Is Yinxiang Rongdai a liar?

No, Yinxiangrong is a new online shopping platform designed by the bank for the convenience of customers, which provides us with a pleasant and preferential shopping experience and can also make money with red envelopes in the mall. According to relevant information, bank financing loans are formal in China. In bank financing, users can easily obtain loans, bringing more convenience to users. The interest rate of loan products is very low, and the application threshold is very low, the approval speed is very fast, and the whole operation process is relatively simple, so it is not a liar but a formal one. Banks are financial institutions established in accordance with the law to operate monetary credit business, and they are the products of the development of commodity monetary economy to a certain stage.