Internet financial network loan

What is Internet lending?

Internet lending, the foreign name is Internetlending, p2p online lending is the abbreviation of Internet lending, including individual online lending and commercial online lending. P2P online lending refers to direct lending between individuals through the Internet platform. It is a subcategory in the Internet Finance (ITFIN) industry. The number of online lending platforms has grown rapidly in China in 2012. So far, there are about 350 active ones, and the total number as of the end of April 2015 was 3,054.

In September 2019, the Leading Group for the Special Rectification of Internet Financial Risks and the Leading Group for the Special Rectification of Online Loan Risks jointly issued the "Notice on Strengthening the Construction of the Credit Information System in the Field of P2P Online Lending" to support operating P2P Online lending institutions are connected to the credit reporting system.

The essence of Internet finance is still finance, and it has not changed the hidden, contagious, widespread and sudden characteristics of financial risks. Strengthening Internet financial supervision is an inherent requirement to promote the healthy development of Internet finance. At the same time, Internet finance is a new thing and an emerging industry. It is necessary to formulate moderately loose regulatory policies to leave room and space for Internet financial innovation. By encouraging innovation and strengthening supervision to support each other, we will promote the healthy development of Internet finance and better serve the real economy. Internet financial supervision should follow the principles of "legal supervision, appropriate supervision, classified supervision, coordinated supervision, and innovative supervision", scientifically and reasonably define the business boundaries and access conditions of each business format, implement supervisory responsibilities, clarify the bottom line of risks, protect legal operations, and resolutely Crack down on illegal activities and irregularities.

: 1. Online loans will not incur penalty interest and liquidated damages, but will face collections, and may also be included in a third-party credit blacklist.

(1) Penalty interest and liquidated damages: If the loan is not repaid, the first thing you will encounter is high penalty interest. Some financial institutions also require you to pay a liquidated penalty on top of the penalty interest. These The fees add up to a huge amount of money. If you don’t want to get stuck in a loan quagmire and be unable to extricate yourself, you’d better develop good repayment habits.

(2) Facing collection: Many people do not pay back the money they owe, all because they have been collected! When the debtor is overdue, online loan platforms will inevitably use various means to collect. If the debt has not been repaid after a long period of collection, some online loan platforms will go to a third-party collection company to collect the debt.

(3) Inclusion in third-party credit blacklist: Although many online loans are not creditworthy now, there will be online loan credit databases and online loan credit blacklists. Once listed in these If you leave a bad record in the credit reporting system, it will be very difficult to borrow money from other platforms.

What is Internet finance?

Internet finance includes third-party payment, P2P online lending, Internet-based funds, crowdfunding, and equity crowdfunding. Among them, typical products of third-party payment platforms include Alipay, WeChat Pay, Union Quick Pass, etc. Typical products of P2P online loans include Paipaidai, Yirendai, etc. Typical products of Internet funds include Yu’e Bao, etc. Typical products of crowdfunding include JD Crowdfunding, etc. Typical products of equity crowdfunding include Angel Investment, etc.

1. P2P online lending is called Peer-to-Peerlending in English, which is peer-to-peer credit. It is also called "Renrendai" in China. P2P online lending refers to the matching of borrowing and lending funds through a third-party Internet platform built by a P2P company. It is a "person-to-person" direct credit model. That is, a qualified website (third-party company) serves as an intermediary platform, borrowers issue loan bids on the platform, and investors bid for loans to borrowers.

2. Online lending refers to the fact that in the lending process, materials, funds, contracts, procedures, etc. are all realized through the Internet. It is a new type of lending that has developed with the development of the Internet and the rise of private lending. financial model, which is also one of the development trends of financial services in the future. According to estimates by Wangdaizhijia, as of September 2013, the number of P2P online lending platforms was approximately 500. Since September 2013, the number of new platforms has been online at a rate of 3-4 per day. It is expected that by the end of 2013, the number of P2P online lending platforms will exceed 800.

