Are 58 financial loans reliable?

58 Financial Loan is a business under 58, so it is relatively strong. Its loan model is mainly based on pure credit loans, which means you can get a loan by providing an ID card. But its loan amount is very high. The highest loan amount reaches 2 million yuan, which is very scary. Of course, this is also based on everyone’s loan qualifications.

58 Finance’s current products are mainly financial management and loan product lines. The financial management brand is "58 Qiangui". "58 Qiancai" is a financial management platform jointly provided by 58 Finance and third-party institutions to provide users with high-security products. 58 Ganji Group launched an Internet financial service platform - 58 Finance in May this year, providing financial products and services under 58.com.

The currently officially launched products include 58 Money Cabinet, 58 Monthly Payment, 58 Car Dealer Loan, 58 Credit Loan, and 58 Consumer Loan. Among them, 58 Monthly Payment is the financial service launched by 58 to pay monthly rent. If you want to repay the monthly rent on 58 Monthly Payment, you only need to log in to 58 Monthly Payment before 24:00 on the monthly repayment date to pay the amount due to 58 Monthly Payment. A third-party payment account is sufficient. Because the 58-month payment is currently still in the promotion period, there is no interest or service fee during this period.

58 originally had a huge user base, abundant traffic base, and diversified consumption scenarios. The accumulation of industry data over the years has also provided corresponding data and risk control support for 58’s financial layout. At present, the financial business of 58 Group is mainly centered around the 58 ecological chain. 58 Finance has already laid out its plans as early as 2015, but it is only now launching its efforts. The reasons for this are: doing finance requires risk control, and doing risk control requires data. Through data accumulation and technological innovation in the past few years, I believe 58 has partially perfected its business model.