Is Bank of China E-Loan a scam?

Is Bank of China E-loan a scam? It is not a scam. There are very few BOC E-loans with large amounts. If you want to use a large amount, it is not recommended that you apply. It involves asking for money, passwords, verification codes, Do not trust the payment password; to handle business, please go to the official mobile banking, business hall, online banking, micro-banking, or branch official public account to apply for business.

1. The bank will evaluate the applicant based on various conditions of the applicant. If the conditions are substantial assets, stable job, considerable income, etc., the loan amount applied for will be higher accordingly to ensure the completeness and legality of the operation. sex.

2. Different from private routine loans, BOC E-loan is a product of Bank of China. Compared with similar products, the interest rate is much cheaper.

3. Because it is a pure credit loan, the credit requirements will be much higher. There must be no overdue records in at least the past two years. This overdue includes credit cards, mortgages, and various types of overdue loans.

Expansion materials: Bank of China E-Loan loan product description

1. Loan amount: up to 300,000 yuan.

2. Loan period: The loan limit is valid for 12 months. The borrower can recycle the limit during the limit period and reactivate it after the limit expires.

3. Loan purposes: Loans can be used for legitimate and reasonable personal consumption expenditures such as home improvement, car purchase, education, medical care, etc., and shall not be used for non-declared purposes and personal expenditures prohibited by laws and regulations.

4. Usage method: The credit limit can be used repeatedly during the validity period and can be borrowed and repaid at any time. The interest on the loan is calculated on a daily basis based on the actual number of days the loan is used.

5. Repayment method: A single payment can be repaid by one-time repayment of principal and interest when due, monthly interest payment and repayment of principal when due.

6. Guarantee method: Credit loan, no mortgage guarantee is required.

7. Bank of China E-loan loan funds can only be used for legal and reasonable personal consumption expenditures, and may not be used for production and operation. They may not be used to purchase stocks, funds, financial management and other types of investment products, and may not be used to repay individuals. Loans or credit cards shall not be used to invest loan funds in areas prohibited by national policies, laws, regulations and regulatory provisions, including the real estate market.

8. When choosing Mobile Shield as a withdrawal security tool for authentication, you can apply to activate Mobile Shield in mobile banking.