3. my country’s P2P online lending platform can be analyzed from three perspectives. Depending on the lending process, P2P online lending can be divided into two types: pure platform model and debt transfer model.

In the pure platform model, the lending relationship between the borrower and the lender is achieved through direct contact between the two parties on the platform and a one-time bidding; while in the creditor's rights transfer model, professional lenders on the platform are involved in the lending relationship. Based on the degree of use of the Internet in the entire business process from user development, credit review, contract signing to loan collection, the operating model of the P2P online lending platform can also be divided into a pure online model and a combined online and offline model.

4. Depending on whether guarantees are provided, P2P online lending platforms are divided into unsecured models and secured models. The secured models include third-party guarantee models and platform own guarantee models.

How to apply for an online loan? You need to understand the process and precautions

There are generally two ways to get a loan if you need money urgently, one is to go to a bank for a loan, and the other is to apply for an online loan. Although bank loans are highly secure, the threshold is also relatively high, making it difficult for ordinary people to get approved. In comparison, online loans are easier to apply for, so how do you apply for online loans? Here are some basic procedures and considerations.

How to apply for an online loan?

1. Choose a formal online loan platform

There are many online loan platforms on the market. In order to avoid being deceived, you still have to choose a formal platform.

Usually formal online loan platforms are qualified to lend, that is, they hold a financial license approved by the central bank, and the loan interest rate is generally within the scope of legal protection, most of which will not exceed 24%, and before lending No fees will be charged for any reason, and the actual amount received by the borrower is consistent with the borrowed amount.

If you really don’t know which online loan platform to choose, you can refer to 360 IOU, Jiebei, Jingdong Gold Bar, Dishui Dai, Du Xiaoman, etc. They are all good in strength and are well-known in the Internet financial industry.

2. Prepare documents to prove that the loan will be operated according to the process

The online loan process is actually very simple, because most of them are credit loans, which do not require mortgage guarantees and can be processed directly online. However, the premise is that you have to check whether you are qualified for a loan according to the requirements of the selected online loan platform. One is to see if you meet the age limit, the other is to have a stable job income, and the other is to have good personal credit.

After confirming that you meet the requirements, you can borrow money through the WeChat official account of the online loan platform, or download the online loan APP. Generally, you need to register with a real-name mobile phone number, then follow the prompts to complete the basic personal information, then upload the original ID card, bind your debit card to complete the real-name authentication, and even perform facial recognition.

The online loan platform system will give a loan limit based on the borrower's credit conditions. The borrower applies to borrow money within the limit, selects the loan amount, term, repayment method, etc. to submit, waits for system review, and passes The loan will then be released to the bank card provided by the borrower, and the borrower will only need to repay the loan on time.

The above is the relevant introduction to "How to apply for online loans". I hope it will be helpful to everyone.

What does Internet finance include?

What does Internet finance include? What are the specific categories?

The Internetization of traditional finance has now developed through online banking, third-party payment, personal loans, and corporate financing. Including but not limited to third-party payment, online financial product sales, credit evaluation review, financial intermediary, financial e-commerce crowdfunding, wealth creation and other models.

What are the main aspects of Internet finance?

Domestic Internet finance mainly includes six modules.

1. Third-party payment, such as Alipay and WeChat Pay, which we are familiar with

2. Big data finance, the operating model is divided into platform model represented by Alibaba Microcredit and Supply chain finance models represented by JD.com and Suning

3. P2p online lending, that is, peer-to-peer credit, such as Murongbao and Yilongdai

4. Crowdfunding, which refers to group purchases In the form of pre-purchase, the mode of raising project funds from netizens, such as some micro-charity fundraising platforms and dream realization platforms

5. Information-based financial institutions, transforming or reconstructing traditional financial institutions, such as self-service banks and telephone banks , mobile banking, online banking

6. Internet financial portal refers to the platform that uses the Internet to sell financial products and provide third-party services, such as Online Loan Home and Geshang Financial Management.

What does Internet finance include? What are the specific categories?

