Is Lexiang Loan a Formal Loan Platform?

Lexiang Loan is a formal loan platform for the following reasons:

1. From the background, Lexiang Loan is the product of consumer finance of China Bank and a subsidiary of China Bank, so it has certain credibility and formality.

2. Lexiang Loan, as a lending platform, does not provide loans directly, but signs contracts to match different employers after checking the quota according to the customer's qualifications. These employers are regular banks and licensed financial institutions, so Lexin loan has certain guarantee in terms of capital security.

3. In addition, the official daily interest rate of Lexiang Loan is between 0.02% and 0.09%, which is within the standard interest rate stipulated by the state. Users can decide whether to borrow according to the actual loan interest rate approved by themselves, which also reflects its formality to some extent.