Is it true that online lending is a loan?

Hello, the online loan is real. There is no credit default in the auction loan, the review is formal, and the operation is simple and standardized. As the first loan platform on the Internet, the auction loan is worthy of the name. Paipai Loan was established in June 2007. It is a P2P pure credit unsecured point-to-point lending platform and an internet financial platform approved by the industrial and commercial departments to obtain the qualification of "financial information service". Up to now, it has registered nearly 6 million users and is a senior P2P platform in China. However, investment is risky and you need to be cautious when entering the market.

Online loan introduction:

The full name of the company is "Shanghai Paipai Loan Financial Information Service Co., Ltd." and its headquarters is located in Shanghai. It is the first P2P pure credit unsecured peer-to-peer lending platform in China, and the first Internet financial platform approved by the industrial and commercial department to obtain the qualification of "financial information service". In addition to ordinary investment projects, it also provides users with two portfolio investment tools, Paipaibao and Paipaibao, which are convenient for users to use. More than 1000 employees. By the first half of 20 14, there were nearly 3.6 million registered users, making it the largest P2P platform in China.