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Is BOC Consumer Finance a Xiaomi Loan?
No. BOC Consumer is one of the first consumer finance companies approved by China Banking and Insurance Regulatory Commission, and a subsidiary of Bank of China. Xiaomi Loan is a credit loan product under Xiaomi Finance.

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BOC Consumer Finance is a state-owned company, and there will be no loan trap. At the beginning of its establishment, as the first batch of special merchants of BOC Consumer Finance Company, it opened up channels for many large shopping centers and home decoration stores such as First Yaohan and Oriental Commercial Building under An Baili Group. At the end of 20 10, the loan channel will be extended to thousands of merchants of unionpay. So far, special merchants have covered many industries, such as building materials, home appliances, consumer electronics, education, tourism, weddings, department stores and so on.

Xiaomi loan has always been loved by people for its shockingly low interest rate and fast payment. According to official data, Xiaomi's loan interest is 12,000 yuan, that is, the loan is 10,000 yuan, and the minimum interest is 2 yuan every day. The loan method is simple and it is very convenient to support the loan.