Link 1: Preparation before borrowing money

Borrow money through wechat I- wallet-micro-loan.

When entering for the first time, the user will be prompted to agree to the authorization agreement and loan agreement for Weizhong Bank to inquire about the credit record of China People's Bank.

After entering, the interface shows that the loan amount is 22,000 yuan and the daily interest rate is 0.05%.

Interest calculation method: interest is calculated according to the actual loan days, and interest is not calculated for the repaid principal.

Repayment method: average capital, with monthly deduction from the loan bank card.

Repayment in advance: no penalty interest is required.

Link 2: Start borrowing money.

Click the "Borrow" button and enter the amount 1000 (the maximum amount of a single loan is 40,000 yuan).

Number of repayment periods: 5 months, 10 month, 20 months.

Repayment date: every month is the same as the loan date.

Click Next to confirm the collection bank card. If the bank card is not bound, bind Tenpay.

There are two repayment methods, automatic deduction and prepayment.

Automatic deduction: automatic deduction from the receiving bank card in the early morning of repayment date.

Early repayment: the borrower repays the loan manually.

Click Next to prompt the user to confirm the loan information.

Click "Confirm Loan" to inform the borrower that the application is successful. There will be telephone contact later, and the telephone number 0755-88648320 will be given to prevent fraud.

Link 3: loan information review

Call me at 0755-88648320. The customer service mainly confirms the information:

1. Confirm the operation for yourself and yourself.

The loan officer needs the borrower's name, the last four digits of the ID card, whether to initiate the loan voluntarily, and whether the last four digits of the mobile phone number are for personal use.

2. Confirm the loan information and precautions

Confirm the loan amount and term, and make it clear that the purpose cannot be to buy a house or invest in securities. Also euphemistically inform the seriousness and consequences of overdue breach of contract.

3. Final reply

/kloc-Give the loan result within 0/5 minutes.

Confirmation problem

I reconfirmed with the customer service whether there is no extra charge, and there is no extra charge for early repayment. I paid in full according to the repayment details, and ended the call after receiving a positive reply.

Link 4: Loan and Lending Notice

About 1 minute after the call, I received the loan success notice and payment notice from Weizhong Bank and Agricultural Bank (my bank card is Agricultural Bank).

The risk control of micro-loans is mainly based on two aspects. Tencent is Internet big data and the central bank collects credit information. This is the competitive advantage of Weizhong Bank over ordinary banks. It combines the bank's qualifications and Internet data technology to make the process experience and loan products almost perfect.