College students have a weak awareness of the dangers of online loans, have no source of income, and have a light ability to take risks, which is easy to overdue. According to media reports, a few days ago, the China Banking Regulatory Commission (CBRC) and various departments officially issued a document saying that online lending and other institutions are prohibited from issuing loans to college students. According to media reports, more than half of the customers of some small loan companies are college students, and the company even designs loan products specifically for college students to induce them to make loan consumption. This phenomenon not only brings huge bad debt risk to lending institutions, but also brings huge burden to college students.
Many college students have no social experience at all. When they see the convenience of online lending, they will continue to lend and finally make themselves heavily in debt. Online lending institutions have also taken a fancy to this, so they deliberately lend a lot to college students. Although college students are not working, online lending institutions can directly contact their families and threaten the other party to pay back the money, otherwise their overdue information will be recorded in the credit record.
It is this routine that has harmed one college student after another, and many famous university students have also suffered from it. At present, the regulatory authorities directly require institutions to prohibit the issuance of mortgage loans to college students. That is to say, it is illegal to issue loans to college students. Even if it is overdue in the later period, lending institutions cannot go to the credit bureau.