What are the consequences of college loans?

What are the disadvantages of college student loans?

There are two aspects to college students' loans. The advantage is that college students can use it for consumption, entrepreneurship, tourism and so on. , thus increasing domestic consumption. The disadvantage is that college students do not have the ability to repay the principal and interest, which will make the borrower fall into the repayment dilemma.

The following concrete analysis of the advantages and disadvantages of college students' loans:

Advantages of college students' loans:

Compared with ordinary adults, college students have less disposable funds, but at the same time they are the main consumers of fashion products, so we can promote social consumption in this way. For students, such a new consumption pattern has solved the contradiction between insufficient amount and timeliness. For merchants, selling goods is profitable.

For the whole market, it has increased market demand and expanded market space. Moreover, college students' online loans and installment loans can bring more opportunities for college students' consumption, which has certain positive market significance. For example, how can this way help students achieve consumption more effectively, instead of encouraging irrational consumption?

Disadvantages of college students' loans:

It is prudent to use peer-to-peer lending platform for relatively large expenditures such as venture loans and tuition fees. The success rate of college students' entrepreneurship is low. Entrepreneurship itself is venture capital, and peer-to-peer lending rates are high. If it doesn't go well, the road to entrepreneurship will be more difficult.

College students need to plan their own consumption reasonably, insist on moderate consumption, and resolutely avoid unreasonable consumption that is advanced, fashionable and worthy of pride. On the one hand, college students should see the impact of these internet financial tools on their consumption behavior, on the other hand, they should be able to analyze and explore the commercial applications of these tools, such as whether these tools can support innovation and entrepreneurship.

Moreover, everything is two-sided. "Campus finance" itself is also a way of managing money and an overdraft credit consumption, which will inevitably bring interest and other business expenses arising from loans. Therefore, we must be alert to the word "trap" in the clause of "campus financial services" and be aware of risks.

What are the hazards of college students' campus loans?

Campus loan is a kind of nature. Criminals aim at colleges and universities, taking advantage of the poor social cognitive ability and psychological fragility of college students. I sorted out the dangers of college students' campus loans, welcome to read!

The Harm of Campus Loan

Recently, the Gulou police received an alarm about campus loans for help.

In the new semester, in the university campus, a large number of loan staging platforms of various sizes have flooded in, and campus loan accidents have also occurred frequently.

On March 10, a college student borrowed a campus loan from an online lending platform and failed to return it as scheduled, and was maliciously threatened by debt collectors.

"Someone sent me threatening text messages, saying that if I don't repay on time, I will tell my parents and the dean that someone will follow me. I have been desperately borrowing money, but the low interest rate mentioned at the beginning is not the case at all, saying that I don't have to bear the handling fee and late payment fee. I borrowed more than 1000 years ago, and I have to pay back more than 2,000 yuan in less than 2 months. I feel that I have fallen into a trap and I am getting deeper and deeper. " The unbearable Zhou had to call the police for help.

Gulou police said that the police will intervene, warn and stop illegal acts that may threaten Zhou's personal safety.

The police said that they disapproved of college students taking out loans in order to spend money or do business in advance. This kind of loan will increase their pressure, and college students should live within their means.

In fact, campus loans have many security risks for college students with low social prevention. Gulou police summed up the five hazards of campus loans:

1 "low interest" is not credible.

At present, the annualized loan interest rate of most products on the online lending platform is above 15%, so the so-called "low interest rate" is not credible. The monthly interest rate of 0.99% is a marketing trick, and students are easily cheated.

The more convenient it is, the easier it is to "grab"

Some loans are very convenient, just need an ID card, and some students use their ID cards to handle loans for others because of personnel relations and other reasons. This behavior is risky, because once the other party is unable to repay, the remaining debt will be borne by the "respondent" alone.

3 Once overdue, the dunning is "all-round"

In some cases, once the student loan is not repaid, the online lending platform will not recover the money through proper channels. Instead, they will use threats such as sending text messages to parents, relatives and teachers, posting posters on campus, and even arranging people to stop them, urging students to pay their debts.

4 easy to breed lending habits

Some students love to keep up with the joneses and have bad habits, so the expenses provided by their parents can't meet their needs. These students may turn to the campus to get funds, and lead to gambling, alcoholism and other bad habits, and even skip classes and drop out of school because they are unable to repay.

5. It is easy to induce other crimes.

Lenders may use students' collateral and deposits on campus, or use students' information to make phone calls and defraud credit cards.

Harm of Bad Campus Online Loan Intermediary

"Campus online loan", a very active word in recent years, is often associated with negative events such as "jumping off a building" this year. In April this year, the Ministry of Education and the China Banking Regulatory Commission jointly issued the Notice on Strengthening the Risk Prevention and Education Guidance of Peer-to-Peer Lending in Bad Campus. The concept of "campus online loan" first appeared in official documents, but the word "bad" was added in the meantime. The photos of overdue repayment were exposed, and the arrears of 600,000 jumped off the building, and the loan was forced to be extended. In the recent vicious incidents of campus loan exposure, three key words are often inseparable: overdue, collection and penalty interest.

