Is finance an immediate loan? Is it reliable?

Instant finance is a loan product and a formal online loan product, but the annualized interest rate is very high. Personally, I don't recommend you to apply.

I have answered many questions about online lending before. Those who are interested can see my other answers. I personally advocate not to apply for online loan products. Managing money immediately is actually an online loan product. Although this product is relatively formal, the annualized interest rate is still very high. Applying for online loans will make many people's financial situation worse and worse. In general, it is recommended that you stay away from online loan products.

1. What is spot finance?

Instant Finance is a formal online loan product, approved by China Banking and Insurance Regulatory Commission, with corresponding loan qualification. It is for this reason that the personal credit of the central bank at the financial meeting will seriously affect your personal credit. The credit line of instant finance is not high, generally only a few thousand yuan, and the target users are also ordinary users with relatively small capital needs.

Second, finance is relatively reliable immediately, but the interest rate is high.

Because this is a regular online loan product, it is very reliable in terms of capital security, so you don't have to worry about routines. But even so, the annualized interest rate of immediate financial management is still very high. If the term is divided into 12 months, the annualized interest on financial management will reach more than 18%, which is much higher than that of bank term loan products.

Third, I suggest you stay away from online loan products.

I saw many stories of people who borrowed online loans on the Internet and answered many questions. I think many people are not so financially conscious, and they only come into contact with online loan products in a very urgent situation. To some extent, online loan products will not make your living conditions better and better, but will further worsen your financial situation. For people who have problems with their consumption concept, these people should not touch online loan products, because online loan products will only lead to a person's debt!