First, Mavericks online brand products
1, safe voting
Safety investment is a commissioned bidding tool launched by Mavericks online platform. The user entrusts the platform to make capital investment in the platform project, and the repayment principal and interest are reinvested by the system entrusted by the customer to ensure the capital utilization rate. After the lock-up period expires, you can apply for transfer, but the household can continue to enjoy the treatment.
2. Monthly cattle update
"Moon Cattle Continuation" is a loan project launched by Mavericks Online with low bidding threshold and dynamic change in yield. Users entrust the platform to bid for multiple creditor's rights, which reduces the bidding risk, the rate of return changes dynamically, the interest is paid regularly, and the interest is no longer invested. The product income increases with the bidding time, and the longer the holding time, the higher the income. From the value date, the withdrawal operation can be initiated on the 30th of each period. The platform initiates the transfer of creditor's rights for users, and the principal and interest will be returned to the online loan account after the transfer is completed.
3, the standard of dispersion
Loose bidding mainly includes credit loans, consumer installment loans, real estate mortgage loans, vehicle mortgage loans and other projects.
Second, the advantages of online lending:
1. The annual compound income is high. 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 above 20%.
2. Simple operation. The authentication, bookkeeping, clearing and delivery of online loans are all completed through the network, and both borrowers and lenders can achieve the purpose of lending without leaving home. Generally, the amount is not high and there is no mortgage. It is convenient for both borrowers and borrowers.
3. Open your mind. Online lending has promoted the interaction between industry and finance, changed the observation horizon, thinking context, credit culture and development strategy of loan companies, and broken the original lending situation.
Third, the shortcomings of online lending:
1. Unsecured, with high interest rate and high risk. Compared with the traditional way of borrowing, peer-to-peer lending has no guarantee at all. Moreover, the central bank has repeatedly made it clear that the annual compound interest rate exceeds 4 times the bank interest rate 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).
2. Credit risk. The inherent capital of 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. Moreover, some borrowers also make loans for the purpose of fraudulent loans, while the founders of the loan platform have some ulterior motives, and cases of absconding with money also occur frequently.
3. Lack of effective supervision means. Because online lending is a new financing method, the central bank and the China Banking Regulatory Commission have no clear laws and regulations to guide online lending. For online loans, the regulatory authorities are mainly neutral, do not violate the rules, and do not recognize them. However, with the prevalence of online lending, it is believed that relevant measures will be formulated and implemented in time.