Is the loan for everyone reliable?

Reliable, Renren Loan is a lending institution recognized by CBRC, which is reliable, but the interest rate of Renren Loan is a bit high. I have used personal loans. I didn't borrow much. It scared me to death. The interest is too high to be paid immediately. Later, it was changed to money, and the interest paid to me was only 13 thousand, which was a lot easier. Anyway, the loan platforms are all on credit reporting, and they are all approved by the China Banking Regulatory Commission. Why not use low interest rates?