With the rise of Internet finance, the market for personal loans has been warming. As one of the representative companies of Internet finance enterprises, its loan products are popular. The most important of these is, undoubtedly, the Peace and Security Benefit, which will be analysed from several angles。

Safety and security

First of all, let's talk about the Peace and Security Benefit. Simply put, it is the maximum amount of credit that is awarded to clients by the General Security Fund, i.e. the maximum amount of loan available to clients. Upon receipt of the letter, the client can freely choose the amount of the loan within the limits of his needs。

So, how high is the safety and security benefit? According to the Safety and Welfare Officer online, the range is between $500 and $3 million. The seemingly broad range of amounts is actually subject to assessment on the basis of the client ' s personal circumstances and the amount of each client will vary. At the same time, it is not the first or the highest amount set for clients, but rather the need for a gradual increase in their credit records and loans。

IT ALSO PROVIDES SERVICES IN CASES WHERE THE CLIENT HAS APPLIED TOO LOW OR IS UNABLE TO MEET ACTUAL NEEDS. CLIENTS MAY INCREASE THE AMOUNT BY CONSULTING CUSTOMERS OR SUBMITTING APPLICATIONS ON THE SPIP. OF COURSE, BEFORE APPLYING FOR AN INCREASE, THE CLIENT NEEDS TO VERIFY ITS AUTHENTICITY AND LEGITIMACY BY MEANS OF IDENTIFICATION, PERSONAL INFORMATION, ETC。

In addition to the increase, the client has the flexibility to pay back in instalments and in advance. This would not only reduce the repayment burden effectively, but would also raise credit ratings and make future loan applications easier to approve. It should be noted, however, that an advance payment requires an application before the payment is made and is subject to the safe and equitable payment rule。

Finally, it should be noted that the rate of approval of letters of credit for safe and inclusive use is relatively high. Upon completion of the application and its validation, the client may obtain a credit assessment and loan approval within one working day. This rapid rate of approval gives clients greater flexibility and selectivity, while also releasing consumption demand and helping to boost economic growth。