What is American loan?

American loan, an online buzzword, refers to the criminal gangs of black and evil forces using women's psychological state of pursuing beauty to let users sign illegal loan contracts before plastic surgery. Many suspects take advantage of the victim's desire for plastic surgery, but they don't have enough financial ability to pay for plastic surgery. Therefore, the gang will cooperate with medical beauty institutions and loan service platforms to provide loan services for victims. However, this kind of loan service is actually relatively loose in the qualification certification of many victims. The above is the relevant content of American loans.

Peer-to-peer lending's defects

1. Unsecured loan with low interest rate and high risk: Compared with traditional loans, online loans are unsecured loans. The central bank has been established again and again, and the annual compound interest rate exceeds 4 times the annual interest rate of banks, which is not protected by national laws and increases the high risk of online loans;

2. Personal credit risk: the original capital of the online loan service platform is small, and it cannot bear the high loan guarantee. Once there is a large number of loan problems, it is difficult to deal with them. Some borrowers also cheat on loans. Some purposes of the founders of the loan service platform are not simple, and there are often examples of absconding with money.

3. Lack of effective control means: As online lending is a new financing method for enterprises, the central bank and the China Banking Regulatory Commission have no clear relevant laws and regulations to guide online lending.

This article mainly talks about related knowledge points for reference only.