Which online loan is 1069?

You can't determine which online loan it is based on 1069, because the short message service starting with 1069 has a wide range, and most financial institutions will send short messages starting with 1069 in groups.

1069 is a short message platform managed by the Ministry of Industry and Information Technology, and has cooperative relations with China Mobile, China Unicom and China Telecom. Therefore, if the user receives a short message starting with 1069 to remind loans overdue, the authenticity is still relatively large.

However, this does not mean that the loan reminder message at the beginning of 1069 is 100% true. In recent years, there have been news that public security organs have cracked short message fraud cases. In May 2020, the Ministry of Public Security cracked down on the illegal and criminal activities of 1069 platform, and the public security organs of Beijing, Hebei, Shanghai and other 15 provinces and cities acted simultaneously, eventually destroying nearly 60 illegal 1069 SMS platforms.

If you receive the loan reminder information of 1069 SMS platform without knowing it, you can call the lending institution directly. Tell the basic information about yourself, and then ask the customer service if there really is a loans overdue. If the official says there is no overdue situation, then this message is basically an error message.

I suggest that when using loans, we must plan the use of funds reasonably. Develop good lending habits and avoid overdue situations. This will not only generate high penalty interest, but also damage your personal credit information.

First, the harm of peer-to-peer lending

1. Credit investigation

There are many loan records. Banks will never lend money when they see such a credit report.

2. The amount is very low

The amount of online loans is generally not high, generally only 1000 yuan, mainly short-term, with extremely high interest.

3. It is difficult to land.

People who apply for online loans think that they don't have to pay back the same thing if they borrow money. When they pay back the money, they often "rob Peter to pay Paul", looking for new ways to continue borrowing, and finally make a profit, but the accumulated debt is too high to control.

4, lead to overdue

Excessive borrowing can easily lead to overdue. Whether you can't repay it or really forget it, overdue will form a stain on the credit report.

5. violent collection

In case it expires, you can expect endless violent phone calls and text messages. A phone call threatening to kill a continuous phone call may seriously affect you and make you and the people around you feel uneasy. This is just a piece of cake.

6. Affect future loans

Many people's online loans have expired many times. Personal credit report is too dark to read. Banks and online lending institutions have long listed you as a high-risk customer. Even if the credit information is spotless, even if it is a high-interest small loan, the bank will seriously doubt your repayment ability, and it is even more impossible to lend it to you.