1, borrower
P2P borrowers are mainly individuals.
P2C borrowers are mainly small and medium-sized enterprises, including individuals. It should be pointed out that the difference between P2B and P2C is that it does not limit whether the borrower is a financial institution.
2. Credit mortgage law
P2P generally takes the form of credit loans, and now some have joined the mortgage and guarantee.
P2C requires that there must be guarantee and mortgage, and the security is relatively better.
3. Risk.
(1) investment securities
Because P2P is mainly a credit loan, the personal mobility is relatively high, the default cost is relatively low, and it is restricted by the high cost of credit review, which requires a higher professional and control ability for the platform and audit institutions. If the real-time return visit and monitoring are not done well, the bad debt rate may be higher.
P2C borrowers are mainly enterprises, with relatively fixed enterprise information and operation, stable cash flow and repayment sources, easy information verification, and the default cost of enterprises is much higher than that of individuals. Therefore, from the perspective of investment risk, P2C has higher investment security than P2P.
(2) Risk control
The main risk control method of P2P platform is diversification of investment. The amount of loan projects on the platform is not very large, and the investment amount has a maximum limit.
P2C platform uses commodities or assets provided by borrowing enterprises as a way to control risks. If the enterprise defaults, the platform can dispose of the collateral and sell it, reducing the loss paid by the platform.