Internet finance includes three basic forms of enterprise organization: online small loan companies, third-party payment companies and financial intermediary companies. Electronic banking, online banking, mobile banking, etc. currently widely promoted by commercial banks also fall into this category. Internet finance consists of six major models: online lending, crowdfunding (*** investment network), third-party payment, big data finance, virtual currency, and Baby Army. Mainly these six parts.

What does Internet finance mainly include?

The main models are as follows:

Crowdfunding

Crowdfunding is big

It means crowd financing or crowd financing, which refers to the mode of raising project funds from netizens in the form of group purchases and pre-orders. The original intention of crowdfunding is to use the communication characteristics of the Internet and SNS to allow entrepreneurial companies, artists or individuals to display their creativity and projects to the public, to gain everyone's attention and support, and then obtain the financial assistance they need. . The operating model of crowdfunding platforms is similar - individuals or teams in need of funds hand over project planning to the crowdfunding platform.

After relevant review, they can create their own page on the platform's website, using to introduce the project to the public. [3]

P2P online lending

P2P[4] (Peer-

to-Peerlending), that is, peer-to-peer credit. P2P online lending refers to the matching of funds between borrowers and lenders through a third-party Internet platform. People who need to borrow can use the website platform to find people who have the lending ability and are willing to lend based on certain conditions to help with loans. People diversify risks by sharing a loan amount with other lenders, and it also helps borrowers choose attractive interest rate conditions from fully comparative information, such as Loandaiba, etc.

There are two operating models. The first is a purely online model, which is characterized by the fact that all fund lending activities are conducted online without offline review. Usually, the measures taken by these companies to verify the borrower's qualifications include video authentication, checking bank statements, identity authentication, etc. The second is a model that combines online and offline. After the borrower submits a loan application online, the platform uses an agent in the city to conduct a household survey to review the borrower's credit standing, repayment ability, etc.

Third-party payment

Third-party payment (Third-Party Payment) in a narrow sense refers to non-bank institutions with certain strength and credibility guarantee, using communication, computer and information security technology to adopt By signing contracts with major banks, we establish an electronic payment model that connects users with bank payment and settlement systems.

According to the definition of non-financial institution payment services given by the central bank in the "Measures for the Administration of Payment Services of Non-Financial Institutions" in 2010, broadly speaking, third-party payment refers to

non-financial institutions. Online payment, prepaid cards, bank card acquiring and other payment services determined by the People's Bank of China provided by financial institutions as payment intermediaries for payees and payees. Third-party payment is no longer limited to the initial Internet payment, but has become a comprehensive payment tool with full online and offline coverage and richer application scenarios.

Digital currency

Except for the booming third-party payment, P2P loan model, small loan model, crowdfunding financing, Yu'e Bao model and other forms, Internet currencies represented by Bitcoin He also began to show his fangs[5].

The explosion of Internet currency, represented by digital currencies such as Bitcoin

, is, in a sense, more subversive than any other form of Internet finance. On August 19, 2013, Germany officially recognized Bitcoin's legal "currency" status.

Bitcoin can be used for tax payment and other legal purposes. Germany also became the first country in the world to recognize Bitcoin. This means that Bitcoin has begun to gradually "whitewash", from being a plaything of geeks to entering the public eye. Perhaps, it can give birth to a real Internet financial empire.

Bitcoin has been booming, but it has also plummeted. In any case, this Internet gold rush feast that once seemed far away from us has slowly come into our sight. It allows people to see that the ultimate form of Internet finance is Internet currency.

All Internet finance only poses a challenge to existing commercial banks and securities companies. The future development of Internet currency will be a challenge to the central bank.

Maybe Bitcoin will subvert traditional finance and grow into the first global currency, maybe it will eventually go, no matter what, it is certain that Bitcoin will leave an eternal legacy to mankind. [5]

Big Data Finance

Big Data Finance refers to massive unstructured data. Through real-time analysis, it can provide Internet financial institutions with all-round customer information. Analyze and mine customers' transaction and consumption information to understand customers' consumption habits and accurately predict customer behavior, allowing financial institutions and financial service platforms to be targeted in marketing and risk control.

