Is borrowing money from Meituan legal?

Answer: It is legal for Meituan to borrow money.

Meituan Loan is a credit service provided by Meituan Finance for merchants and consumers. If we look carefully at the bottom of the loan, we can see a line of small words that reads "The loan funds are provided by Chongqing Sankuai Small Loan and Provided by its cooperative financial institutions

Meituan Finance is a financial institution officially established with approval from the China Banking and Insurance Regulatory Commission and holds relevant financial licenses.

Friends who are worried about irregularities can put it down. Sorry, but we have to pay attention. Meituan’s borrowing money is connected to the central bank’s credit reporting system.

So, I think the borrowing records and loan repayment records will be reported to the central bank’s credit reporting system. Be careful not to overdue your loan, otherwise your credit will be damaged and you will not be able to get a loan if you want to buy a house or a car.