What are the hateful campus loans, cash loans and naked loans for college students?

A few days ago, some analysts said that the annual interest rate of Alipay flower buds and credit cards is about 10%- 15%, because credit cards are generally used by people who have jobs and financial ability. In this way, some people are still complaining about paying back their credit cards. What about the popular campus loans, cash loans and naked loans for college students?

Let me talk about some recent situations. My colleague's child just went to college this year, and his monthly living expenses are about 2000 yuan. I can only say that college students are too rich now. I just graduated for four years. At that time, my monthly living expenses were less than 500 yuan. Then he wanted to buy a mobile phone, about 4000 yuan, and his parents' monthly salary was 2000-3000 yuan, so he didn't buy it for him. But a few days later, he bought it himself. When his parents found out, they quickly asked him where the money came from. He said that part of it was borrowed and part of it was bought with a loan. His parents quickly repaid the loan money and beat the children.

Later, I told Bian Xiao something. There was a change and I forgot the details. A college student wants to buy a dress, which costs about several hundred yuan, so he borrows 1 000 from a campus loan platform, deducting various expenses 1 000, and then deducting the first interest, weekly interest 10%. His only cash is 800 yuan. A week later, I bought clothes but didn't send them. It's time to pay back the money. Total principal and interest 1 100 yuan. Pay 300 yuan more than you borrowed in a week. She was afraid to tell her parents where she could pay back the money. She heard from the intermediary that she borrowed 1 ,000 yuan from the other two platforms, and the handling fee was 1 ,000 yuan. After deducting the first week's interest of 1 ,000 yuan, she got two 800 yuan, totaling 1, 600 yuan. Wait until the second week to return one 1 100 and two 2200. Back to 600 yuan for more than a week. At this time, if she asks her parents to pay it back quickly, it will only be a loss to 900 yuan, totaling 2,200 yuan. However, the more she didn't want her parents to know, the more she borrowed multiple platforms to fill the hole. As a result, she could see that the more platforms she borrowed, the more interest she earned, and by the time her parents found out, it was already tens of thousands. Some people say that college students are not that stupid.

Now let's analyze why these loans generate interest so quickly.

The weekly interest rate is 1. The interest rate is very high. We usually pay monthly interest and annual interest. Even if it is a little higher, the annual interest rates of Alipay and credit cards are calculated at 20%. One week is 1000 yuan *20%/52 weeks =3.8 yuan. Almost equal to no interest. The weekly interest rate is 10%, which means the annual interest rate is 52* 10%=520%. /kloc-0 five times a year. Plus compound interest is higher.

4 weeks 65438+ 10 will have an interest of 464 yuan, plus the handling fee deducted in advance and the first interest. Compared with your actual principal, January almost doubled, and so did snowballing.

2. Short interest-bearing time. As we all know, if interest rises rapidly, it is related to three factors: 1 principal, 2, the number of interest-bearing periods, and 3, interest rate. When your principal and interest rate are fixed, how much interest will rise depends on your time. So the longer you wait, the more interest you get. As shown in Figure 3, it has increased by about 4 times in 800 yuan = 3,200 yuan.

3. Split your loan platform. When you have a platform, the growth rate is not very fast, but once you divide several platforms, it is geometric growth.

In the eighth week, the two platforms cost 2928 yuan, 1 platform2143 yuan. 800 yuan. 800 yuan, where you started, it was twice as much. It's about four times as big as 800 yuan. Equivalent to 400% of the monthly interest. This is just one. If you separate more than four, the speed in one week will double.

4. Some intermediaries have no humanity at all. Several intermediaries have joined forces, even one has several names, or even a trap designed for you, so that you can continue to lend to multiple platforms. For example, deliberately delay your loan time, deliberately make you overdue, or even directly divide the loan into several platforms without your hand to pay it back. Until your money, your family's money is squeezed dry.

The above is just a show, as we know, some even force you to take photos, video, detain, beat people, and force you to sign IOUs, not IOUs, because the annual interest rate of loans is higher than 36%, which is not recognized by the state. Wait, it's not a loan relationship anymore. This is blackmail.

After all, some people will say that college students are so stupid. Actually, it's not that college students are stupid. Only a large number of college students don't know much about economic knowledge. Some of them are recommended by classmates (in some cases, if a person can't afford it, he will let others borrow it), thinking that he can be trusted and doesn't know his own economic strength. When they know it, they are afraid that their classmates, teachers and parents will know that they can pay it back, and the result is that they borrow more and more. Have a plenty of vanity to borrow it for a while, but I can't pay it back. Of course, most people still pay back the money as soon as they realize their mistakes, so the accidents are exposed to unbearable.

Why are they looking for college students?

1. College students have strong spending power.

2. Without economic common sense, people are credulous.

3. The residence is fixed and can be found.

Many of them have no money at the end of the month, so it is easier to borrow money.

The most important thing is to save face. In the early stage, I generally like to keep it from myself, thinking that it can be solved. Who knows, it's like a trap. If you know it, you will lose a lot in vain.

In the end, the easier it is to get money, the more risks and traps there are waiting behind. Why does Alipay spend money? Credit cards need proof of work income. You are afraid that you can't change such a low loan interest rate. And these campus loans are just an ID card, and you can borrow money with a mobile phone number?