Is silver tree provident fund loan formal

Silver Tree provident fund loans formal. Silver Tree loan is a loan service provided by Shanghai Silver Tree Technology, and Shanghai Silver Tree Technology is a formal business registration of the company, its industry is also formal, belonging to the business services industry. Housing provident fund is a unit and its active employees to contribute to the long-term housing reserves, is the main form of housing allocation monetization, socialization and legalization. Housing provident fund system is an important housing social security system stipulated by national law, with mandatory, mutual assistance, security. Units and individual employees must fulfill the obligation to contribute to a housing fund in accordance with the law. Units here include state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises, and other urban enterprises, institutions, private non-enterprise units, and social organizations. on October 27, 2011, Qi Ji, Vice Minister of the Ministry of Housing and Construction, said that the Ministry of Housing and Construction is working together with various departments to study the revision of the regulations of the provident fund and liberalize the provisions for individuals to withdraw their provident fund to pay for their housing rent. regulations.