The traditional loan channel originates from offline and has loan demand. People first think of major banks, such as China Bank, China Industrial and Commercial Bank, China Construction Bank, etc. It is safer to borrow money from the bank, which is the first choice of many people. In addition to banks, offline lending institutions include microfinance companies, small and medium-sized financing guarantee companies, third-party financial institutions and so on.
Nowadays, with the development of nursing network, many online lending platforms have been born for convenience. Internet finance can avoid risks such as illegal fund-raising, bad debts and running away, but there are also some informal or irregular online lending platforms that harm many people.
At present, the better loans with a wider audience are Ant Flower Garden, Borrowing Garden, Micro-loan, JD.COM White Strip and Wanda Loan; There are also platforms owned by major banks, such as Ping An Pratt & Whitney, Zhong An Xin Ye, and Renren Loan.
There are only two common loan methods. One is mortgage loan: the borrower is required to provide a certain amount of collateral as a guarantee for the loan to ensure the repayment of the loan at maturity. After the loan expires, if the borrower fails to repay the loan on time, the bank has the right to auction the collateral and repay the loan with the proceeds from the auction. Such as securities, bills, stocks, real estate, etc.
2. Credit loan: refers to the loan granted on the credit of the borrower, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee.
For a long time, this kind of credit loan has been the main loan method for banks in China. Because this kind of loan is risky, it is generally necessary to conduct a detailed investigation on the borrower's economic benefits, management level and development prospects in order to reduce the risk.
Finally, I would like to remind you that there are many ways to borrow money, and it is best to choose another way as a last resort. The interest and repayment corresponding to each platform and loan method are different, so be sure to know before lending.