1. Do I need to be a member to get a loan?

If it doesn’t exist, don’t believe it.

2. Is it true to borrow some money to open a VIP?

Don’t believe in software that allows you to get a loan by signing up as a member. It is true that you sign up as a member, but it may not be able to give you a loan

3. Is it useful to sign up for a loan membership?

If you are not a member of the borrowing platform, you will definitely be able to successfully borrow money if you apply for a loan as a member.

2. Specific analysis

Perhaps membership can increase the probability of loan approval to a certain extent, but success ultimately depends on the comprehensive evaluation results of the system.

Only when the comprehensive evaluation of the system meets the standards can you successfully borrow money.

If your credit is not good and the overall system score is insufficient, even if you become a member, it may be difficult to borrow money.

In fact, the role of borrowing platform members is more to provide some interest reduction discounts, deferred repayment services and other rights.

It is also important to note that some platforms that do not hold a financial license and are not very formal will deliberately promote membership and successfully borrow money to induce membership, and then make money by charging membership fees, and then the borrowing fails. Membership fees will also not be refunded.

Don’t believe it easily. After being defrauded, you can collect relevant evidence and report the loan platform to the China Internet Finance Association or the local Banking Regulatory Commission.

If you are not sure about your online loan application, you can try to get a big data report on "Xiaoqixincha", check your detailed loan records, and then confirm that it is you. For borrowing money, you should pay off all the arrears at this time and then contact the customer service of the corresponding platform and let them handle it to see if the online loan blacklist can be eliminated.

3. What are the consequences of not repaying the interest on the online loan platform if the interest rate is too high?

The consequences of not repaying the interest on the online loan platform are as follows.

1. The platform will continue to calculate interest until all the debt is paid off. The longer the borrower defaults, the more and more interest will be accumulated, and the loan will be repaid by then. The burden will become increasingly heavy.

2. Once the repayment period is exceeded and the repayment period is overdue, the system will report the situation to big data. Some are connected to the central bank credit report and will also report it to the central bank credit report. At that time, it will be reported in the credit report/big data Leaving a bad record will damage your personal credit.

3. Due to credit problems, subsequent credit business processing will most likely be hindered, and it will be difficult to successfully handle credit business in a short period of time.

4. The platform will send text messages and call borrowers from time to time for reminders. Some platforms will also call relatives and friends in the borrower’s address book, and some will outsource the reminder business to Specialized debt collection companies will even come to your home to collect debts.

However, it should be noted that if the interest charged by the platform is so high that the borrower can choose not to repay the fees beyond the reasonable range, and can also collect relevant evidence to the local Banking Regulatory Commission or China Internet The Financial Association reported the platform.

4. Is it a scam to open a membership with Umiduo Loan?

Anyone who asks you to pay money before taking out a loan is a scammer, don’t believe it.

Excuse me, are there any places where I can make complaints and feedback? I searched on Baidu. Their previous APP was called Youhuahua

If you know the name of the other company, you can go to the local market supervision and administration bureau to complain. . Another way now is to file a complaint. You said you got a membership out of nowhere, or you didn't know. If you paid by bank card, you can complain to the bank. You don’t need to think about anything else, you can try Alipay. After all, this is all our hard-earned money, and there is nothing we can do if we are tricked by them. Remember next time, it’s not just you who signed up as a member that made the payment to you, this is all a scammer’s trick.