Many loan platforms will not be audited on the first day of the new year, so students should pay attention to the time when using them and try to avoid legal holidays. In the early days of piggy bank, they mainly obtained assets through cooperation with external channels.
In addition to small short-term loans, there are also large long-term mortgage loans and supply chain financial assets, and then considering compliance issues, the proportion of large-scale assets will be gradually reduced.
The piggy bank under the trend
In the cooperation with the asset side, piggy bank saw the huge market demand and profit space of online microfinance. At that time, all kinds of supervision for P2P had not yet been introduced, so piggy bank decisively entered the market and launched the online microfinance APP "cash loan" in May of 20 16.
The credit line of "cash loan" is 500-2000 yuan, and the loan period is 20-60 days. At present, it contributes more than 2 billion per month. Wang Jian believes that consumer credit may increase five times in the next five years, which is actually a general trend, and piggy banks must follow the trend. With the rapid increase of "cash loan" loans.