Is online lending good or bad for society? Why?

Online loans and credit cards are not at the same level. Unfortunately, banks have alienated credit cards into the same products as online loans for profit.

The emergence of online lending is actually the development of Internet finance in recent years. Offline small loan companies moved to the Internet, which became the so-called "online finance". Small loans that could only harm one place have suddenly become "online loans" that harm young people all over the country. Who are the people who make online loans? Those who do not meet the conditions of bank borrowing are subprime borrowers. Their repayment source is robbing Peter to pay Paul, and they go to the owner to apply for online loan to repay the loan in Jia Xi. The result is to dig a hole and bury yourself.

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What about the credit card? Used to be a good helper for people to manage their finances. Now, on the one hand, we will launch any cash installment to grab business with online loan companies; On the other hand, conniving at cash, as long as it is not so obvious, turns a blind eye, everything is for the benefit. Although "everything can be done without prohibition", this practice is to boost the unrestrained consumption of young people, which will eventually destroy them and the banks themselves will be affected. According to statistics, the amount of credit cards overdue for more than half a year is close to 80 billion!

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So I think the current online loans and credit cards do more harm than good to young people. I don't know how much the balance of online loans and credit cards is overdue, but one thing is certain. Young people who owe online loans and credit cards and are unable to repay them will definitely not have the concept of credit in the future, because "credit" is already a heavy burden for them. Who wants to grow up with a burden? -this is the biggest harm that online credit cards bring to society!

Online loan is the abbreviation of online loan. Online loans are divided into online loans from Internet financial platforms, online loans from commercial banks, and online loans that combine the two.

This kind of online loan is no stranger to everyone. Its biggest feature is high interest rates, most of which are not used for credit reporting, and some platforms even involve illegal collection. The amount is not large, basically it is a loan issued to customers by using these Internet platforms with its own funds.

The predecessor of the Internet platform is generally a small loan company, or an e-commerce platform or a financial technology company. They are either close to customers or close to technology. Such platforms are slowly moving towards two extremes, and small-scale platforms are slowly withdrawing from the market; Large enterprises began to cooperate with banks gradually.

20 18 released the "measures for the administration of online loans" for comments, which defined the boundaries of commercial banks' online loans:

If you are a fan of a bank, you will see many banks' self-operated Internet loans on their mobile banking, direct banking and credit card apps. At that time, as soon as you applied, you could get the result immediately. For example, CCB's fast e-loan, China Merchants' lightning loan and so on. They are characterized by low interest rates, fast approval, and larger loans than Internet platforms.

Sometimes, commercial banks cooperate with internet platforms to lead customers to banks, and commercial banks provide funds through certain risk control means. The final customer obtains the application, withdrawal and repayment of the credit line on the Internet platform.

In the online lending market, the most common, relatively large-scale and well-branded head platform Internet loans all adopt the Internet platform+bank model. No platform can compare with banks in the amount and cost of loans. Due to the huge traffic of the head Internet platform, it needs a lot of low-cost funds, so the bigger the platform, the more it will cooperate with banks.

I think the advantages of online lending outweigh the disadvantages. Why are there complaints? I think the main reason is the wrong way to open it.

The online loan initiated by the bank, the entrance is in the bank, the interest rate will generally be lower than the market, and the amount will be higher than the market. Most importantly, the product source of credit information is the bank. This kind of credit record makes the borrower not be made difficult by the bank when handling the mortgage.

The reason why online lending is convenient is that it can be repaid with the loan, and the interest is calculated on a daily basis. This is an emergency, not a relief for the poor. If you regard it as a long-term loan tool, it may not be suitable for you, but if you regard it as a temporary emergency product, it is very suitable.

The most convenient function of online lending is to pay with the loan, but the premise of realizing the loan with the loan is to repay on time every month. On the one hand, many people don't pay attention to their repayment, on the other hand, they complain that the online lending platform is lending, which leads to the break of their capital chain.

