Is Xiaomi loan reliable?

Xiaomi loan product was first launched in September 20 15. This product is positioned as a micro-credit loan product. At the initial stage of Xiaomi loan, it was only used by users of Xiaomi mobile phone and Xiaomi Mall, which was relatively limited. However, with the continuous development of Xiaomi in recent years, Xiaomi loan is open to the public.

In terms of interest rate, the minimum daily interest rate of Xiaomi loan is 0.03%, and the real interest rate of the borrower is determined by the Xiaomi loan system. There is no loan interest for millet installment, but it needs to pay installment fees, which vary in different periods. Generally speaking, the interest rate of Xiaomi loan is higher than that of bank loans, and it is at a medium level in the online lending platform.

According to the news released by Xiaomi Finance, Xiaomi Finance is a personal integrated financial service platform of Xiaomi Company. According to Fortune magazine's latest ranking of the world's top 500 companies, Xiaomi Company, which has been in business for less than 9 years, has successfully ranked among the world's top 500 companies, so Xiaomi Loan is still very reliable in the platform background.

Precautions:

1. The loan amount depends on the individual's financial needs. Before lending, you need to consider your financial repayment ability to avoid excessive repayment amount and pressure.

2. Lending should be used properly. If the lender knows that the borrower is engaged in illegal activities such as gambling, fraud, buying drugs or guns and ammunition, such lending behavior is illegal or illegal because it is prohibited by relevant laws and is not protected by law.