Inclusive finance has two meanings. From an academic point of view, as long as inclusive finance achieves effective financial services through equal opportunities, inclusive finance generally involves microfinance services and preferential subsidies. From the product point of view, there are many Internet loan products called inclusive finance, and the essence of such products is online loan products.
With the continuous development of the Internet age, we can directly apply for various loan businesses online, mainly Internet credit services. Credit service does not require users to have any collateral, and users can apply for relevant credit lines only by relying on personal credit information. Although inclusive finance is a very good concept, at present, inclusive finance products on the Internet are not conducive to users, and there are many routines.
1. What is inclusive finance?
Inclusive finance generally refers to the Internet credit products under the current Internet environment, and these credit products have two distribution channels. 1 channel is the formal channel of the bank, and the second channel is the offline lending institution. The bank's formal channels will strictly follow the user's personal credit information to approve the relevant quotas, and the application threshold is relatively high. Offline lending institutions do not have too high requirements for users. This kind of products are generally what we often call online loan products, and there are many routines, and the annualized comprehensive interest is also very high.
Second, inclusive finance is not so good in the literal sense.
As I said above, although inclusive finance's starting point is very good, when inclusive finance is applied to real life, we will find that many inclusive finance products have routine users. Some users will encounter the trap of routine loan and revolving loan when applying for online loan products. The annualized interest rate of loan products applied by users is also very high, which is generally maintained at around 20%, and some users will even come into contact with more than 30% usury products. For this reason, I suggest treating the current inclusive finance products with caution.
Is Ping An Pratt & Whitney an online loan?
Ping An Pratt & Whitney cannot be completely defined as online loan, because it is a member of China Ping An Group. The main business is to provide customers with loans, guarantees, consulting and other services.
Ping An Pratt & Whitney has many kinds of loans, most of which are mainly bank loans, but there are also some online loans, such as our common Ping An Pratt & Whitney I loan, which is an online loan product.
Ping An Pratt & Whitney is the general name of the joint venture company of China Ping An Insurance (Group) Co., Ltd., which is engaged in financing guarantee, financing consultation, microfinance and other businesses. Assist small and micro business owners, individual industrial and commercial households and ordinary wage earners to obtain professional loan services, and help the development of China's real economy.
Ping An Pratt & Whitney is the general name of the joint venture company of China Ping An Insurance (Group) Co., Ltd., which is engaged in financing guarantee, financing consultation, microfinance and other businesses. Assist small and micro business owners, individual industrial and commercial households and ordinary wage earners to obtain professional loan services, and help the development of China's real economy.
After years of rapid development, Ping An Pratt & Whitney has grown into a professional model in terms of comprehensive strength and corporate governance: it has excellent international management team and rich experience in credit business management; Through innovative credit technologies such as face recognition, micro-expression, artificial intelligence technology and anti-fraud scanning, the risk management and control ability has been continuously improved, and the steady and leading risk management ability has also continuously optimized the asset risk performance; Diversified loan plan provides customized services for borrowers and high-quality loan choices for the general public; At the same time, the online application process and offline consulting services continuously improve the service experience.
At present, Ping An's Pratt & Whitney business in China covers more than 300 cities in China. The online remote team of more than 7,000 people provides professional consulting services for 7×24 hours, and has strong foreign business cooperation ability to build a loan ecosystem. It has served more than 1 1 10,000 customers and helped them obtain loans of more than10 billion yuan. Ping An Pratt & Whitney will continue to adhere to the four driving forces of customer inclusiveness, product inclusiveness, channel inclusiveness and social inclusiveness, and practice inclusive finance with the brand concept of "responsible finance and inclusive lending".
In the future, Ping An Pratt & Whitney will continue to strengthen the promotion of inclusive finance under the background of Ping An 3.0 era, and strive to help small and micro business owners, individual industrial and commercial households and ordinary wage earners obtain better loan services, and build the most trustworthy and preferred inclusive finance brand in the world.
Ping An Pratt & Whitney focuses on providing loan services to small and micro business owners and individual industrial and commercial households in inclusive finance. 90% of small and micro customers are "1050" (small and micro enterprises and individual industrial and commercial households with an annual income of less than1000,000 and less than 50 employees).
Is Pratt & Whitney Finance Legal?
