What is the normal interest rate of online loans for ten thousand years?

"Low threshold" makes "bottomless pit" loans become arrears.

"If it is not so easy for social loans to enter the campus, it is not so simple to apply for campus loans, and my children will not be forced to die by usury." Zheng Xianqiao said. In March of this year, his sophomore son, Xu Zheng, committed suicide by jumping off a building because of the burden of "campus loan". According to the school's report, Zheng Xu borrowed and fraudulently used the identity information of 28 students to repay the debts owed by online gambling and stock trading, and bought high-end mobile phones on online platforms such as "Everyone Staging" and "Premium Staging" respectively, and applied for loans on loan platforms such as "Love Learning Loan", involving an amount of 589,500 yuan. In fact, Zheng Xu's experience is not a case. Nowadays, "low threshold" has become a weapon for all platforms to "grab the beach" in the campus online loan market. For the loan information of the same borrower, there is no data sharing between platforms, which easily leads to repeated credit risks.

Experts in the industry believe that the "low threshold" operation mode of the platform for customers is likely to lead to risks such as repeated credit granting, "being loaned", fraudulent loans and bad debts of the platform. "The loan threshold is low, and the borrower's qualification examination is not strict or there is no qualification examination at all." Li Xianrui, an analyst at the Bank Financial Research Center and P2P Online Lending Group, said that for the loan information of the same borrower, there is no data sharing between the "campus loan" platforms, and the same borrower may borrow from multiple platforms at the same time, resulting in excessive debt. Once there is a problem, the consequences are very serious. Shi, CEO of Online Loan House, said that lax examination qualification can easily lead to "loan" incidents. "College students lack awareness of information security and self-protection, and their identity information is easily borrowed by others to apply for loans. Shi believes that such loans are often unhealthy loans and even constitute fraudulent loans.

Fang Ping, CEO of installment music, believes that the current "campus loan" is developing rapidly and in chaos, and a considerable proportion of college students lack credit and have poor self-control, resulting in the phenomenon of multi-head loans. According to its disclosure, a college student credit union has been established in conjunction with various campus staging platforms, calling on enterprises participating in the credit union to strengthen the enjoyment of user information and establish a malicious cash blacklist system. Gao Sheng, the public relations director of Staging Music Orange, also said that in order to deal with the possible repeated credit problems, Staging Music will set up a risk alliance with several other online lending platforms to enjoy risk data and promote information sharing in the industry. "Mainly to establish a blacklist * * * sharing mechanism. For example, if a user is overdue on a certain platform, this information will be shared with other companies. Once the risk is discovered, it will be controlled at the source. " Gao Sheng introduced that the alliance is currently in the information docking stage.

The loan interest rate is as high as 25%.

According to the statistics of silver rate. Com, the interest rate of platform loans involving campus loans is generally high, and the annual interest rate paid by individual project borrowers is above 25%. After investigation, it is found that staged products based on e-commerce platform, as well as staged shopping platforms such as fun staging, staged music, and love learning loans are well received by college students, and the latter can provide the function of withdrawing loans. Among them, the "fun white note" launched by fun stages can provide a loan amount of more than 1 1,000 yuan, and users can choose the installment period of 1- 18 months; The cash withdrawal business of installment music is widely used, including traveling, eating, playing games, karaoke and watching movies. The withdrawal amount can also range from 600 yuan to more than 10,000 yuan, and the withdrawal amount can be directly transferred to the bank card. While promoting the cash withdrawal product "Bai Hua", Ai Xue Loan also provides three installment combinations of interest-free coupons.

It is not easy to repay the principal and interest, but also "skin"

Most students do not pay attention to the default risk behind the loan when they handle the campus loan easily. In the event of default, some online lending platforms began to use their own "means" to collect debts from students.