Chaos of campus online loan intermediary: robbing Peter to pay Paul

The annual interest rate of campus online loan platform is generally between 1 1%-20%. "At first, I felt that I would lose some interest, and I will be able to pay it back when I make money later." However, a "loan" begins, and then the "loan" is endless. After that, every month or so, we have to find a new platform to borrow money and rob Peter to pay Paul.

Search for "College Student Loan" on Sina Weibo, and you can get more than 1300 such accounts. Most of the blog posts are advertisements for campus loans. The advertisement is full of temptations: "Come to me if you want to help your girlfriend empty the shopping cart", "There are dozens of loan platforms, with a maximum of 50,000 undergraduates and 30,000 junior college students, and there is no charge for any payment"?

Without the consent of the students' parents, loans may not be issued to students.

As a special branch of college students' online loan platform, campus online loan often does not need mortgage. Borrowers can apply for loans as long as they provide college students' identity information and pass the personal data review.

On August 15, the Chongqing Municipal Education Commission released a message, and the Municipal Finance Office, the Municipal Education Commission and the Chongqing Banking Regulatory Bureau jointly issued a document, listing eight negative lists for financial institutions and universities, and standardizing peer-to-peer lending behavior on campus. It clearly requires that "without the written consent of parents, guardians and other secondary repayment sources, loans may not be issued to students."

Reasons for the emergence of campus loans

Enter the words "college student loan" on the Internet, "the fastest 3 minutes to review, the next day loan", "just provide the student ID card to handle" and many other attractive information come to you instantly. At present, P2P online lending platforms for online development of student loans can be divided into several categories according to the main product types, namely, student loan platforms, student entrepreneurship loan platforms and student consumption loan platforms.

In fact, the reason why the consumer loan market for college students is so hot is mainly because college students' credit cards in banks are broken and college students have strong consumer demand.

Since China Merchants Bank issued the first credit card for students in 2002, many banks have aimed at the campus in the "staking the land" of credit cards. While the number of college students holding cards is rising, the overdue repayment rate of college students' credit cards is also rising. Because college students have no fixed income and poor self-control, there have been many incidents of college students' credit card overdraft. In July 2009, China Banking Regulatory Commission required banks not to issue cards (except supplementary cards) to students under the age of 18.

The reason why people focus on the market of college students is because the purchasing power of college students is very strong and the source of funds does not match it. Simply put, they dare to spend but have no money to spend: their income mainly depends on their parents, but collective life makes them compare and imitate each other unnaturally. In fact, open the website of the campus staging platform, iPhone6S, Xbox, high-end bags, perfume? All kinds of luxury goods are pouring in, and these high-end goods tempt college students like Pandora's box.

Click on the next page and there are more questions about campus loans.

What are the disadvantages of interest-free loans to college students?

Interest-free loans for universities are student loans for universities. In fact, there is no harm. The only harm may be that students fail to repay their loans on time in the later period, which will affect their credit information, and lenders will also be urged.

Relevant provisions on student loans:

1, and the interest generated from September after graduation 1 shall be paid by the students themselves;

2. Every year, 65438+February 20th is the repayment date, and the repayment is made through Alipay account;

3. Both interest and principal, once overdue, will be uploaded to the student's credit information;

4. If the repayment is not made on time, * * * will be involved with the borrower and be required to help the main lender repay.

What are the hazards of bad campus loans?

Bad campus loans are harmful to many interests higher than the principal; Bring trouble to classmates and family around you; Once overdue, the dunning is "all-round"; Easy to breed lending habits; It is easy to induce other crimes. The following specific analysis:

1, which is much higher than the interest of the principal. The annualized loan interest rate of most products on the online lending platform is above 15%, so the so-called "low interest rate" is not credible. The monthly interest rate of 0.99% is a marketing trick, and students are easily cheated.

2. Bring troubles to classmates and family around you. Some loans are very convenient, just need an ID card, and some students use their ID cards to handle loans for others because of personnel relations and other reasons. This behavior is risky, because once the other party is unable to repay, the remaining debt will be borne by the "respondent" alone.

3. Once overdue, the dunning is "all-round". In some cases, once the student loan is not repaid, the online lending platform will not recover the money through proper channels. Instead, they will use threats such as sending text messages to parents, relatives and teachers, posting posters on campus, and even arranging people to stop them, urging students to pay their debts.

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 the campus to get funds, and lead to gambling, alcoholism and other bad habits, and even skip classes and drop out of school because they are unable to repay.

5, easy to induce other crimes, lenders may use the campus "student collateral, deposits, or use student information to make phone calls and defraud credit cards.

Extended data:

There are three main reasons for the potential growth of illegal campus loans:

First, lending institutions use lower thresholds to trick students into being fooled;

Second, college students lack financial knowledge;

The third is vanity.

In this regard, college students need to improve their self-management ability while learning financial common sense. In the face of the tight economic situation, whether to make ends meet requires learning self-management, self-control and self-restraint. Good self-management ability is an indispensable factor in the process of growth; If you are not good at self-management, you will eventually lose yourself.