Mihua Loan claims to be an Internet finance company that can provide small loans. But whether it really exists and whether it has legal business qualifications is still inconclusive. Some deceived people reported that after applying for a loan through Mihua Loan, although a certain amount of loan can be successfully obtained, it is necessary to pay the "deposit" or "service fee" through WeChat red envelope, and the loan arrival speed is also very slow, and even some people directly lose money after the loan, resulting in heavy losses.