Is pat loan a high-interest loan?

Pat loan is not a high interest rate. Auction loan is not a high-interest platform, and its comprehensive annualized interest rate is at least 9%, which is within a reasonable range. It is also a consumer financial institution approved by China Banking Regulatory Commission and holds a financial license, and the first governing unit of China Internet Finance Association. Shanghai Paipai Loan Financial Information Service Co., Ltd. (referred to as Paipai Loan) is a financial lending company established in Shanghai in June 2007, and its headquarters is located in the international financial center Shanghai. Its founder is Zhang Jun, and its legal representative takes care of it. Auction loan is mainly engaged in financial information service, technology development, technical consultation, technical service, technology transfer and computer system integration in the field of computer network specialty.