Is the same city loan reliable?

Reliable. City loan is a compliant credit product. The shareholders of the company are mainly Tongcheng Loan Information Technology Service Co., Ltd., which has obtained the Internet small loan license. When applying, you only need to register your mobile phone number, then fill in the information and submit it to the platform system for credit evaluation.

In fact, in recent years, consumption has developed too fast and credit expansion is too fierce, especially for young people. They have obvious tendency of excessive consumption and weak ability to resist risks, which leads to a series of problems. Economically speaking, consumption has a "ratchet effect". As the old saying goes, "From frugality to luxury, from luxury to frugality". At this time, it is necessary to step on the brakes of excessive consumption. Encourage young people to spend rationally and plan their income and expenditure rationally.

1. Conditions for applying for loans in the same city:

1. The applicant is over 18 years old and has full capacity for civil conduct;

2. The applicant's credit investigation is good and there is no overdue record.

3. The applicant has a stable job and income and the ability to repay the loan;

4. The applied mobile phone number has been authenticated by real name, and it is agreed to authorize credit investigation.

Second, some products provided by Tongcheng Loan are lent by third parties, and these third-party financial institutions are very formal. Therefore, the loan products provided by the same city will be credited. In addition to credit reports, bad records have many other consequences:

1. Affect your comprehensive credit score. If there are dishonest behaviors such as overdue loans and illegal use of funds in the same city, it will also affect its comprehensive credit scores in Ant Financial, Tencent and China Ping An. In this way, it will be difficult for everyone to enjoy the credit services of these enterprises in the future.

2. A penalty interest will be charged. After loans overdue, the city loan will charge a certain penalty interest on a daily basis. This will further increase the repayment pressure.

Be sure to keep your credit history. City loans are personal consumption loans and belong to bank loans. Attach great importance to the borrower's credit investigation. If you want to increase the amount of loans in the same city, you must maintain a good personal credit record. After borrowing money on WeChat or other platforms, you must repay it on time. If there is overdue behavior, not only can the quota not be raised, but the loan quota in the same city may also be reduced or even cancelled.