China Merchants Bank flash loan requires phone verification

After submitting the application for Flash Loan, if manual verification is required, you will receive the text message "Dear Mr./Ms. **! Our bank needs to verify the "Flash Loan" loan application information with you. We will contact you later via 0755-88815555, please keep the phone open."

If the text message is not received, the loan will be released in 5-10 minutes.

Warm reminder: The review phone number will contact you within 24 hours after you apply. If you receive a call from 0755-88815555 to verify the authenticity of the loan, the loan will be arranged as soon as possible after confirming the information. Please keep the phone open and wait patiently.

If the loan has not been released, please call 95555 from 8:30-18:00 and select 3 personal customer service-3-9 to enter manual service verification. Click to apply for a flash loan. After filling in the information, if the credit check is passed, a phone call will be made to you within half an hour. Just ask about your work status and whether you are applying for these in person. After the phone review is passed, the loan will be disbursed within half an hour. Text message down. The approval time is very fast. High efficiency.

Flash loans can be repaid at any time, but they may not be borrowed at any time. For example, if the quota is 100,000, you take out all 100,000, use it for half a month, and then pay it back. It only counts half a month’s interest. If you want to take it out again after it goes in, you will have to check your credit score, and you may not be able to take it out again! ! This is a pit. My friend has a full quota of 300,000 and thinks he can use it at any time. If you have money, pay it back in advance. I wanted to use it for turnover later, but the loan failed. Many products that can be borrowed and returned actually have this problem. It's like borrowing money. As you use it, the limit is gone, which catches people off guard. This is called loan extraction.

After borrowing this loan, Flash Loan will check your credit through post-loan management at regular intervals to see which loans have been taken out recently, whether they are overdue, and whether there are any high-risk actions. Do you often swindle your credit cards over and over again? When risk control determines that you are a high-risk customer, the credit limit may be recovered. So borrowing at will is both an advantage and a disadvantage. Because when you use it, you may suddenly run out of quota.

Compared with other banks, the interest rates of flash loans are actually relatively high. People who work in high-quality units, such as teachers, doctors, civil servants, or people with a very high provident fund base of more than 20,000 to 30,000, can be granted an annual interest rate of 4-5, otherwise the annual interest rate is generally more than 8. Some friends will be assigned coupons, and the interest can be reduced to about 5 after the discount. If there are no coupons, it is better to get a credit loan from another bank. Provident fund loans, salary loans, etc. For example, the interest rates of the five major banks, Shanghai Pudong Development Bank, Bank of Beijing, and Rural Commercial Bank are all pretty good.