Is Xiaomi financial loan reliable?

Xiaomi's financial loan is reliable.

Xiaomi has been involved in the internet finance business since 215, and in recent years, Lei Jun has indicated that internet finance is one of the five core strategies of the company. For the third-party payment market, Xiaomi has long coveted it.

But at present, Xiaomi has failed to show its advantages in the internet financial structure. In the share statistics of the third-party mobile payment market in the fourth quarter of 216, Alipay accounted for 54.1%, Tenpay accounted for 37.2%, and less than 1% of the remaining market was occupied by Baidu Wallet and One Wallet. It is still very difficult for Xiaomi to kill it.

In addition, Xiaomi is a company that made a fortune by making mobile phones, and it can be said that Xiaomi is a "novice" in the field of Internet finance. For credit problems, risk problems and fund monitoring problems in loan business, what Xiaomi has to learn may be more difficult than mobile phone research and development.

more crucially, compared with AliPay and Tenpay, Xiaomi's risk aversion ability and fund supervision ability are weak, because Alipay and Tenpay can limit the borrowed funds to consumption in their own platforms, such as "flowers" and "white bars", while Xiaomi's loans are only based on the analysis of short-term user behavior information, so it is difficult to effectively monitor the default situation.

On the other hand, Xiaomi's loan is very popular, but it is difficult for many Xiaomi mobile phone users to obtain the loan amount, and even the loan amount suddenly becomes zero.

Xiaomi Loan promised to "provide pure credit loans to 15 million Xiaomi mobile phone users", which became some empty promises of "rice flour". The official launch of Xiaomi Loan APP changed Xiaomi's loan from to 1, but from 1 to 1, it needs continuous time inspection and defect improvement, and Xiaomi still has a long way to go.