Recently, loans have brought many problems, because those who need loans can go to regular banks to avoid various problems in the later stage and bring a lot of inconvenience and trouble to your life.

How to tell whether a loan company is formal?

First, the fees charged before loan approval are all liars. As long as they are regular lending institutions, they will not charge any fees to the applicants before the loan is approved. Because, even if the handling fee or interest is needed, it will be evenly distributed in the subsequent installment repayment. Therefore, you should pay before approving the loan and leave immediately.

Second, the loan interest rate is relatively formal. The loan interest rate of lending institutions will be adjusted according to the benchmark interest rate of banks, which is generally not lower than the loan interest rate; It will not exceed four times the interest rate of these loans. If it is higher than this number, it can be identified as usury. If it's too low, there must be something fishy, because the wool is on the sheep, so I'll give you some sweetness first, and I'll definitely have to make it up later.

Third, we must find a lending institution that needs face-to-face signing. According to the requirements of the CBRC, both banks and other formal lending institutions must implement the face-to-face signing system. Moreover, the location of the interview should be within the company of the bank or lending institution.