How about Xiaomi loan? Is it safe to use?

Xiaomi loan is relatively safe and reliable. Xiaomi Loan is a loan business under Xiaomi Finance, which has obtained business licenses for small loans, banking, payment, wealth management, insurance brokerage, commercial factoring and credit reporting. Therefore, Xiaomi loan is qualified for lending, not the kind of illegal lending that everyone is worried about.

Xiaomi loan adopts pure credit loan mode, and you don't need to provide any mortgage or guarantee. When applying for a loan, the borrower only needs to provide simple personal data without providing important personal privacy information. So when applying for a loan, you don't need to disclose too much personal information.

Xiaomi loan adopts pure online application. Borrowers only need to have a smart phone, so they can apply for a loan anywhere without face-to-face signing. Therefore, everyone does not need to worry about being interfered and misled by the staff of the lending platform.

Precautions:

1, Xiaomi loan bears interest on a daily basis, and the loan interest rate is as low as 0.02%. Judging from the actual lending situation, the actual daily interest rate of Xiaomi loan is generally around 0.05%, which is in line with relevant state regulations and there is no usury.

2. Pay attention to your repayment ability when handling loans. If your personal income is relatively high in the future, you can apply for a loan at this time. If your personal income is relatively small, you should pay attention to avoid not being able to repay on time in the later period, and overdue repayment will generate penalty interest, which will affect your personal credit information.