I believe that everyone has been exposed to more and more online loan products. Whether you buy a mobile phone or rent a house or choose an educational institution for your child, you can use the loan. So now you have a lot of loan software on your mobile phone, which is inseparable from our daily life. In addition, there are some online banks, but after all, this is online banking, so there is also some virtuality. Next, let's learn more about whether the online banking loan is legal.
Is online banking loan legal?
Online loan is legal, and it is becoming a trend through peer-to-peer lending. With the advantage of the network, users can complete all the steps of loan application without leaving home, which is very fast. However, not all online lending platforms are formal and legal. For example, some online lending platforms have an annual interest rate of more than 36%, which is usury and illegal.
Teach you how to judge whether online loans are legal.
1. Look at the popularity of the platform. Some influential platforms in China are basically recognized by law and have also been recognized by many consumers.
2. See if there is a formal company in reality. This company must be approved and registered by the industrial and commercial department;
3, look at the nature of the organization, whether to adhere to the positioning of information intermediary;
4. Look at the guarantee and credit enhancement, whether there is a guarantee for the lender or a commitment to protect the capital, interest and high income;
5. Look at the flow of funds, whether there are peer-to-peer funds entering the p2p platform account, and whether to accept the lender's fund collection to form a fund pool;
6. Look at the marketing method, whether there is public publicity outside the platform for unspecified social objects;
Through the introduction of the above contents, we can know that online banking loans are illegal. In fact, there are many informal online lending platforms at present, and we also need to make detailed judgments. First of all, it depends on the popularity of this platform. In addition, we must look at the nature of this platform, the flow of funds, and the last and most critical and simple way to judge is to look at the interest rate of this platform. I hope everyone should keep their eyes open when applying for a loan.
Is it legal to borrow money on the online lending platform?
It is legal to borrow money on the online lending platform supervised by the relevant regulatory authorities.
If the p2p online lending platform provider explicitly provides a guarantee for the loan or has other evidence through web pages, advertisements and other media, the people's court may, at the request of the lender, judge the P2P online lending platform provider to assume the guarantee responsibility.
It can be seen that it is equivalent to "recognizing" various guarantee behaviors carried out by the P2P platform and acknowledging the legitimacy of online lending platform borrowing.
Extended data:
The loan agreement on the online lending platform belongs to electronic evidence and can be used as evidence after examination, that is, the loan agreement on the online platform can be used to exercise creditor's rights.
Methods of judging the legality of online loan companies;
1. Enterprise qualification and team strength, including the time of establishment, relevant certificates of the enterprise, ICP filing of the website, background of the management team, registered paid-in capital, whether it has its own technology research and development team, annualized rate of return, etc. Usually formal online loans have complete business-related documents, and the annualized rate of return is generally maintained between 12%- 18%. You can refer to Galaxy Venture Capital.
2. Guarantee mode. At present, there are three main guarantee modes of online loans: self-guarantee mode, third-party guarantee mode and unsecured mode. The third-party guarantee mode is the best. Once the financier defaults or is overdue, the third-party guarantee will be responsible for compensating the investor. This model is currently trusted and respected by mature investors.
3. The flow of funds. The essence of online lending is to provide intermediary services, and it should not involve transactions. The reason for the cash withdrawal crisis is probably because the company diverted the customers' deposited funds for its own use or other purposes.
References:
Baidu encyclopedia? -Online loan
Is online lending legal?
Not all online lending platform loans are legal. Everyone needs to pay attention to:
1. The online loan market is mixed with many routine loans and usury, and there are many fraudsters. If you are not careful, you will easily fall into a loan scam, causing personal money losses.
2. Generally, only loan platforms with financial licenses approved by the CBRC are considered formal, and the security of account funds will be higher.
3. Although some online small loans have a simple application threshold, they may provide ID numbers or mobile phone numbers, and even make payments directly without review. But because of this, most of them are not very formal, and it is very likely to charge high interest and various handling fees and service fees, and some even sell customer information for profit.
Therefore, it is recommended that you be cautious about online lending. Never borrow from an unknown small loan platform at will, and never seek private lending through the Internet. It is best to choose a licensed loan platform to borrow. Of course, bank loans are naturally safer than online loans.