Which one is better, 360 IOU or Ant Borrowing?

As people born in the 1980s and 1990s have become the main workforce, their living habits have changed a lot, and advance consumption has become the mainstream, which has also led to the birth of many micro-loan platforms, such as 360 IOU, Ant Borrowing, Youqianhua and other platforms. Which one is better, 360 IOU or Ant Borrowing? Let’s follow Feng Chao from Dongguan to find out more!

Which one is better, 360 IOU or Ant Borrowing?

1. 360 IOU

First, let’s talk about 360 IOU. In the loan market, 360 IOU is one of the more famous ones. On the one hand, 360 IOU started early and has accumulated a large number of loan users. On the other hand, 360 IOU does have sufficient credit limit, which has helped many friends who have applied for loans solve their problems. In terms of brand background, 360 Jieqiao is backed by Qihoo 360, which is also a well-known domestic Internet company with a strong brand background.

The loan limit of 360 IOU ranges from 500 yuan to 200,000 yuan, depending on the user's qualifications and level of activity. The lowest daily loan interest rate is 0.03%. The approval threshold for 360 IOUs is not high. As long as the information is true and meets the requirements, the funds can generally be disbursed quickly. However, we would like to remind everyone that 360 IOU has high credit requirements. If there is an overdue record in your credit report, you generally will not be able to obtain the credit limit.

2. Ant Borrowing

Let’s take a look at Ant Borrowing. Backed by the Alibaba Group, there is no need to say much about the brand strength of Ant Jiebei. With the popularity of Alipay, everyone is basically familiar with Huabei and Jiebei.

The loan limit of Jiebei is generally between 1,000 yuan and 300,000 yuan, and is given based on the user's credit, behavioral preferences, and ability to fulfill obligations. The interest rate of Jiebei is between 0.015% and 0.06%. The better the credit of the user, the lower the loan interest rate they can get. If you want to open Jiebei, you must first meet the requirement of having a Sesame Credit score of 600 points, and secondly, you must be invited by Alipay to open it.

The above is which one is better, 360 IOU or Ant Borrowing? As for the specific content, in fact, each loan product has its own characteristics. You can choose different products according to your needs, but one thing you must remember is that you must find a regular large platform to apply. Jiebei, 360 IOU, Youqianhua from Duxiaoman Finance (formerly Baidu Finance), Wechat Loan from Tencent, etc. are all relatively reliable and formal platforms that can provide users with professional loan services.