1. Online lending is actually not difficult to understand. All processes, such as authentication, bookkeeping, clearing and delivery, are completed through the network, and both borrowers and borrowers can achieve the purpose of lending without leaving home. And the general amount is not high, there is no mortgage, pure credit lending.
Second, online lending is divided into b2c mode and c2c(p2p) mode. Peer-to-peer lending model b2c model b2c model B generally refers to banks, and some websites also provide products of loan companies. Generally, online b2c loans rely on online lending platforms to complete pre-lending work. According to different rules, some applicants need to go to the bank offline. At present, the b2c model is restricted by the region, because its business entities are all institutions with geographical restrictions, and its coverage needs to be expanded. C2C2P2P is short for Peer to Peer, which means person to person. In this mode, the applicant can decide the interest rate, term and other conditions independently according to his credit status and repayment ability, and Party B can freely choose the object he wants to borrow like online shopping.
Third, the name of the fraud company is relatively large. The so-called "Chengxin Group", "xx Loan Group" and "xx Loan Group Company" simply cannot exist, and it is impossible for the industrial and commercial departments to allow such companies to register their names. Some will pretend to be banks or well-known companies, but they don't have an office address and can't provide real company business licenses and personal ID cards. Generally, only the mobile phone number and contact person are provided in the advertising information. Through the mobile phone number query, we can see that publishers are concentrated in a few provinces in China. The loan terms are easy, no mortgage is needed, and no income check is needed. Basically, you can borrow money with your ID card. When the borrower is tempted, the liar will ask for the fee first for various reasons, such as "interest, lawyer's fee, verification fee, insurance premium, handling fee, deposit" and so on. When the borrower paid first, it was found that the liar's mobile phone could not be dialed, and even some borrowers were cheated without knowing the other company, personal name, ID card or even where the other party was.
Fourth, strong system support, because online lending must occur on the network platform, banks must build a strong credit system to support it, and must be able to accept loan applications, conduct a comprehensive analysis of customers, and finally issue loans. Due to the huge daily transaction volume of C2C platform, the manpower, material resources and financial resources spent by this powerful system are unbearable for any commercial bank. Therefore, relevant government departments and trade associations must coordinate and communicate, so that every commercial bank can participate. With the expansion of such loans, the final loan cost will have a great cost advantage over conventional loans.