The working mode of online lending platform is to collect borrower information and review it on the platform, and then recommend the approved loan demand to investors. Investors will find the loan that suits their risk preference in the loan list that can be selected, and complete the loan to the borrower. The Borrower shall repay the principal and interest on time according to the time limit and interest agreed in this Agreement.
However, it should be noted that online lending is also risky. Borrowers should choose a formal and legal online lending platform to borrow money, and carefully read the terms of the agreement and the loan contract during the loan process. For investors, they also need to control their own risks. Before choosing a loan, we should fully understand and evaluate the borrower's credit status and purpose to prevent risks.