, so in terms of platform background, Xiaomi Loan is still very reliable.

Notes:

1. The size of the loan depends on the individual’s financial needs. Before taking a loan, you need to consider your financial repayment ability to avoid excessively high repayment amounts in each period. Too much pressure.

2. The purpose of the loan must be legitimate. If the lender knows that the borrower is engaging in illegal activities such as gambling, fraud, buying drugs or firearms and ammunition, such lending behavior is prohibited by relevant laws. To protect, illegal or unlawful lending.