As far as the current situation is concerned, the advantages of online lending platforms generally outweigh the disadvantages. Personally, I think there may be some unsatisfactory places, but if we can avoid the above three wrong ways of opening, it may greatly reduce the dissatisfaction caused by online loans.

Online lending must be beneficial to society.

In 2006, an economist won the Nobel Peace Prize. That's Yunus. He set up a small loan company to give small loans to the poor. In the past, all financial institutions refused to lend money to the penniless poor. Yunus meticulously asked the poor to do simple entrepreneurial projects, let them get rid of poverty, and then charged 20% of the simple interest. The repayment rate of the poor in Bangladesh reaches 98%. The bank made a profit, as if it had won.

But wait, at this year's Nobel Prize, Yunus's efforts all turned into jokes. Microfinance companies have been established in all countries. They also learn from Yunus. But now the interest rate of microfinance companies has risen to 50% or even higher. Ban Naji, an Indian who won this year's Nobel Prize in Economics, described that the money lent by these microfinance companies could not be recovered at all, and they would be trapped in the countryside. In India, whenever a farmer hangs himself, everyone says that it is a crime committed by a loan company. Recovering the loan is a life-threatening thing, and the local court in India will make the debtor not have to repay the debt for the purpose of protecting the debtor.

Common sense is that you have to pay your debts, but you will find that this is a vicious circle. For a profitable small loan company, the more difficult it is to get the money back, the more he has to improve his assessment and the more he has to raise interest rates. The higher the interest rate, the less the poor pay.

If you can borrow money, you can go to the bank. So why do borrowers borrow money online? Is it really because of being cheated? Actually, it's not. Many people can't get loans from banks, and the credit popularity accumulated by relatives and friends is limited. So I went to seek the help of online loans.

Online lending, especially P2P, has done one thing, that is, connecting debtors with strangers through platforms. The online loan has higher income, and everyone knows why the income is high. Because the people who borrow money from online loans are all users who are rejected by banks, this group of people certainly has high interest rates.

So is there a problem with online lending? There are also problems, and the problem lies in the transparency of information between the two sides. It's easy for an acquaintance to borrow money and say that he knows everything. You know exactly how much you weigh. It's good to say that the bank can get a loan. He can check the credit history or ask you for collateral. The problem with online lending is that early online lending was not responsible for this. Online loans can also be mortgaged, but won't banks grab loans with collateral? The interest rate of banks is much lower.

In history, Wang Anshi lent money to the poor at 2 cents, with an annual interest rate of 20%. At that time, the interest of ordinary people in the Song Dynasty doubled every year, and the interest was rolling. Before the Opium War, the interest on grain borrowed by landlords in China farming society was 200% a year. In the evil old society, it was really that generations borrowed and became slaves. Encounter a disaster year, a vicious circle.

Many people oppose the online loan model, but they don't see the fundamental logic of the world's rich and poor.

I used to work in the construction industry. At the end of the year, I saw a 5-cent loan from the construction boss, either online loan or those local snake loans. Later, I heard that the boss was locked in a cage for a month (a few years ago, it should be better to get rid of evil now, but by the end of the year, some people really can't borrow money).

In economics, low interest rates indicate that the lending market is developed, and people dare to lend and get benefits. For online loans or small loans, there are two highest costs: one is the default cost, and the other is the borrower's credit cost. So the more people who can't borrow money, the higher the interest rate.

How to reduce the cost of breach of contract: the court executive court should strengthen law enforcement.

How to reduce the cost of credit collection: increase the transparency of property?

Don't back online loans. Without online lending, other lending models will rise. You can't always look for reasons from Huang Shiren. Yang Bailao should also find its own reasons.

There is nothing wrong with online lending itself, but if it is left unchecked, there will definitely be problems. Just like the previous routine loans and campus loans, they were all borrowed by people who did not have the ability to repay. Unfortunately, the ultimate loss is not only the borrower, but also the lender.

