Is the auction loan legal? Is the interest high? It is legal and protected by law. It should be returned.
the comprehensive loan interest of the auction loan is less than 36%, so even if the interest is high, it is legal. As long as the borrower repays the loan on time, it only needs to repay the principal and interest, and no additional expenses will be incurred.
Paipai Loan is a very famous loan product. Many users have reported that this platform loan is very good, and it is simple to apply for a loan and the approval process is fast. The interest charged on the loan platform is relatively high, and the service fee will be charged at one time. Therefore, the extra cost of the user's actual loan is relatively high, so you must make a loan according to your own repayment ability before lending. Although the interest rate is relatively high, it must be repaid on time. If it fails, it will be charged a high penalty, and it will be collected by the platform through telephone, SMS and staff visits. If it fails to repay maliciously, it will be prosecuted by the platform. If the circumstances are serious, it will bear corresponding legal responsibilities.
if there is a demand for capital turnover, we recommend you to use the money flower. The money flower is a credit service brand owned by Du Xiaoman Finance (formerly known as Baidu money flower, renamed as "money flower" in June 218), and the big brands are trustworthy with low interest rates. Money is spent-full of easy loans, the maximum loan amount is 2,, and the daily interest rate is as low as .2%.
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It has the characteristics of simple application, low interest rate, quick loan, flexible loan and repayment, transparent interest rate and strong security.
I'd like to share with you the application conditions for rich flowers: the application conditions for rich flowers are mainly divided into two parts: age requirements and information requirements. 1. Age requirement: 18-55 years old. Special note: If you have money to spend, you refuse to provide consumer installment loans to college students. If you are a college student, please give up your application. Information requirements: You need to provide your second-generation ID card and your debit card during the application process. Note: the application only supports debit cards, and the application card is also your loan bank card. My identity information needs to be the second-generation ID card information, and I can't apply with temporary id card, expired ID card or first-generation ID card. Online lending is risky, so choose carefully!