Zhaolian Finance is a company that provides online consumer loans, and its products are applied and managed through Zhaolian Financial APP. The company's loan features include: the loan type is consumer loan, the loan funds come from its own funds, and it does not involve absorbing public deposits; The maximum loan amount shall not exceed 200,000 yuan; The purpose of the loan is limited to daily consumption, excluding mortgage and car loan. Borrowers can apply for loan lines online, and the whole process of actual borrowing and repayment can be completed online. Therefore, Zhaolian Finance can be divided into online loans and loans from consumer finance companies.
What is online lending?
P2P online lending refers to direct lending between individuals through the Internet platform, which is a form in the Internet finance industry. In 20 12, the number of P2P lending platforms in China increased rapidly, and there are about 350 active platforms at present. By the end of April 20 15, the total number of P2P lending platforms in China had reached 3054.
Online lending is the mbth of Internet lending, including personal peer-to-peer lending and commercial peer-to-peer lending. Personal peer-to-peer lending refers to lending transactions between individuals through the Internet platform. Commercial peer-to-peer lending refers to the loan transaction between enterprises and individuals through the Internet platform.