Why do you need to borrow thousands of dollars from P2P online loans? A credit card can solve the problem. This situation is not fixed.

People with credit cards have relatively better earning power and better quality of life, so if they have small financial needs, they can meet their financial needs through a variety of channels. P2P financing costs are higher than credit cards, but the approval rate is higher than credit card applications. Moreover, P2P is more flexible and timely, and only those who need funds will turn to P2P for loans. Moreover, compared with P2P borrowers, it is more difficult to find bank funds, so they will accept higher financing costs for borrowing.