Do people's livelihood-specific installment loans need verification codes?

Yes Generally speaking, the borrowing company needs to verify the user's identity information when applying for a loan to ensure the authenticity of the user's identity and the security of the loan. Therefore, if you want to borrow money, borrowing companies such as Minsheng's exclusive installment may ask you to provide some relevant information, such as mobile phone number and ID number, and verify it by verification code.