What's the difference between p2p online lending and bank lending?
P2P online lending features:
1. Lending information is released more quickly and flexibly. Borrowers can publish loan information in time through the website and formulate their own interest rate levels and repayment methods. The operation process is more simplified and convenient, more direct and flexible, which is helpful for borrowers to publish loan information conveniently and quickly.
2. The loan procedures are more simplified and the cost is lower. The whole transaction is completed through the website, which simplifies the whole process and concentrates on a unified operating platform, reducing complicated procedures and process approval, shortening the loan cycle and greatly reducing the borrower's loan cost.
3. The borrower's loan information and credit status can be publicly inquired and compared. Through the website, you can directly query and compare the information and credit status of borrowers. For lenders, it is better to compare the information of each loan list with the borrower's situation, and choose different interest rates, loan periods and loan amounts for borrowed funds, which is helpful to reduce the risk of lenders.
4. Electronic loan contract mode. Different from the traditional loan method, the whole transaction contract is stored electronically on the website platform, which makes both borrowers and borrowers not limited by geographical and time factors, and promotes the possibility of establishing loan relations between strangers.
In addition, P2P online lending, as a financial innovation generated by the combination of traditional lending business and Internet technology, brings not only changes in form, but also a purer credit transaction model in a specific lending business field.
Types of bank loans:
1. According to different repayment periods, it can be divided into short-term loans, medium-term loans and long-term loans;
2. According to different repayment methods, it can be divided into demand loans, term loans and overdrafts;
3. According to the different purposes or objects of the loan, it can be divided into industrial and commercial loans, agricultural loans, consumer loans, securities broker loans, etc.
4. According to the different loan guarantee conditions, it can be divided into bill discount loan, bill mortgage loan, commodity mortgage loan and credit loan.
5. According to the different classification of loan amount, it can be divided into wholesale loans and retail loans;
6. According to the different classification of interest rate agreements, it can be divided into fixed-rate loans and floating-rate loans, and so on.
Difference between p2p Online Lending Platform and Private Lending
The difference between p2p online lending and private lending;
First, the relationship is dull.
Compared with the traditional private lending, the biggest feature of P2P is peer-to-peer, that is, the final fund supplier and the final fund demander directly establish the lending relationship, with short capital chain and flat lending relationship. This has two advantages:
First, there is no multiple lending relationship, and the final fund supplier may get higher interest rates, and the final fund demander may get funds with lower interest rates, which improves the inefficiency of lending;
Second, there is no credit intermediary involved in the lending relationship, and there is no risk of the whole lending system caused by the break of the credit intermediary capital chain.
Second, information transparency.
The second characteristic of P2P is that it can break through the time and space limitation of information transmission by taking the network as the intermediary. The most direct result is that the information is relatively transparent, the matching efficiency of borrowers and lenders is improved, and the matching time is shortened. Moreover, information can be directly transmitted between borrowers and borrowers, which saves intermediate links and avoids the distortion of information in the transmission process.
Third, credit financing.
P2P lenders lend money out of the need of financial management, which is the development trend of private lending in recent years. In the traditional bank lending relationship, depositors deposit funds in banks to store funds. In the traditional non-governmental lending relationship, most lenders lend funds out of kinship, geographical relationship or industrial relationship, and the first purpose of lending funds is to maintain the relationship rather than increase the value of funds. P2P, on the other hand, is not the case-borrowers and lenders establish relationships through the Internet, and lenders borrow for the purpose of capital appreciation. In fact, lending is used as a financial management tool.
Fourth, interest rate marketization.
There are two ways to determine the interest rate of P2P. First, in the case of guarantee, the lender's interest rate is determined by the guarantor, and the cost of capital paid by the borrower is equal to the lender's interest rate plus risk reward; Second, in the absence of guarantee, the lending rate is determined by the bidding of both borrowers and borrowers. In any case, interest rate is a reflection of the real price of market funds.
What's the difference between P2P online lending and P2P online lending?
Over 25 years old;
Work, social security or provident fund;
Personal insurance;
House and car (monthly payment is also acceptable);
Good credit information.
Meet one of the above, you can get a loan. At the very least, online loans must have a source of repayment.
Qian Duoduo: What's the difference between P2P online lending and peer-to-peer lending?