Money is so useful that everyone wants it. I went to the vehicle management office to pay the ticket before, met a credit card salesman (it is said that I can pay the ticket directly in the future) and then got one. Later, an old man came up with a smile. He asked, can I withdraw money from the card? What should I do? However, lending can also be based on credit, and it is no use without credit. For another example, before the Double Eleven this year, an e-commerce company suspended the installment payment method of several member platforms (similar to JD.COM Baitiao and Bai Hua). Later, it was reported that some users bought an Apple mobile phone in installments, and the platform also returned the order. In fact, these are nothing more than broken arms to control bad debts. What should I do if the search for xxx on Du Niang is overdue? In fact, the content inside is quite surprising. Many people think that there is nothing to be afraid of if it is overdue. It is just a panic to say that this is a recovery. ...

Everything has two sides. Just from the essence of online lending, it is beneficial to society as a whole. However, when the development of online lending lacks effective supervision and the development direction is out of control, its harm may far outweigh its benefits.

Online loan is a kind of loan in itself, but it is just a different channel. With the convenience of the internet, the offline loan business will be extended to the network to make the loan business more efficient. From this perspective, online lending is definitely beneficial to society, because the loan itself is beneficial to society. Without loans, society may lose the motivation to innovate.

There is no need to discuss this point. With the development of global economy, debt has become the main driving force of economic growth. If a country can use its debts reasonably and correctly, it can increase its economic activities exponentially and stimulate economic growth more quickly. On the contrary, if a country has no debt at all, it means that economic growth is completely out of leverage and is likely to enter recession.

However, due to the imperfect supervision in the early stage, online lending has made many people who make a bad idea use it to collect money and cheat, so it has not actually played a role in stimulating the economy. For example, many P2P companies cheat investors' money into the platform under the guise of online loans, and they don't really lend money to people who need funds. These platforms fabricate false information to "cheat loans" and "self-finance".

Then these online loan funds did not produce actual benefits, and they evolved into a "Ponzi scheme." In the end, the scam was exposed, the P2P boss absconded with the money, and the investors lost all their money. These people have spent half their lives or all their hard-earned money in Shui Piao, which will eventually lead to a decline in overall consumption, but there are obvious side effects.

In addition, many online lending platforms are actually unlicensed and illegal platforms. We call it "black online lending". The money they lent out is actually a kind of "usury" in disguise. Many people who borrow black online loans generally borrow money when other platforms have a bad reputation. Under the huge financial pressure, these loans can't actually create economic growth, and black online loans take the form of coercion and inducement to these people.

Therefore, online lending itself is not a bad thing, just like a kitchen knife. There is no good or bad in itself. If you use this kitchen knife to cut vegetables, you can make delicious dishes, but if you use this kitchen knife to commit crimes, it will lead to human tragedy. For everyone, we must have a clear understanding, do what we can, and stay away from black online loans. This is our greatest responsibility.

Personally, I think online lending is not good for society. Payers are short of money, and lenders want to borrow at high interest rates and recover at high interest rates. This will cause a vicious circle of society. If the payer doesn't pay, the lender can't take it back, which is even more terrible, such as student loans, routine loans, usury and so on. Debt collectors violently collect hanging, suicide, jumping off buildings, etc. Therefore, online lending is not recommended.

It can be said that peer-to-peer lending has not promoted social development, and should be severely cracked down and resolutely banned.

First, the single loan amount of online loans is very small. Such a small amount of money can not solve the borrower's shortage of funds at all, nor can it solve the practical problem of the borrower's funds. What do you think this money can do?

Second, the lending time of online loans is very short, usually one week, mostly one and a half months. What do you think you can do with so little money and so little time? In fact, nothing can be done, except to provide a stage for lazy borrowing after 00 and 90, then turn left and right and go home to pay back the money.

Third, all online loans have extremely high interest rates, which can be said to be vampires. Once you get involved in online lending, you can say that you are in endless trouble.

Fourth, all online loan collections have no bottom line and are offline. Once entangled, friends and reputations are gone.

