After the auction loan is approved, can I borrow money from fund-raising?

My auction loan passed the examination. Why does it show that I am raising money?

It was approved in the financing of the auction loan. After applying for a loan, the loan page shows that the fund-raising has passed the examination and is preparing funds for the applicant. Users only need to wait patiently for the inspection results. Users must repay the loan on time after the loan, otherwise their personal credit information will be affected.

Generally speaking, it takes about 1-3 working days from full bid to payment. It may take about seven days if the process is slow. Generally speaking, raising funds by auction and loan is still guaranteed, and it is rare to encounter the situation that bidding fails due to insufficient funds. You can rest assured. As long as the application page is fundraising, it will generally not fail. Wait patiently or ask the customer service process if it hasn't arrived for more than three days.

Extended data:

Matters needing attention in auction loan:

Pay attention to repayment on time: in the process of using loans, we must pay attention to repayment on time, and the existing loan bills must not be defaulted. Once overdue records appear, the quota will be frozen immediately and cannot be recovered.

Pay attention to the purpose of the loan: the loan is mainly used for daily consumption, not for venture capital and not for illegal purposes.

Pay attention to maintaining your own credit: you will review your recent personal credit when you borrow money. If personal credit is tainted, including loans overdue, overdue credit cards, bad behavior of public officials, and being placed on the list of dishonesty by the court, then it is impossible for everyone to apply for a new loan.

Baidu encyclopedia-pat belt

People's Daily Online-internet plus Financial Auction Loan: Being Taobao in China Online Loan Market

Is it borrowed from the fund-raising funds of the auction loan?

No, the full bid is borrowed. In terms of fund raising, it is approved, that is, the funds you borrowed are being raised and need to be paid. The general review time is 1 to 3 working days. If the process is slow, it takes about 7 working days. Wait for the review after placing the order. Generally, the money will be transferred to the reserved bank card or Alipay account on the same day or the next day.

1. Paipai Loan was established in June 2007. The full name of the company is "Shanghai Paipai Loan Financial Information Service Co., Ltd." and its headquarters is located in Shanghai. It is the first pure credit and unsecured peer-to-peer lending platform in China, and the first Internet finance (ITFIN) platform approved by the industrial and commercial departments to obtain the qualification of "financial information service".

2. Advantages and disadvantages of loans:

Advantages: Use personal resources to get funds quickly.

Disadvantages: repayment of principal and interest, loan before consumption. If the borrower fails to repay the loan on time, the bank has the right to auction the collateral and repay the loan with the proceeds from the auction. The balance of the auction money after paying off the loan shall be returned to the borrower. If the auction money is not enough to pay off the loan, the borrower will continue to pay off.

3. Loan: A simple and popular understanding is to borrow money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.

4. Repayment method:

(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks use this method for housing provident fund loans and commercial personal housing loans. This way, the monthly repayment amount is the same;

(2) average capital repayment method: that is, a repayment method in which the borrower distributes the loan amount to each installment evenly during the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;

(4) Early repayment of part of the loan: that is, the borrower can apply to the bank for early repayment of part of the loan amount, which is generally an integer multiple of 1 000 or 1 000. After repayment, the loan bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.

(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.

(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.

I didn't borrow money until I took a loan. But now it has been approved and funds are being raised. Can you make the next payment?

Yes, this prompt means that the approval has been passed, but because the funder may have problems with the capital link, there is no money to be released for the time being, so you can wait patiently for two days. Loan auction generally refers to Xinyi Technology Group, which is a financial technology company mainly serving peer-to-peer lending and financial information. It was established in June 2007 and is headquartered in Shanghai. The company's business includes financial technology business, international business and technology ecological incubation business, and it was listed on the New York Stock Exchange on 20 17 1 10.

1, is the auction loan formal?

Auction loans are very formal. Founded in June 2007, it is headquartered in Shanghai, an international financial center. It is a financial technology company. The full name of the company is Shanghai Paipai Loan Financial Information Service Co., Ltd., which was successfully listed on the new york Stock Exchange on 201710. For example, in June of 20 12, 10, the auction loan won the A round of financing, in April of 20 14, the auction loan completed the B round of financing, and in April of 20 15, the auction loan completed the C round of financing, which made the development of the auction loan very good, and finally the enterprise went public.

2. Do you have the credit information of the auction loan?

As far as credit is concerned, the pat loan is not on the credit of the central bank, but there will be hundreds of credit lines, also known as "Xinlian". Central Bank Credit Information refers to the credit information system of the People's Bank of China, and Baixing Credit Information is jointly established by China Internet Finance Association, Sesame Credit, Tencent Credit Information, Koala Credit Information and Peng Yuanzheng Credit under the guidance of the People's Bank of China with a registered capital of 1 100 million yuan.

Generally, the central bank will collect credit information at bank loans and credit card meetings, while applying for loans at small loan companies such as pat-pat loans will lead to hundreds of lines of credit information collection and information sharing. If the user fails to repay the loan, the overdue record will be recorded in the credit report of 100 banks, so the institutions accessing the credit report of 100 banks can find it, which will have a bad influence on the borrower's credit.

3. Overdue fees and consequences of auction loans.

As the first batch of enterprises to enter 100 banks for credit investigation, borrowers will check the borrower's credit investigation report when applying for loans, and pat the loan records at the meeting for credit investigation. If the borrower's loan is overdue, it will not only affect all kinds of credit information such as Sesame Credit, Tencent Credit Information, Koala Credit Information, Pengyuanzheng Credit Information and Qianhai Credit Information, but also affect the borrower's future mortgage, car loan and online loan, as well as finding a job and participating in business bidding. Default interest is charged to the borrower on a daily basis, and the overdue fee is calculated at 0.7‰ of the principal. At the same time, arrange staff to collect arrears by telephone, SMS, etc. Even take the debtor to court until the borrower pays off the debt.

After the auction loan is approved, can I borrow money from fund-raising?

You may not be able to borrow money.

1. After the auction loan is approved, can I borrow from the fund-raiser?

If the loan is approved, it may not be able to get the loan. Auction of loans shows that raising funds is actually publishing your loan information, and other investors will lend you money after seeing it. The funds lent by each investor may be different, and you will not be lent until all the funds are raised. If no one lends you money, the fundraising will fail.

Two, in general, the auction loan is approved but the financing is zero for the following reasons:

1, failed to pass the review of the investor. The audit of the auction loan platform and the audit of the funder are carried out separately, because in order to ensure the safety of funds, the funder will also evaluate the user's credit before lending, such as verifying whether the user is blacklisted by the funder. If the user is found to have a bad history, even if the user successfully passes the audit of the auction loan platform, it will still be rejected by the funder, resulting in the inability to obtain the credit line.

2. The loan amount is small. Under the influence of the general environment, there are few investors who lend normally now. Moreover, the loan amount of most investors is also limited. When there are a large number of people waiting for loans, the funder may give priority to the users with high credit status. As a result, users with general comprehensive credit may not be able to obtain the quota.

Three, the auction loan review

After the auction loan is approved, it will automatically enter the fundraising stage. It takes about 1-3 working days to raise funds, and it may take about 7 days when the process is slow. But generally speaking, as long as the audit is successful, it is basically possible to raise enough funds, and it is rare for insufficient funds to lead to poor bidding. Therefore, if the fundraising time is more than 3 days and you haven't raised enough, then I suggest you contact the manual customer service in time. In addition, if the bidding fails unfortunately, the user needs to resubmit the loan application.