Financial service platforms based on big data mainly refer to financial services provided by e-commerce companies with massive data. The key to big data is the ability to quickly obtain useful information from large amounts of data, or the ability to quickly monetize big data assets. Therefore, big data information processing is often based on cloud computing.

Financial institutions

The so-called information-based financial institutions...

What are the branches of Internet finance?

What are the branches of Internet finance? The branches are as follows: Internet credit, Internet financial management, Internet insurance, Internet venture capital/crowdfunding

What does Internet finance mean? What is Internet Finance?

There is currently a lot of discussion in the industry about Internet Finance and Financial Internet: It is basically believed that Internet Finance is a financial service born out of the Internet, while Financial Internet only puts financial products for sale on the Internet. In essence, it is still a financial product, and the Internet is just a means.

If someone invites you to invest in Internet financial products, they are deceiving you.

What does Internet finance mean and what models does it include?

Internet finance is an emerging financial model that uses a series of modern information technologies such as Internet technology and mobile communication technology to achieve financial financing. Under this model, the degree of market information asymmetry is very low, the supply and demand sides of funds can be directly connected through the Internet, and transaction costs are greatly reduced.

Most people are excited and ecstatic about the emergence of such an emerging concept, so much so that they call anything with the appearance of the Internet and finance as Internet finance. There are many discussions on Internet finance. , but few people stand up to make a systematic classification. Although Xie Ping, deputy general manager of China Investment Corporation, conducted a detailed analysis of the definition of Internet finance and the three core parts of payment methods, information processing and resource allocation in his "Research on Internet Financial Models" written in August 2012, this was only Mainly analyzes mobile banking and p2p financing models. Recently, some people in the industry have regarded crowdfunding, Bitcoin, Yu'e Bao, etc. as separate models of Internet finance, and have different classification instructions. However, with the continuous innovation in the field of Internet finance and the deepening of society's understanding of Internet finance, some current definitions and model classifications in society are still difficult to fully cover the current development status of Internet finance.

In order to clearly define the model of Internet finance, the Internet Finance Laboratory of Soft Exchange has been conducting in-depth research and visits to enterprises in the field of Internet finance since 2012, and has conducted in-depth analysis of information related to Internet finance, and After careful research on innovative Internet financial products and phenomena, the system finally sorted out six major Internet financial models, including third-party payment, p2p online lending, big data finance, crowdfunding, information-based financial institutions, and Internet financial portals, and was presented by Luo Mingxiong It was first proposed at the "Tsinghua Finance Week Internet Finance Forum" held on April 21, 2013.

Based on the recent hot phenomenon of Internet finance, in order to better communicate and discuss the research results of the Internet Finance Laboratory of Soft Exchange with the industry, the phenomena based on Internet finance and certain business models are divided into six Big models, and briefly analyze each one for everyone's enjoyment.

1. Third-party payment

Third-party payment (third-party payment) in a narrow sense refers to non-bank institutions with certain strength and credibility guarantee, with the help of communication, computer and information security technology , using the method of signing contracts with major banks to establish an electronic payment model that connects users with bank payment and settlement systems.

According to the definition of non-financial institution payment services given by the central bank in the "Administrative Measures for Payment Services of Non-Financial Institutions" in 2010, broadly speaking, third-party payment refers to non-financial institutions as recipients and payers. Online payment, prepaid cards, bank card acquiring and other payment services determined by the People's Bank of China provided by payment intermediaries. Third payment is no longer limited to the initial Internet payment, but has become a comprehensive payment tool with full online and offline coverage and richer application scenarios.

From the perspective of development paths and user accumulation paths, the current operating models of third-party payment companies on the market can be classified into two categories:

One is the independent third-party payment model; It refers to third-party payment that is completely independent of e-commerce websites and does not have a guarantee function. It only provides users with payment products and payment system solutions, with Kuaiqian, Yibao Pay, Huifu Tianxia, ??Lakala, etc. as typical representatives. Take Yibao Pay as an example. It initially relied on its model to make vertical payments for industries. Then it took the information transformation of traditional industries as an opportunity and relied on its deep understanding of specific industries to tailor full electronic payment solutions.

