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What does it mean that there is a quota for microfinance after receiving the text message?

There are several situations when you receive a text message about the micro-loan limit: 1. Selling SMS: Microfinance will attract customers by sending SMS, and attract users with words such as "You have obtained the xx quota, and the application quota has passed". This situation does not mean that the loan has been issued and need not be repaid.

2. Others steal information: If someone steals personal information, then micro-loans will send such messages. I used to lend my mobile phone to others, which is the case.

3. Fraudulent short messages: Fraudsters will forge such short messages to obtain personal information.