Renrendai is a senior online lending platform, with a comprehensive ranking at the forefront of the industry and has been operating stably for more than seven years. As one of the earliest Internet-based P2P lending service platforms in China, Renrendai has a very good user reputation and industry influence. If you want to borrow money through Renrendai, it is a good choice. But what are the conditions for applying for a Renrendai loan? What information do I need to prepare? Knowing this, the review will be faster and the loan limit will be higher~

1. Product introduction

First of all, let me introduce to you the product features of Renrendai: the loan limit is 10,000-100,000 Yuan, the loan period is divided into 12/24/36 months, the review can be completed in 10 minutes at the fastest, and the loan can be released on the same day. After the Renrendai platform evaluates the user's comprehensive credit status, users with different credit levels are matched with different rates: the lowest monthly rate for first-class credit is 0.78%, the lowest monthly rate for second-class credit is 1.7%, and the lowest monthly rate for third-class credit 1.9%.

2. Necessary conditions for borrowing

To borrow from Renrendai, you must meet the following five conditions: age, ID card, mobile phone number, debit card, and credit report. Detailed description.

Age requirements: The age must be between 22 (inclusive) and 60 (inclusive) years old

Second-generation ID card: The ID card must be valid for more than 6 months

Real-name mobile phone number: Note that you need to use your real-name certified mobile phone number to register

Debit card: A designated bank first-class account debit card in the applicant’s name

The currently supported banks are: China Construction Bank, China Everbright Bank, Industrial and Commercial Bank of China, Bank of China, Bank of Communications, Industrial Bank, China CITIC Bank, Ping An Bank, Shanghai Pudong Development Bank, and Agricultural Bank of China

Credit report: required Submit the "Personal Credit Report" issued by the Credit Reference Center of the People's Bank of China, and the applicant must have at least one credit card or loan record

3. Borrowing credit enhancement conditions

In addition to the above loans Necessary conditions and information, if you meet one or more of the following credit enhancement conditions, you may get a higher limit~

Weilidai loan record: Having a Weilidai loan record will help increase the application limit , reduce rates, shorten review and loan time

Credit card bill: Credit card bill details for the past three months, cannot be empty

Unit information: Carefully fill in the industry and unit name updates High limit guaranteed

If you want to borrow money through Renrendai, do you meet the above conditions? Only by making full preparations in advance can you get faster speed and higher quota~