To reduce the intermediary cost, the borrower needs to give the salesman a commission through the offline loan team, so it will still be lower than borrowing directly from the platform.
Time is also a cost for borrowers. Although the offline team promises to provide funds faster, if you choose a large loan platform, it usually takes only one or two days to get the money, which is relatively cost-effective compared with offline costs.
Transparency, users can see their own benefits on the platform, or it will be a little lower than offline opacity.
Borrowers choose a platform, and the more times they borrow, the lower the interest rate will be.
Most P2P platforms will not cross the red line and exceed the legal loan interest rate.
Generally speaking, internet finance can reduce financing costs by making private lending transparent. Online financing is good, you can have a look.