Renren Loan is an Internet financial platform owned by Jin Fu. It focuses on personal loans and its information disclosure is relatively transparent. It will publish relevant operational data every quarter, so as to facilitate lenders to understand the operating conditions of the platform and predict and judge risks in time. The transaction funds will be deposited and managed by China Minsheng Bank? .
Renren loan not only insists on small-scale dispersion all the time, but also completes the deposit and management of bank funds in February 20 16, which is one of the platforms for completing the deposit and management of bank funds in the early stage.
After years of development, the Renren loan business has covered more than 2,000 regions in more than 30 provinces across the country, serving more than 2 million accurate users. The accumulated turnover of Renren Loan exceeded 46.2 billion yuan (data ended at 20 17, 12, 3 1 3 years), and the group to which Renren Loan belongs had Jin Fu completed1300,000 USD Series A financing, which was the largest single financing record in the industry at that time.
Extended data:
Everyone has a professional credit review.
When users need financing loans, Renren will collect and sort out the personal credit information submitted by users. After comprehensively judging, analyzing, comparing and evaluating the borrower's information, and after completing the risk assessment process, the final examination and approval opinions will be issued. The better the user's credit status, the lower the corresponding borrowing cost.
Everyone's loan management is strict.
Renren Loan adheres to the advanced and strict risk control concept and strictly controls the approval process from the source of creditor's rights. Risk identification is realized through the original rule+experience mode. For the borrower, it is necessary to obtain 4 basic data, 5 public information screening, 8 telephone verification, 35+ scorecard data entry, 100% information association test and over 30% quality inspection coverage to control the asset quality.