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Why should the third party have social security for Hangzhou consumer loans?

The reason why the third party of Hangzhou consumer loan must have social security;

1. Credit evaluation: Social security is one of the important indicators of the applicant's personal credit evaluation. Third-party organizations regard social security as one of the reference factors to evaluate the repayment ability and credit status of applicants.

2. Repayment guarantee: Social security can provide additional repayment guarantee for loans.