What does Minsheng Bank Love Loan mean

It means a bill installment service that automatically extends repayment for eligible users during the epidemic. According to a query on Xicai.com, Minsheng Bank's Love Loan is a bill installment service that automatically extends repayment for eligible users during the epidemic. For example, if a user applies for a Love Loan for a portion of the amount that has already been billed between the next day of the billing date and the final repayment date, then the system will automatically execute an extension of the first installment. After the application is successful, the installment principal and handling fee will only be apportioned starting from the second billing period.