Application conditions:
1, Chinese mainland residents aged 18;
2. Have a stable address and work or business place;
3. Have a stable source of income;
4. Without a bad credit record, the loan cannot be used for stock trading or gambling.
5. Other conditions required by the bank.
Processing flow:
1. Submit an application to a local bank or lending institution;
2. Prepare various materials required for the loan;
3. Face-to-face signing of banks or lending institutions;
4. The bank examines the qualifications of the lender;
5. After approval, the loan was issued successfully.
Minute Finance: What's the difference between P2P online lending and online lending?
The main operation mode of P2P loan company is online service, in which investors and borrowers cooperate directly online, while the main operation mode of the company is offline service, in which investors and borrowers cooperate face to face online, with geographical restrictions.
What's the difference between p2p and P2P?
Difference 1: the operation mode is different.
The main operation mode of P2P investment and financial management is online service. Investors and borrowers cooperate directly on the Internet. The company's main operating mode is offline service. Face-to-face cooperation between investors and borrowers on the Internet has geographical restrictions.
Difference 2: the nature of the company is different
In the whole lending relationship, P2P financial platform does not participate in any capital transaction, but only acts as an intermediate relationship, which is linked by borrowers and investors to provide them with corresponding services. Private lending companies are different. Their main business is to provide all kinds of loans to attract the majority of borrowers to come to the loan.
Difference 3: the charging method is different.
Peer-to-peer is a person who has money and investment ideas. P2P lends money to other people who need loans by means of credit loans through qualified intermediaries. And collect account management fees, service fees and other income. But the company only charges corresponding interest. Interest rates will be higher. P2P is an agency that provides intermediary services, not to let more people borrow money.
Difference 4: Different interest rates.
The company's loan funds are all from shareholders, so the interest rate is relatively high (no other hidden costs). The lending funds of P2P credit institutions all come from investors, which is a person-to-person service. So the interest rate is slightly lower (there are other additional fees).
You can apply at the local bank.
Application conditions:
1, Chinese mainland residents aged 18;
2. Have a stable address and work or business place;
3. Have a stable source of income;
4. Without a bad credit record, the loan cannot be used for stock trading or gambling.
5. Other conditions required by the bank.
Processing flow:
1. Submit an application to a local bank or lending institution;
2. Prepare various materials required for the loan;
3. Face-to-face signing of banks or lending institutions;
4. The bank examines the qualifications of the lender;
5. After approval, the loan was issued successfully.
P2P includes two aspects: lending. Through the intermediary of a third-party company, the borrower and the borrower form a loan relationship, and the interest is high or low. It's just that individuals lend money to companies with high interest rates. The source of the loan may only be the loan company itself, so the security is poor.
What is P2P loan? What is the difference between P2P loan and bank loan?
P2p is a person-to-person loan. Peer-to-peer lending used the online platform to match personal loans. Bank loan, the bank is an institution, and the borrower can be an institution or an individual, so it should be called institution-to-institution or individual loan. Applying for a loan on P2P platform needs to pay several times the interest of bank loans, but the threshold is low and the lending speed is fast, while the bank's loan threshold is high and the lending speed is extremely slow.
What is offline investment, and what is the difference with P2P?
Offline items refer to the items below the operating profit in the income statement, that is, non-core income. It is also common to manipulate income through offline projects such as investment, joint venture, asset replacement, financial restructuring and even government subsidies. With operating profit as the boundary, projects with operating profit above are called online projects, and most of them are considered as formal projects; The items under operating profit are called offline items, which are considered to be mostly accidental.
Difference:
1. Is there a physical store?
Offline investment projects have physical stores, and P2P peer-to-peer lending has no physical stores.
2, whether there are specific projects.
There are specific projects for offline investment, and P2P services for peer-to-peer lending do not necessarily have specific projects.
3. Whether the borrower is plural.
The number of recipients of offline investment can be plural, and P2P is a peer-to-peer lender.
Extended data:
Peer-to-peer microfinance is a business model, which collects a very small amount of money and lends it to people who need it. Its social value is mainly reflected in three aspects: meeting personal capital demand, developing personal credit system and improving the utilization rate of social idle funds. As an intermediary platform, Internet credit companies (third-party companies and websites) provide a network platform for information release and transaction realization with the help of Internet and mobile Internet technology.
Connect borrowers and lenders to meet their respective borrowing needs. The borrower publishes the loan target on the platform, the investor bids to lend to the borrower, and both borrowers and borrowers bid freely, and the platform closes the transaction. In the process of lending, information, funds, contracts and procedures are all realized through the network. It is a new financial model developed with the development of internet and the rise of private lending, and it is also the development trend of financial services in the future.