Is it reliable for Weibo to borrow money? Is the interest high?

Is the interest on Weibo wallet high? How to calculate the interest on borrowing money from Weibo?

Weibo's loan is a loan product under Sina Finance, with a maximum amount of 3, yuan and a minimum daily interest rate of .4%, which can be divided into 12 periods at the longest. The cooperative financial institutions include baixin bank, Xinwang Bank, Zhongbang Bank, Baoyin Consumer Finance and other formal institutions, so it seems that Weibo's loan is still reliable.

When borrowing money in Weibo, it is suggested that you should consider the borrowing cycle according to your own economic ability, because prepayment will not reduce any fees.

At present, there are many small loans that are relatively easy to apply for in the market. Online application for online lending is adopted directly, and you can borrow money entirely by personal credit without providing mortgage guarantee. For micro-loans, it is best to choose formal institutional products with a long borrowing period, which will be safer, with less pressure to repay the loan, and will not affect daily life and work. Friends in need can take a look at these models:

1. Youhuahua

is a credit service brand owned by Xiaoman Finance. Youhuahua is a platform for borrowing money from Xiaoman, which is the original Baidu Finance, backed by a licensed institution like Baidu.

licensed financial institutions, such as United Bank and consumer finance companies, provide services to borrowers, and the sources of funds are authoritative and professional. Every time a loan is made, the password will be reviewed, and the loan can only be placed in the bank card in the borrower's own name.

With ID card and bank card application (except for college students), the maximum loanable amount is 2, yuan, the minimum annualized interest rate is 7.2%, the fastest time is 3 seconds, and the money will arrive in one minute.

Little Full-Money Spend (batch in seconds) Click online to measure the amount

2, 36 IOUs

It is a formal leading domestic loan platform under 36 subjects. You can apply with your ID card and bank card, and the results of identity authentication can be obtained in 3 seconds at the earliest, the amount of loan application can be released in 3 minutes at the earliest, and the money can be received in 3 minutes after the application is submitted successfully.

36 IOUs can borrow up to 2, yuan!

Click on online measurement

3. Ping An New Loan

Ping An New Loan is a pure credit loan product of Ping An Bank, and the borrower is not required to provide mortgage and guarantee. This product can provide loans of 1,-5, yuan for everyone, with a service life ranging from 12 months to 48 months and a monthly interest rate of 1.1%-1.53%.

Although Ping An Xinyi Loan belongs to the bank's loan product, the application process is very simple, and the next payment speed is also very fast. If the loan information provided by the borrower is complete, the funds can be released as soon as one day.

Ping An New Loan Click on Online Measurement

Now, credit loan products can be loaned only by ID card, without guarantee or mortgage. They are loans applied by personal credit. There are many loan platforms that provide credit loans, but some are unreliable, so loan applicants should pay attention to screening.

depending on whether the loan platform is reliable, we can see whether the loan is made by a licensed institution, whether there is a charge before the loan, and whether the loan interest rate meets the national regulations.

A reliable loan platform has no pre-loan fee, and the loan interest rate will not exceed the national legal range. Licensed institutions will have a certain application threshold, and not everyone can apply. Loans that everyone can apply for are often tricky, so don't let your guard down for the success of the loan.