2. The interest is different. Credit cards are issued by banks, and the interest is relatively reasonable. How high the interest rate of online loans is, some people know it, and some bad people suffer from it.
3. The consequences are different. Credit cards are products of banks, and the adverse consequences when using credit cards are directly related to personal credit reporting. If they are overdue for a long time, they are also related to criminal law. However, the most serious thing about online lending is violent collection, and there are few criminal prosecutions.
online lending, mbth is Internet lending, and p2p online lending is the abbreviation of online lending, including individual 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. The number of online lending platforms grew rapidly in China in 212, with about 35 active platforms so far, and the total number had reached 3,54 by the end of April 215.
P2P model
Online credit originated in Britain, and then developed to the United States, Germany and other countries. Its typical model is: online credit companies provide a platform for borrowers and borrowers to bid freely and make a deal.
in the traditional P2P model, the online lending platform only provides information exchange, information value identification and other services that facilitate the completion of the transaction, and does not participate in the interest chain of lending. The creditor and the borrower directly have a creditor-debtor relationship, and the online lending platform maintains its operation by charging a certain fee to the lender and the borrower.
In China, because the citizen credit system has not been standardized, it is difficult for the traditional P2P model to protect the interests of investors. In case of overdue, investors will lose all their money.
Therefore, in the continuous exploration and practice of P2P online lending, it is suggested to introduce relatives and friends for joint guarantee in credit loans, and mortgage or pledge for counter-guarantee in other loans. At the same time, the enterprise loan project introduces a third-party financing guarantee company to audit and guarantee the principal and interest of the project, and requires that its guarantee scale should match the guarantee amount of the guarantor, and the guarantor should also strengthen its own risk control management.
online lending, also known as P2P network lending. P2P is the abbreviation of English peer to peer, which means "person to person".
creditor's rights transfer mode
the creditor's rights transfer mode can better connect the borrower's capital demand and the investor's financial management demand, and actively carry out business in batches instead of passively waiting for their respective matching, thus realizing the rapid expansion of scale. It is closely related to the target customer groups whose domestic Internet development has not yet spread to microfinance. Almost all online lending platforms established since 212 are creditor's rights transfer models.