let us explore in depth the world of loan platforms. streets and alleys, offline, you can always find a lot of loan platforms. this includes the bank ' s credit-lender platform, as well as various other loan platforms. it is worth mentioning that this includes both regulated and unregulated lending platforms. so the question is, does credit count as a regular loan? let's go in and out。

is it a regular loan

First, there is no doubt that e-credit is an absolutely regulated lending platform. As a loan product from a bank of farmers, credit e is a loan of pure credit without any guarantee or collateral. You can even apply through your mobile phone APP, and the credit line is permanent and can be used repeatedly. Of course, users need to be authorized to check their personal letters before applying, and if the letters are not good, they cannot apply for e-credit。

then let's look at the conditions that apply for e-credit. first, the applicant shall be a member of a rural credit union or a rural natural person. neither the legal representative nor the responsible person should have a bad credit record for the applicant and a good credit position was required. in addition, applicants are required to have sufficient repayment capacity and to operate mainly in rural areas, with relevant qualifications or business licences, tax registrations, etc. finally, with good credibility, stable operating conditions, good bank credit and financial position, as well as strong loans and good repayment records, you should be able to easily meet other relevant credit requirements of rural credit unions and enter into relevant contracts, collateral and guarantees。

here we have solved the mystery of whether credit is a formal loan, and we hope that this will inspire you. thanks for reading。