The measures that can be considered and measured with reference to An Credit are as follows:
1. "Small short-term loans": We only provide borrowers with short-term loan applications, and the loan period generally does not exceed 12 months to avoid long-term risks brought about by changes in the economic environment.
2. "Stability test": We require lenders to operate stably in the same stall in a market for at least two years, pay rent and management fees on time, and have a stable cash flow. We believe that such businesses usually have a relatively stable customer base, and the cost of default is high, so they will not move easily because of debt evasion.
3. "Merchant Joint Guarantee": We give priority to merchants who can form joint guarantee with more than three reputable merchants in professional markets and shopping malls. Due to the recommendation and guarantee mechanism of the market, the default rate of this kind of business is usually very low.
4. "Gradually increase the quota": For newly developed merchants, we will grant a loan quota of 3,000 yuan. With the accumulation of credit, we gradually increase their loan amount to reduce the risk of one-time default.
5. "Repayment by installments": If the merchant borrows for more than 93 days, he must repay the principal and interest in equal amount every month to reduce the risk.
6. "Audit Follow-up": For every merchant, we will conduct on-site audit and pay a regular return visit after the loan.
1. Basic information
As a four-year-old peer-to-peer lending platform, it has gradually matured. At first, the biggest criticism of An Credit was that the fees were too high, but later it was adjusted and greatly reduced. However, I am a little worried that I can't see some blacklists of overdue repayment on the website of An Credit. I don't want the platform to have an accident, but I need to consider whether the risk control capability of a platform is in place. We still need to know whether they can handle these situations well, whether they can consider investors and how to deal with them. Without this information, it is difficult to understand the early financial security of this platform. Anyway, I personally won't feel relaxed.
2. Operating status
The brand bidding and SEO of An Credit are very good. Recently, I have seen many posts questioning Anxin. They mainly focus on several issues. One is that Anxin has no bad debt announcement, the other is that its finances are not transparent enough, and the third is the problem of Anxin users.
3. Operating projects
The duration of investment projects covers all stages, but the longest is only 12 months, which is more suitable for short-term investment. The ultra-short-term rate of return is relatively low, about 6%, but the periodic rate of return of about three months is 13%, which is not bad. What I am most satisfied with is that the mouse is placed on the borrower and the detailed information of the borrower can be obtained without clicking on it. This is better than other websites. I asked a few friends who have invested, and they all said that the withdrawal speed is relatively fast and there is no overdue phenomenon. I think the quality of peer-to-peer lending platform is closely related to the borrower's evaluation. In the comments I have seen, many borrowers have given positive comments. The speed of borrowing books is first-class, which seems to have a good reputation, but one thing needs to be explained. There is a handling fee for withdrawing cash. Friends who care about this need to consider it, but I personally recommend it.