Are microfinance companies risky?

Answer the landlord, don't worry about this question. In fact, the risk of microfinance companies is lower than that of banks. Statistics show that in the last three years, the bad debt rate of the whole microfinance industry was less than 1%. Because first, most of the loans of microfinance companies are their own funds, that is, the shareholders' own money. Of course, they are very careful. Commercial banks lend money to the country and depositors, and there is no incentive to deal with the loss rate of bad debts ~ Second, like Jiangchuan Finance where I work, most small loan companies rely on the operating principle of "small amount dispersion", which is generally lower than that of leveraged banks. So you can rest assured. As long as the national macro policies continue to be favorable, the support will continue to increase, and the tax burden of small loan companies and the majority of small and medium-sized enterprises will be reduced. I believe that small loan companies will certainly develop better and better. If you are interested, you can search Jiangchuan Finance. Official website's related knowledge is relatively comprehensive.