I remember that in high school, there were always problems in English writing or reading comprehension. Internet is a double-edged sword. On the one hand, it has become a global village, on the other hand, no one has privacy. Online lending is also the financial embodiment of Internet development. Just like the banks before they appeared, everyone thought that banks were vampire weeks, but after hundreds of years of evolution, banks have become a very important part of promoting economic development and financial development. In the rising stage, online lending is really based on the concept of small-scale decentralization of Muhammad Yunus, the father of Bangladeshi online lending in 2006, and explores giving help to those who are not worthy of banks and have no assets. Because the safety factor and risk control data are blank, we can only raise the interest rate level to cover some risks. However, the profit-seeking nature of businessmen and the lag of China's policy have caused too many unscrupulous people to get involved in this industry, which has caused everyone to shout and fight now. However, you will also find that the bank's online loan approval and risk control model have not learned a part from the online loan industry, and the service is more convenient. I think people who borrow money online are all adults. They can control what they choose and what they don't choose. Those who blindly say that online loans are harmful to people must first examine whether they can borrow money from banks quickly to solve their urgent needs, and whether they can feel their conscience and say whether they can borrow money and not pay it back. According to the relevant provisions of the Civil Law, online lending institutions violate administrative management if they do not have a license to conduct intermediary service matching transactions, but as long as the loan contract is true and legal, they need to repay. To sum up, online lending has advantages and disadvantages.

At present, it does more harm than good, p2p, because of the mode, the interest is not cheap, and with such high interest, where can people who borrow this kind of money really earn this profit? It is a fact that the bad debt rate is high. On the other hand, there are too many people who maliciously evade debts.

Where is Leigh? Actually, there is. The development of internet finance in recent years can really accelerate the development of many industries. For example, medical beauty, phased education and so on. At the same time, it also taught a lesson to Internet bosses all over China. [yi tooth]

From the historical discovery, private lending is just needed. Online lending is only an innovative development based on private lending, and it is also just needed. Generally speaking, the advantages outweigh the disadvantages!

First of all, it must be clear that P2P is an online loan, but online loans are not necessarily P2P.

1, P2P is an information intermediary platform in peer-to-peer lending, which includes at least three subjects, namely, investors, borrowers and platform subjects. But there are no investors, only the pure online lending platform of the platform and the borrower is also called online lending.

2.P2P broke out on 20 15 and 20 16, which once made people lose confidence in this "imported product". Up to now, some provinces have banned P2P. However, we can also see that some online lending models have also remained, such as pure online credit loans launched by some mature Internet companies, 360 IOUs, and Jingdong Finance. Everyone can accept the interest and the application is very convenient.

Second, online lending is just needed.

1. Through history, we know that private lending has existed since it started its business, and it has never stopped since then. Until the birth of modern formal banks, private lending as a supplement has been in strong demand, and private lending is just needed.

2. In recent decades, with the rapid development of the Internet, internet plus's financial model came into being. Since then, online loans have mushroomed, and the essence of online loans is still financial lending, which is just needed.

Third, the overall advantages outweigh the disadvantages.

1. After the online loan added the investment and financial management module, the online loan basically became unmanageable and some problems appeared. But think about it. If the module of investment and financial management is removed, only the platform and the borrower are left. Is online lending really useless and worthless?

Peer-to-peer lending helped solve at least a few problems:

(1), business needs. The overall interest rate of a good online lending platform is less than one point per month, the term can be 3-5 years, and the amount can be several hundred thousand, which can meet the business needs;

② Consumer demand. Needless to say, this is to spend money in the future and enjoy life in advance;

3. Capital turnover.

2. Some people will say that because of online loans, many people's excessive consumption has affected their future lives. This is an undeniable fact, and it is also a side effect brought by online lending while bringing convenience to everyone. But at the same time, we should also reflect. If there is no online loan, won't this group over-consume? I'm afraid not. Online lending is just one of the ways to borrow money, and there are many other channels to obtain funds.

To sum up, peer-to-peer lending is an innovative development model of financial lending, but it still belongs to the category of private lending, and it also has the characteristics of rapidity and convenience that other offline lending does not have. I believe this industry still has a lot of room for development in the future!