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What are the advantages of mobile phone microfinance compared to traditional bank lending?

Time: 2018-02-13         Source: Kay Loan         Author: credit card should

At present, the most popular loan market is mobile phone micro-credit loans. Whether it is the threshold of review or the speed of the next payment, it is more satisfactory to users. What are the advantages of mobile phone micro-loans? Let's talk to everyone below.


Low threshold

At present, most mobile phone loan software application thresholds are relatively low, neither guarantee nor collateral, no need to face-to-face, complete online operation, a mobile phone can get a loan, and the application conditions are relatively simple, requiring Not too harsh, bringing good news to many small partners who have loan needs.

Less review time

The popularity of mobile phone loans is inseparable from the speed of its review. Xiaobian understands that most mobile phone loans are online audits, and the audit operation can be completed within a few minutes to an hour. Convenience. The feedback speed is fast, and the user's choice of various products increases.

The next paragraph is fast

Naturally, there is no need to say more about the speed of the next paragraph. How long it takes to get the loan is the most concern of everyone, and the speed of the mobile phone loan is quite powerful. Generally, it can be successfully received within 1-3 working days after the audit, and the bank loan is cancelled. The 1-2 weeks are very favorable and timely for the economically nervous little partners.

More repayment methods

If the repayment method is convenient, on the one hand, it can alleviate the repayment process of everyone. On the other hand, it can avoid overdue to a certain extent, and the repayment method of mobile loan is generally more. Most mobile loan software supports automatic, active, and Remittance methods such as transfer, and many leading companies can also carry out repayment methods such as WeChat/Alipay to avoid the handling fees generated by various inter-bank transfers. At the same time, some loan products will also use WeChat, email, SMS and other friendly reminders to repay the loan in the near repayment period, so as to avoid overdue and cause various troubles for users.

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