I. Types of campus loans:
1. Types include staged shopping platforms specifically for college students, such as fun staging. Some banks also offer lower withdrawal quotas. P2P loan platform is used for college students' education and entrepreneurship, such as investing and lending to prestigious schools. Credit services provided by traditional e-commerce platforms.
2. Campus online lending refers to the loan business carried out by some online lending platforms for college students. In recent years, the vigorous development of internet finance has also ushered in the spring of college students' phased consumption market, and many "campus loan" platforms have rushed to colleges and universities. Various online lending platforms provide various loans to college students, which are upgraded from the early "staged shopping". Now, money can be borrowed from the internet for travel, driving test, business and living expenses.
Second, the harm of campus loans:
1. Campus loan is usury. Criminals aim at colleges and universities, taking advantage of college students' poor social cognitive ability and weak psychological prevention ability to carry out short-term microfinance activities. On the surface, the interest rate of this kind of loan is very low, but in fact, the interest earned by criminals is 20 to 30 times that of banks, and the annual interest rate often exceeds 100%. If the multi-platform loan is robbing Peter to pay Paul, the amount of the loan that needs to be repaid will eventually become an amazing number.
2. Campus loans will breed bad habits of borrowing students. The financial source of college students mainly depends on the living expenses provided by their parents. If students have the psychology of keeping up with others, they usually have bad consumption habits, and the expenses provided by their parents are not enough to meet their needs. These students are likely to turn to campus usury to get funds and cause bad habits.