Why do loan companies need postal bank cards and mobile phone cards?

The postal bank card and mobile phone card are required as follows:

1. Postal bank card is a tool that can carry out various financial transactions and can be used to store and transfer funds. Loan companies need to use bank cards to issue loans and collect repayment.

2. The mobile phone card is used to verify the identity information of the borrower. In the process of loan application and review, the loan company needs to verify the personal information of the borrower to ensure its true and reliable identity. Borrowers can prove their identity information through the verification of mobile phone cards, and ensure that they can receive timely repayment reminders and other relevant notices during the loan period.

3. In addition, postal bank cards and mobile phone cards can also be used for risk control management of lending companies. If the borrower is overdue in the repayment process, the loan company can manage the collection through the information of bank cards and mobile phone cards to ensure the safety of its own funds.