According to Amy, there was a lot of publicity on campus at first, and she also received leaflets in the dormitory. Regarding whether she was worried about the risks behind it, Amy said that the concepts of "late payment fee" and "liquidated damages" were not particularly emphasized when understanding the products at that time. "It doesn't matter to me, because I won't break the contract. At that time, I paid it off in installments in the next few months. " However, Amy said that she was afraid to call her parents when she heard that the deadline was unclear. The phone numbers of students' parents and friends are "important weapons" for online loan companies to collect debts.

Financial analysts have made a statistical analysis of the actual situation of various charges of "campus loan", and found that contrary to smooth loans, in order to repay campus loans smoothly, in addition to the principal and interest, it is often necessary to peel off several layers of skin. In addition to the agency fee, there are also handling fees, agency fees and deposits withheld by some platforms. It also includes high penalty interest and management fees after overdue, and there are many names. Moreover, although these fees deducted from the beginning have never been given to students, students still need to pay interest for the money they have not lent.

Analysts from Banking Financial Research Center and P2P Online Lending Group said that many "campus loan" platforms have uncivilized debt collection methods such as "relationship collection". "Students are required to fill in the real contact information of several classmates, friends or relatives when borrowing money." Li Xianrui introduced that if students can't repay on time, the platform will inform their relationship circle of the overdue information of students. "If he can't afford it, his parents can still pay." The general manager of an online loan company said that online loan companies will find the phone numbers of students' parents through various channels. The general manager of the online loan company also introduced that the online loan company has set up a special debt collection team to collect debts. "In the past, the company's own people called to send text messages, and sometimes they asked the agent manager to urge customers. Students are much simpler than adults, just scare them. " According to the general manager, the company now has a special debt collection team responsible for collection.

The person in charge of risk control of an online loan company introduced that it has its own set of "ten-part" dunning, namely: sending QQ notifications to all overdue loan students in groups; Send text messages alone; Make a phone call alone; Contact the roommate of the loan student; Contact the parents of the students; Contact the warning students again; Send a lawyer's letter; Go to school to find students; Posting posters of students' arrears in school public places; The last step is to send text messages to all the students' relatives and friends. "Generally, in the fourth step, the students will repay the loan." The person in charge of risk control of the online loan company said. For the high liquidated damages and late fees in the "campus loan" market, Gao Sheng introduced that online lending platforms such as installment music will jointly establish a risk alliance, and "capped liquidated damages" is one of the rules.

How to avoid the "black hand" of campus online loan

There are many bad traps in online lending now. How do college students shut out the "black hand" of online loans?

Experts remind that there are many risks in bad "campus loans". For example, usury, induced loans, and increasing credit lines. It is easy for students to fall into the trap of "serial loan"; Some campus lending platforms induce students to over-consume and over-consume; There is information theft in the bad online loan platform on campus.

Risk, those who are fraudulently identified may face problems such as discrediting credit records and debt collection; The development mode of campus online loan platform "campus agent, subcontracting commission at different levels" destroys the campus order, and the phenomenon of violent debt collection threatens the personal safety of students.

Lawyer Fan suggested that bad peer-to-peer lending and college students dropping out of school should be started from two aspects: standardizing peer-to-peer lending platform and guiding college students to consume healthily. First of all, relevant departments should standardize the business of peer-to-peer lending platform, strictly control its capital flow and channels, and ensure the rational use of funds. On the one hand, the lending platform should be required to strictly examine the loan qualifications of college students, and the platform should bear corresponding responsibilities for students whose false information has not been verified or whose repayment ability is obviously insufficient; On the other hand, the interest rate of online loans should be limited, especially for college students. Secondly, schools should guide and educate college students to spend according to their abilities, give full consideration to their families and their own economic affordability, and don't lead to blind consumption, excessive consumption and advanced consumption because of vanity and comparison. For students with financial difficulties in their families who have to borrow money through the "campus loan" platform, they must keep their eyes open, learn more about interest rates, overdue consequences and other information, make a reasonable repayment plan, and safeguard their legitimate rights and interests.