The "pyramid model" is a tool for lending institutions to provide investors with investment and financial guidance. Mainly by evaluating the risks and benefits of the platform, we can connect with users' risk tolerance and help users choose their own investment and financial management platform. You know, there is no absolutely safe product, only you can take risks. The "pyramid model" is your investment and financial assistant and knows yourself better than you.
Basic introduction of renren loan
Renren Loan is a subsidiary and independent brand of Renren Group, and it is the earliest P2P credit lending platform based on the Internet in China. The loan projects on its platform are mainly composed of credit standard and guarantee standard, and the investment projects mainly include the following two categories;
1.U plan: u plan will automatically bid for eligible targets within the scope of targets recognized by users, and automatically reinvest after returning the principal, and withdraw after the creditor's rights reach its system.
2. Large-scale investment: mainly divided into 1 and wage loans, mainly for the convenience of working-class individuals and individuals with stable income to provide loans for shopping and consumption; 2, enterprise loans, mainly for private owners to provide capital turnover, enterprise expansion of capital lending needs; 3, online business loans, mainly convenient for Taobao shop owners to operate stores and capital loans.
According to Lending Out, an Internet financial risk assessment agency, the comprehensive rate of return of Renren Loan Platform last week (from September 15 to September 2 1 day) was 12. 12%, with an average loan amount of 60,000 and an average loan period of 28.85 months.
Basic introduction of pleasant loan
Pleasant loan is a person-to-person lending service platform launched by CreditEase on 20 12. The loan projects on the platform are all guarantee targets, and the platform provides principal and interest guarantee. Investment projects mainly include the following three categories:
1. Elite standard: mainly divided into consumer loans, business loans and loans for other purposes. Borrowers are generally individuals, and the platform provides principal and interest protection. However, pleasant loan has no cooperative guarantee company, and the loan review procedure is also completed by itself.
2. Financial services: mainly a win-win project launched by Pleasant Loan Platform. Judging from its products, the initial investment amount is generally1-30,000 yuan, the annualized rate of return is 7%- 10%, and the investment period is 6- 12 months. During this period, the funds are closed and cannot be transferred and realized.
According to Lending out, an Internet financial risk assessment agency, last week (from September 15 to September 2 1 day), the comprehensive rate of return of Renren Loan Platform was 1 1.77%, with an average loan amount of 72,260 and an average loan period of 33.26 months.
Renren loan &; Yirendai
Difference:
1. The bidding time data of Renren Loan is open for bidding, and the average bidding time is very short. However, the bidding record of pleasant loan is only accurate to the day, and the statistics of complete bidding time become meaningless. Some investors suspect that the pleasant loan platform is suspected of misappropriating investors' funds.
2. Renren loan platform cooperates with guarantee institutions such as Zendai Express Loan and Zhongan Xinye, mainly for operating loan projects. Pleasant Loan Platform has not announced any cooperation with any guarantee institutions, and the platform's principal and interest guarantee for loan projects is platform self-guarantee.
3. The commercial loan project of Renren Loan has "field authentication standard", which is a product jointly launched with Zhong You Xinye Financial Information Service (Shanghai) Co., Ltd. ... Through the field visit, audit and investigation of the borrower by the staff, Xinyou has also set up a risk deposit to increase the risk control management of platform loan audit. In this regard, all the loan audits of pleasant loans are completed by themselves.
Similarities:
1. These two platforms are representative personal-to-personal lending models at present, and they are mainly based on microfinance standards. The products of the platform are mainly a financial planning product and scattered standard projects. On the borrower side, it is the borrowing demand of private owners, individual entrepreneurs and shopping consumption.
2. Both platforms are micro-credit loans, and both have certain loan default risks. However, formally, because of small loans, risks will not be concentrated on a few borrowers. Compared with large P2P platforms, small amount is equivalent to dispersing platform risks.
3. Both platforms have their own relatively perfect loan review process, which mainly includes credit report, identity authentication and work authentication income proof. Because it is a credit loan, whether the audit process is standardized is directly related to the borrower's expectation or default. For investors, it is related to investment risk. So far, both platforms have performed well.
4. The comprehensive yields of the two platforms are around 12%, and the average borrowing period is close to 30 months.
5. Both platforms have bond transfer service, which is a more humanized design for investors. In order to promote investment
Human capital flows, that is, before the project expires, you can transfer the purchased project to other investors in advance, so that your own funds can be liberated.
To sum up, the "lending" institutions put the two platforms of Renren Loan and Pleasant Loan on the fourth floor of the "pyramid model", which mainly shows that credit loans are risky, but mainly small personal loans, and the risks mainly come from the standards of loan review. Let me explain here that from the perspective of platform data and risk control management, investors have higher trust in Renren loan than Pleasant loan. Lending institutions once again call on Pleasant Lending to learn from Renren in some places, hoping that the two platforms can become two benchmark platforms for the domestic P2P personal lending industry.