Which one is more cost-effective, Doudouqian, cash bus or mobile phone loan?

With the further development of cash loans, there are now more and more professional cash loans and small loan institutions, among which the more famous are small loan products represented by Doudouqian, mobile loan, cash bus, etc. So, what are the differences between Doudouqian, Cash Bus, and mobile phone loans? Which one is more cost-effective, Doudouqian, cash bus, or mobile phone loan? The rapid development of my country's economy, strong consumer demand of consumers, and the change in the consumption concept of "consume first, pay later" are all important reasons for the rapid development of cash loan platforms. So what are the differences between Doudouqian, cash bus and mobile phone loans?

1. Different quotas have different purposes 1. Doudouqian Doudouqian’s main limit is 1,000-20,000 yuan. If the repayment is timely, the amount can be raised to 30,000 yuan later. *Repayment is interest-free and the loan period is It can be repaid in 3, 6, 9, or 12 installments, which is suitable for short-term and long-term capital turnover. 2. Cash Bus Cash Bus is mainly a small loan platform with quotas of 500 yuan and 1,000 yuan, and the corresponding loan periods are * and *. It is suitable for small short-term turnover of less than 1,000 yuan. 3. Mobile phone loan The amount of mobile phone loan is 3,000-10,000 yuan, which can be repaid in 3 months or 6 months. The amount is relatively small, and it is also suitable for short-term capital turnover.

Comments: In terms of the platform’s quota, Doudouqian’s quota is relatively large, and a credit report is required before you can borrow, so the threshold is relatively high, and the cash bus and mobile phone loan quotas are relatively small. So the threshold is lower.

2. Different risk control models 1. Doudouqian’s risk control mainly uses the Hummingbird Cloud risk control system independently developed by the parent company plus a multi-dimensional scorecard mechanism, combining social security information, social e-commerce, and mobile communications , People's Bank of China credit report, card consumption and other dimensional information as reference, the entire process is reviewed by intelligent robots, and the balance is quickly issued. 2. Cash Bus uses "human power to drive machine algorithms". Cash Bus uses several types of data actively provided by users to determine the credit status of borrowers. 3. Mobile phone loan introduces Alibaba’s Zhima Credit Score as reference data, and determines the user’s limit and loan speed based on the Zhima Credit Score.

Comment: From the perspective of risk control models, although each platform has its own merits, they are all closely related to mainstream artificial intelligence and big data technology. This is also the trend of mobile Internet finance.

3. Different market reputations Although the user groups and development models of cash loan platforms are similar, different products still have unique market symbols. Take Doudouqian as an example. It was launched in October 2015 and has been in development for more than a year. Its features such as fast lending and humanized services have become its unique label and are favored by many borrowers. The convenience and ease of borrowing of cash buses have become its unique label, and the convenience and thoughtfulness of mobile loans are also its unique symbols. With the increase in cash loan products and the increase in product homogeneity, brands will become another powerful weapon for major platforms to compete in the future. Therefore, mastering brand weapons may be the key for cash loan platforms to break out of the market.

Warm reminder: Each of these three products has its own advantages, and borrowers can choose according to their actual situation. Doudouqian, cash bus and mobile phone loans can all be applied for with one click in the "" WeChat official account, so hurry up and pay attention.