Will CCB's fast loan be used?

Usually, when users apply for online loans, the loan platform will ask the applicant to explain the use of funds. In essence, the loan platform will not always monitor the use of the applicant's funds. Among them, CCB's fast loan can be applied through mobile banking or online banking, and the application does not require fees or interest. Then, will CCB Express Loan check its use?

Will CCB express loan check the purpose?

When a user applies for a quick loan from CCB, CCB will inquire about the use of the user's funds. When users use fast loan funds, banks will monitor them in real time. If the use is illegal, the user will receive a reminder message from China Construction Bank. At present, as long as the user can submit enough proof materials to show that its use is in compliance, then the construction will lift the state of capital risk control.

In general, CCB Express Loan is the first big data loan product in the banking industry. If the borrower uses it illegally, CCB may require the user to repay it in one lump sum. Of course, if users withdraw cash directly from fast loans, it will be difficult for CCB to monitor the use of funds at this time.