Is Juduo a legal online loan?

Tang Duoduo is a legal online loan. Juduoduo is a loan product of Orange Digital Technology Co., Ltd. in Liaoning Pilot Free Trade Zone (Yingkou area). This institution has a financial license and a business license for Internet finance, a legal business license and a risk control system, and has been connected to the central bank's credit information system. Legal peer-to-peer lending refers to a loan service that is operated by a legal entity and provides convenience for borrowers and investors through the Internet platform within the legal scope of China. Legal online lending platforms require borrowers and investors to pass identity authentication and conduct qualification examination. The platform also needs to evaluate the borrower's repayment ability and integrity to ensure that the borrower has sufficient repayment ability and willingness. At the same time, the platform also needs to assess the risk tolerance of investors in order to provide suitable investment products.