2. Credit risk: The original capital of the online lending platform is small, and it cannot bear huge guarantees. Once there is a large loan problem, it is difficult to solve it. Moreover, some borrowers make loans for the purpose of fraud, while the founders of loan platforms have some purposes that are not simple, and examples of absconding with money frequently appear;
3. Lack of effective control means: As online lending is a new financing method, the central bank and the China Banking Regulatory Commission have no clear policies and regulations to guide online lending.
The above is the harm of peer-to-peer lending.
Can online loans always be refused?
If the online loan is rejected, the user can reapply for the online loan. However, if the reasons for the overall rejection of online loans are not clear and the problem is not solved, re-applying for online loans may also be rejected. For example, if personal credit is not good and all kinds of bad behaviors are recorded by big data, it is very easy to be rejected for online loan applications.
The difference between bank loans and online loans
1, different lenders: the lender of bank loans is a bank, while the lender of online loans is generally a finance company;
2. Different thresholds: the threshold for bank loans is relatively high, and it is important to look at the borrower's repayment ability. The threshold for online loans is relatively low, mainly depending on the materials provided by the applicant;
3, the steps are different: there are many bank loan processes, and the applicant needs to sign in the middle. The steps of online lending are simple, and the quota can be obtained by submitting the material system evaluation;
4. The lending speed is different: the lending speed of bank loans is relatively slow, which is more than half a month or even half a year faster. Online loans can be released within two hours at the earliest;
5. The loan interest rate is different: the bank loan interest rate is almost transparent, and the online loan interest usually has a lot of inside information and is quite high;
6. Different loan quotas: Bank loan quotas range from small to large, with various loans ranging from several thousand RMB to tens of thousands of millions. The amount of online loans is much lower, mostly thousands to tens of thousands of RMB.
This paper is mainly about the knowledge of the harm of peer-to-peer lending, and the content is for reference only.