At present, Happy Tiger is a newly launched loan. At present, the loan threshold is relatively low, the loan review is fast and the amount is relatively high.
1. Internet loan refers to the steps of completing loan application without leaving home with the help of the advantages of the Internet.
Including understanding the application conditions of various loans, preparing application materials, submitting loan applications, etc., can be completed efficiently online.
On 2017165438+10/2 1 day, the office of the leading group for special work on internet financial risks issued the notice on immediately suspending the examination and approval of online microfinance companies, and decided that the supervision departments of microfinance companies at all levels should not approve new online (internet) microfinance companies, and prohibit the new batch of microfinance companies from crossing provinces.
Two, the main difference between secured loans and unsecured loans is whether there is a guarantee:
A secured loan requires you to mortgage items or pledge valuable intangible items. If you don't repay the loans at maturity, the lender can take them away. What does an unsecured loan mean? You don't need to provide it. Unsecured loans can also be called credit loans.
Unsecured loans are usually more common in personal loans, especially small consumer loans, but the interest rate of such loans is usually higher than that of ordinary personal loans because they only refer to your reputation as the source of repayment.
Third, the risk of online loans.
1, the virtual nature of online transactions leads to the inability to authenticate the credit status of both borrowers and borrowers, which is prone to fraud and breach of contract disputes and cannot be repaid.
2. Many lenders' information published on the Internet platform is published in the name of "loan company" and "financing company". In fact, financial institutions must be approved by the state to engage in financial services such as credit financing. Those who engage in financial activities without authorization are often investigated for "illegal fund-raising" and "illegal absorption of public deposits" and disrupting the order of financial management.
3. If the loan is issued on behalf of the network platform, then if the network platform neglects self-discipline, or the internal control procedures fail, or are used by others, there may be cases of fabricating loan information and illegally raising funds.