Inclusive fast finance is illegal. It is an online loan product full of various routines. With the continuous development of the Internet era, we can see that traditional offline loans have also put on the coat of the Internet. Although many Internet products look very formal, they are actually out-and-out usury. When users apply for these online loan products, they will be subjected to various routines, and the actual annualized comprehensive interest paid will far exceed the normal bank level. At the same time, if users have overdue behavior, these online loan products will also violently collect users and even directly affect their normal lives.
1. What is inclusive fast finance?
Pratt & Whitney is the financial service of a financial company in Shenzhen. The main office of Pratt & Whitney Express Finance is in Shenzhen, but the location of industrial and commercial registration is in Chongqing. Many online loan products on the market are registered in Chongqing, which may be related to the local credit supply chain in Chongqing. Pratt & Whitney Fast Finance is an online loan product, and the mainstream users of this online loan product are young people.
Second, I don't recommend users to apply for inclusive fast finance. Pratt & Whitney is a conventional loan. In other words, although the application threshold of this online loan product is very low and the payment speed is very fast, there are various routines that harm consumers. After consumers sign the loan agreement, many people will find that there are many options to protect the lender in the loan agreement, but there are almost no options to protect the borrower. This is an out-and-out routine loan product. I suggest you stay away in time.
Inclusive finance Company is mainly a private loan company, which mainly provides financial services for office workers, self-employed individuals and small and medium-sized entrepreneurs. Different from traditional commercial banks, inclusive finance companies are not subject to great supervision, and their nature is more complicated. Generally speaking, companies with consumer finance licenses and local financial licenses are legal and will be more formal. So when applying for a loan, try to choose a licensed inclusive finance company. Inclusive finance companies with consumer finance licenses include Instant Consumer Finance, Suning Consumer Finance, BOC Consumer Finance, Zhaolian Consumer Finance and Yin Bao Consumer Finance. Inclusive finance companies with local financial licenses include: Ant Small Loan, Huanbai Loan, Pleasant Loan, WeChat Jinke, Jiufu Group, Paipai Loan, Trust Wealth and so on.
I just received the message that you are in loans overdue, inclusive finance. Which company is it?
Hello, let me answer your question. First of all, inclusive finance is not a product launched by any bank. Its actual meaning is to provide financial services to all social classes and groups with financial services needs on the premise of affordable costs. Simply put, inclusive finance is an idea. The word "inclusive" can be understood as allowing everyone to enjoy financial services equally, and everyone can get financial service opportunities.
Farmers, urban low-income people, poor people, small and micro enterprises and other vulnerable groups, as well as special groups such as the disabled and the elderly, are the key service targets of inclusive finance. It can be said that the poor and low-income customers are the center of this financial system.
Inclusive finance follows the principle of commercial sustainability and combines marketization with policy support, which not only meets the needs of all social strata and groups, but also benefits the supply side reasonably.
Inclusive finance has also promoted the development of microfinance institutions and encouraged traditional financial institutions to carry out microfinance business, thus cultivating more financial service providers to serve poor and low-income customers and participate in competition. The concept of inclusive finance was put forward by the United Nations in 2005. It refers to providing appropriate and effective financial services to all social strata and groups with financial service needs at an affordable cost, focusing on vulnerable groups such as small and micro enterprises, farmers and urban low-income people.
At present, although the international community has made some achievements in developing inclusive finance, there are still some shortcomings. According to the World Bank's estimation, in 20 14 years, about 2 billion adults still do not enjoy the most basic financial services. Inclusive finance attaches importance to poverty eradication and social equity, but this does not mean that inclusive finance is a public welfare activity aimed at low-income people. Pan Guangwei, secretary of the Party Committee of China Banking Association, pointed out that inclusive finance is not charity and aid, but helping the beneficiary groups to improve their hematopoietic function. We should adhere to the principle of commercial sustainability, adhere to the combination of marketization and policy support, establish and improve the incentive and restraint mechanism to ensure sustainable development.
Inclusive finance needs to pay attention to the principle of marketization. In the process of developing inclusive finance, we should not only meet the needs of more groups, but also benefit the suppliers reasonably. Inclusive finance's agenda is in line with the needs of current international social, economic and financial development, including both G20 countries and non-G20 countries, especially many developing countries, as well as the theme of this summit. The three documents are very representative, and many of them are based on the development experience of China. Digital inclusive finance is a good example, which fully embodies the' innovation' in the theme of the summit. These documents, when adopted, will provide important guidance for the development of global inclusive finance.