The networking of private lending makes it easier and faster to borrow money.
Second, what is a commercial loan?
The meaning of commercial loan
Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, with a term of 9 months and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans.
Commercial loans, also known as individual housing loans, are commercial banks and housing savings banks approved by the People's Bank of China to provide loans for urban residents to purchase ordinary housing for their own use, and the legal loan interest rate is implemented. Many commercial banks in Beijing have this business, such as CCB and ABC. The procedures for applying for loans are basically the same.
3. What does personal peer-to-peer lending mean?
Peer-to-peer lending refers to online lending, and borrowers and borrowers can use this network platform to realize "online trading" of lending. Peer-to-peer lending can be divided into b2c and c2c modes.
Network refers to the Internet provided to customers by Internet companies through companies controlled by them. Including personal peer-to-peer lending (P2P peer-to-peer lending) and network. Personal peer-to-peer lending refers to direct lending between individuals through the Internet platform. [ 1]
Fourth, what is peer-to-peer lending?
Online lending, mbth is Internetlending, and p2p online lending is the abbreviation of online lending, including personal peer-to-peer lending and commercial peer-to-peer lending. P2P online lending refers to direct lending between individuals through the Internet platform. It is a sub-category of the Internet finance (ITFIN) industry. In 20 12, the number of online lending platforms in China increased rapidly. Up to now, there are about 350 active platforms, and by the end of April 20 15, the total number of online lending platforms has reached 3054. From 2065438 to September 2009, the Leading Group for Special Remediation of Internet Financial Risks and the Leading Group for Special Remediation of Risks in peer-to-peer lending jointly issued the Notice on Strengthening the Construction of Credit Information System for P2P Online Lending to support the operating P2P online lending institutions to access the credit information system. Advantages and disadvantages of online lending Advantages: High compound annual income. The annual interest rate of deposits in ordinary banks is only 3%, and wealth management products and trust investments are generally below 10%, which is incomparable with the annual interest rate of online loan products exceeding 20%. All processes such as authentication, bookkeeping, liquidation and delivery of simple online loans are completed through the network, and both borrowers and borrowers can achieve the purpose of lending without leaving home, and the general amount is not high and unsecured. It is very convenient for both borrowers and borrowers. Enlightened online lending promotes the interaction between industry and finance, and also changes the observation horizon, thinking context, credit culture and development strategy of loan companies, breaking the original lending situation. Disadvantages: unsecured, high interest rate and high risk. Compared with traditional loan methods, online loan is completely. Moreover, the central bank has repeatedly made it clear that the annual compound interest rate exceeds the bank interest rate by four times and is not protected by law. It also increases the high risk of online lending (generally 7 times or even higher than the bank interest rate). The inherent capital of credit risk online lending platform is small, so it can't undertake large amount of guarantee. Once there is a large loan problem, it is difficult to solve it. In addition, some borrowers also make loans for the purpose of cheating, while some purposes of the founders of the loan platform are not simple, and cases of absconding with money occur frequently. Lack of effective supervision means Because peer-to-peer lending is a new financing means, the central bank and the China Banking Regulatory Commission have no clear laws and regulations to guide peer-to-peer lending. For online loans, the regulatory authorities are mainly neutral and do not violate the rules or recognize online loans. However, with the prevalence of peer-to-peer lending, it is believed that relevant measures will be formulated and implemented in time. Since June 2065438+2008, P2P peer-to-peer lending platform has been exposed to frequent risks, which has seriously infringed upon the legitimate rights and interests of the broad masses of people and disrupted the market economic order. The Ministry of Public Security attached great importance to this, and immediately deployed local public security organs under the unified leadership of party committees and governments, closely cooperated with relevant regulatory authorities, conducted investigations and handled cases according to law, and spared no effort to pursue and recover, and spared no effort to safeguard the legitimate rights and interests of the people and the market economic order. Up to now, the public security organs have filed investigations on more than 380 online lending platforms suspected of illegal fund-raising crimes. According to incomplete statistics, the value of assets involved in this seizure, seizure and freezing is about10 billion yuan. By the end of 20 18, there were 8 133 companies in China. At present, the supervision of informal online lending platforms is stepping up. At the beginning of this year, the central bank and the Bank of China Insurance Regulatory Commission jointly issued the "Opinions on Doing a Good Job in Classified Disposal and Risk Prevention of Online Lending Institutions", requiring that "all institutions that can quit should be closed", and those institutions that are unwilling to voluntarily quit should be strictly investigated for their violations of laws and regulations through compliance inspection.