What are the hazards of campus loans?

1. Once overdue, the dunning is "all-round". In some cases, once the student's payment is not paid, the online goods platform will not recover the payment through proper channels, but will use threats such as sending text messages to parents, relatives, friends and teachers, posting posters on campus, and even arranging people to block the door to urge students to pay their debts.

2. It is easy to breed the bad habit of borrowing. Some students like to compare with others and have bad habits. The expenses provided by parents can't meet their needs. These students may turn to usury on campus to obtain funds, which may lead to gambling, alcoholism and other bad habits, and even skip classes and drop out of school because they are unable to repay.

3. It is easy to induce other crimes. Lenders may use campus "usury" to defraud students of collateral and deposits, or use student information to engage in telephone fraud and defraud credit cards.

1. Campus loan refers to the behavior of students borrowing from formal financial institutions or other lending platforms. On April 20 16, the Ministry of Education and the China Banking Regulatory Commission jointly issued the Notice on Strengthening the Prevention and Education Guidance of Peer-to-Peer Lending Risks in Bad Campus, explicitly requiring colleges and universities to establish a daily monitoring mechanism and a real-time early warning mechanism for Peer-to-Peer Lending in Bad Campus, and at the same time establish a disposal mechanism for Peer-to-Peer Lending in Bad Campus. 2065438+September 6, 2007, the Ministry of Education issued a clear statement that "campus loan business is prohibited, and no online lending institution is allowed to issue loans to college students." 2065438+On September 4, 2008, People's Daily published an article "There are chaos in some campuses, such as leaseback loans, job-seeking loans, training loans and entrepreneurial loans".

Second, strictly speaking, campus loans can be divided into four categories:

(1) Consumer finance companies, such as interest installment and periodic installment, also provide lower withdrawal amount in some cases;

(2)P2P loan platform (online loan platform), which is used to help college students start businesses, such as famous school loans. Due to national regulatory requirements, most formal online lending platforms, including prestigious school loans, have suspended campus loan business;

(3) Offline private lending

Private lending institutions and lenders are commonly known as usury. Usury usually carries out false propaganda, offline contracts, illegal intermediaries, and charges ultra-high interest rates. At the same time, there are problems such as violent collection, and victims usually suffer huge property losses and even threaten their own safety.

(4) Banking institutions

Campus products provided by banks for college students, such as the "lightning loan for college students" of China Merchants Bank, the "Golden Bee Campus Express Loan" of China Construction Bank and the "Learning E Loan" of Qingdao Bank.