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Is flying loan a formal loan?

Yes Formal loans are loans operated by formal companies. Dai Fei is a mobile phone APP launched by Shenzhen Zhongxing Dai Fei Financial Technology Co., Ltd. According to Aiqi, Shenzhen Zhongxing Dai Fei Financial Technology Co., Ltd. is registered in Shenzhen Market Supervision Administration, which is a formal company, and the APP it operates is also registered in the Industrial and Commercial Bureau, which is formal, so Dai Fei is a formal loan.