The other type is the third-party payment model led by Alipay and Tenpay that relies on its own b2c and c2c e-commerce websites to provide guarantee functions. The payment is temporarily held by the platform and the platform notifies the seller of the arrival of the payment and delivery; in this type of payment model, after the buyer purchases the goods on the e-commerce website, he uses the account provided by the third-party platform to pay for the goods, and waits for the buyer to inspect the goods. After confirmation, the platform can be notified to pay the seller, and then the third-party payment platform will transfer the money to the seller's account.

Third-party payment companies mainly have income sources such as transaction fees, industry user fund credit interest and service fee income, and deposited fund interest.

Comparatively speaking, independent third-party payment is based on the b (enterprise) side, while the third-party payment platform with the guarantee model is based on the c (individual consumer) side. The former indirectly covers customers by serving corporate customers. user base, and the latter has penetrated into the industry by virtue of its user resource advantages.

The rise of third-party payment will inevitably affect banks’ settlement rates and corresponding electronic currency/virtual currency fields...

What does Internet finance refer to?

Internet finance consists of six major models: online lending, crowdfunding, third-party payment, big data finance, virtual currency (Bitcoin), and Baby Legion (similar to Yu’e Bao products). The JR123 website brings together the best financial websites and resources, including online loans, crowdfunding, third-party payment, Bitcoin, Baby Legion and other Internet financial websites

What are the forms of Internet finance

There are five main types of Internet finance: Internet payment, P2P online lending, non-P2P networks, crowdfunding, innovative Internet platforms for financial institutions, and Internet-based fund sales

What is Internet finance? ? What is the difference between Internet finance and financial Internet?

Thank you! Please give me some advice!

Direct financing, to put it bluntly, means that people who are short of money borrow money directly from rich people. Stocks are the most typical direct financing method. When you buy stocks, you are lending money to the company, and then they Dividends are paid to you every year, and so are bonds. If you buy a corporate bond, it will pay you interest every year. Indirect financing means that rich people or companies do not lend money directly to people who are short of money, but through intermediaries. Who is the intermediary? The most typical one is the bank. A large number of us deposit money in the bank, and the bank uniformly dispatches and arranges the funds and distributes them to people or companies who are short of money. We get the interest given by the bank when we make deposits, and the bank gets the interest given by the company when we lend money. The difference between the two is the bank's profit. (The circulation of credit currency has two characteristics. One is the separation of ownership and use rights, and the other is that the process of separation is remunerative, usually in the form of interest or dividends.)

The Internet is just It’s just a re-implementation of the underlying human structure. Therefore, the most basic financial transactions also have the potential to be put online. It is just a matter of whether everyone's current operating habits allow this to happen.

(Let’s talk about Yu’ebao here. It is just connected to a monetary fund to make the transaction more convenient. It is not a financial innovation in the strict sense)

Xie Xie, who first proposed the concept of Internet finance in China Professor Ping once proposed a third financing method that is different from direct financing and indirect financing, namely the "Internet financial model", which may represent most people's understanding of this model. His definition is: payment is convenient, market information asymmetry is very low, capital supply and demand parties directly trade, and financial intermediaries such as banks, securities firms, and exchanges do not play a role, and the same resource allocation efficiency as current direct and indirect financing can be achieved. And while promoting economic growth, it also significantly reduces transaction costs. He regards Internet finance as the third financing method. Of course, you can also regard any behavior that achieves this integration through Internet technology as Internet finance. Including the behavior of traditional financial institutions using the Internet to improve their own efficiency, it can be defined as Internet finance.

I think the most important thing is to understand that the core significance of Internet finance is to achieve disintermediation, which is the so-called financial disintermediation. It is hoped that the Internet can be used to continuously make information transparent, so that intermediaries will lose the information advantage they rely on to rely on information asymmetry, so that the various participants in society will be flatter, and to a certain extent, the problems caused by the professional division of labor will be compressed. The professional advantages of financial intermediaries have caused the functions of a large number of financial institutions to continue to differentiate or even disappear.

