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What is the meaning of bidding that P2P online loans often use?
1.What do you mean by bidding commonly used in P2P online lending?

If automatic bidding is set, the platform system will automatically analyze your assets and help you invest when the target is released.

2. What is the meaning of bidding that P2P online loans often use?

Bidding means that you lend money to the borrower. A loan of the borrower is placed on the bidding target of P2P, and we bid for this target.

3. What is online p2p?

Online P2P mode is a pure online peer-to-peer lending with pure credit. Loan application, bidding, risk review and loan issuance are all conducted online, and enterprises only provide a platform for both parties to match. P2P is the abbreviation of English Peer to Peer (or peer-to-peer), which means partner to partner. Also known as Peer-to-Peer peer-to-peer lending, it is a private micro-lending model, which gathers small amounts of funds and lends them to people who need them. It belongs to a product of Internet Finance (ITFIN). It belongs to private microfinance, an online credit platform built with the help of Internet and mobile Internet technology, and related financial management behaviors and services.

4. What is the meaning of the landmark in 4.p2p online lending system?

Tianbiao is a kind of standard in online lending, which takes days as the unit and generally does not exceed 30 days. This means that short-term bidding is more suitable for investors who have liquidity requirements.

In the case of normal borrowing, the sky mark appears less. The Japanese bid issued by P2P online lending platform mainly includes: bridge bid, impulse bid, and the platform's dismantling bid to cater to investment. The repayment method of Tianbiao is mainly due repayment.

Income is calculated as follows:

1. According to the daily interest rate, investment income = investment amount and interest-bearing days.

2. According to the annual interest rate, the investment income = annual interest rate /360-day investment return ratio.