Is New Orange Staging a Regular Platform?

New orange staging is a formal platform. Now if you want to lend money online, you must go through examination and supervision. Although the platform is not large, the new orange has relevant business qualifications in stages, so be careful not to overdue.

The strength of the new orange staging platform

New Orange Staging is a peer-to-peer lending platform jointly operated by Jinzhong Longxin Internet Microfinance Company and Liu Xin Big Data Technology Company. Shareholders of Liu Xin Big Data Technology Company include Softbank China Capital and Qihoo 360. As far as the platform strength is concerned, the new orange staging is not too bad, but it can't be compared with lending. It can be seen that the reliability of new orange staging is at a medium level.

New orange installment is a pure credit loan platform, which does not need mortgage and guarantee, and does not need too many application materials from borrowers. Generally speaking, borrowers can apply for new orange installment as long as they provide ID card information, mobile phone number information, bank card information and sesame score of 580 or more. In the whole process, the risks that everyone has to bear are still relatively small.

From the perspective of user experience, the new orange staging is not bad, and few people complain or complain about this online lending platform. However, when using it, you still need to read the loan contract carefully to understand the loan interest and the way of interest payment.

Late consequences of new orange installment payment

After the new orange excellent products appear overdue for a period of time, everyone's bad records will be reported to the credit bureau. It is difficult for people with seriously negative credit information to apply for loans and credit cards.

After the borrower is overdue, New Orange Premium will arrange staff to collect the money. At the beginning, the staff of New Orange Premium will collect money by phone or text message. With the extension of overdue time, the collection of new orange excellent products will become more and more intense.

Like other online lending platforms, penalty interest is essential after the new orange premium is overdue. The default interest of new orange premium is calculated on a daily basis, which is higher than the normal loan interest and needs to be settled by the borrower when repaying.