Internet finance or financial Internet? There is a view in the industry that Internet companies that intervene in the financial field are Internet finance. When financial companies use Internet means, it is not Internet finance, but the financial Internet. I think it is not advisable to separate the two of them into opposition. Using financial thinking to build the Internet, or using Internet thinking to build finance, is nothing more than a debate about who serves whom.

The Internet finance that I agree with is not just putting the original offline financial products online for sale, but also using the "spirit" of the Internet to do what the traditional financial industry does. What is the traditional Internet spirit? It is openness, equality, collaboration, sharing, decentralization, and customer experience first! ! In the short term, the core point of China's Internet financial industry is still its financial nature. The Internet is just a tool, and it generally abides by financial rules. You see, P2P, which has the most Internet financial attributes in foreign countries, has been turned into a financial Internet model in China because there is no effective risk control. P2P companies directly intervene in transactions and become a party to the transactions, making Internet finance, which was supposed to be financial disintermediation, become It is still unable to disintermediate and requires its own credit addition model. It essentially becomes a guarantee company, part of P2P, and even a bank. It uses the construction of a capital pool to become an unlicensed bank. This transformation is actually It has typically deviated from the model that Internet finance should have. Their essence is actually financial institutions. I won’t give an example here.

Relevant article links are as follows. If you are interested, you can read it:)

What is online credit?

Online credit is online loan, and online loan is also It has become a trend. With the advantages of the Internet, you can complete all steps of loan application without leaving home, including understanding the application conditions for various types of loans, preparing application materials, and submitting the loan application, all of which can be done efficiently on the Internet. Finish.

Online credit has the following two models:

1. b2c model

The b in b2c generally refers to banks, and some websites also provide products from loan companies. Generally, online b2c loans rely on pre-lending work for online loans. Depending on the rules, some require applicants to go to the bank to apply offline. The b2c model is subject to geographical restrictions, because its business entities are geographically restricted institutions, and its coverage needs to be expanded.

2. The reason why P2P is favored by people is that most of P2P exists with the Internet and mobile terminals, and the most direct advantages of the mobile Internet are "convenience, efficiency, and no geographical restrictions", etc. From this point of view In recent years, this flash loan model without geographical restrictions has become more optimistic and well-known to everyone. There is huge room for the development of China's mobile Internet consumer finance in the future.

Extended information:

You need to pay attention to the following four scams in online credit:

1. Open a website under the banner of a professional company

Such websites often use the names of "loan companies" and "investment consulting companies", and sometimes the words "with agencies across the country" appear on the website. The purpose is to package themselves and further defraud the trust of small and medium-sized business owners. However, if you look closely at such websites, you will find that they generally do not leave landline numbers and addresses, only mobile phones or QQ. Even if they leave addresses, they cannot withstand careful inspection.

2. “Unsecured, unsecured”, “Same day lending”

In many “online loan scams”, “unsecured, unsecured”, “unsecured” and “unsecured” often appear. "Same day loan" and other very tempting slogans. These slogans extremely accurately hit the key points of the vast number of business owners and individuals who are in urgent need of funds. Generally speaking, the reason why project parties are rejected when seeking formal loan channels is that they do not have good mortgage assets or guarantees. In this type of scam, small and medium-sized business owners once fall for the bait.

3. Pretending to be a formal institution

There are some scam companies that closely imitate the websites of well-known lending institutions, which is extremely deceptive. The pages of these fake websites are often similar to those of regular lending institutions, and their domain names are only one or two words different from those of regular lending institutions' websites. Project parties need to be more careful when making inquiries.

4. Online transfer scam

In the online transfer scam, the fraudster will claim that the money needs to be transferred to an intermediate account, and then ask the small and medium-sized business owners to go to a fake bank website or use Enter your bank account number and password on the fraud website to defraud small and medium-sized enterprise owners of funds from their accounts.