Joke Collection Website - Public benefit messages - What is a racket loan?

What is a racket loan?

P2P peer-to-peer lending platform.

Pailai Loan is a P2P platform in peer-to-peer lending, which belongs to Shanghai Fengchi Financial Information Service Co., Ltd. The platform was established on 20 14 and is headquartered in Beijing. The characteristic of Pailai Loan is its flexible credit model, which allows investors and borrowers to bid with each other through online bidding to reach a financing agreement. The platform aims to enable borrowers to obtain the best financing interest rate through bidding, while investors can obtain higher return on investment through bidding.