What is online lending?

Online lending, mbth is Internet lending, and p2p online lending is the abbreviation of online lending, including personal peer-to-peer lending and commercial peer-to-peer lending. P2P online lending refers to direct lending between individuals through the Internet platform. It is a sub-category of the Internet finance (ITFIN) industry. In 20 12, the number of online lending platforms in China increased rapidly, with about 350 active platforms so far, and the total number reached 3,054 by the end of April 20 15.

From 2065438 to September 2009, the Leading Group for Special Remediation of Internet Financial Risks and the Leading Group for Special Remediation of Online Lending Risks jointly issued the Notice on Strengthening the Construction of P2P Online Credit Information System to support the operating P2P online lending institutions to access the credit information system.

The essence of internet finance still belongs to finance, and it has not changed the characteristics of financial risks such as concealment, contagiousness, extensiveness and suddenness. Strengthening the supervision of Internet finance is an inherent requirement to promote the healthy development of Internet finance. At the same time, Internet finance is a new thing and a new format. It is necessary to formulate a moderately loose regulatory policy to leave room and space for Internet financial innovation. By encouraging innovation, strengthening supervision and mutual support, we will promote the healthy development of Internet finance and better serve the real economy. Internet financial supervision should follow the principles of "legal supervision, moderate supervision, classified supervision, collaborative supervision and innovative supervision", scientifically and reasonably define the business boundaries and access conditions of various formats, implement regulatory responsibilities, clarify the bottom line of risks, protect legitimate operations, and resolutely crack down on illegal activities.

: 1. Online lending will not only generate penalty interest and liquidated damages, but also face collection, which may be blacklisted by third parties.

(1) Penalty interest and liquidated damages: If the loan is not repaid, the first thing you encounter is a high penalty interest. Some financial institutions need you to pay liquidated damages on the basis of penalty interest. These expenses add up to a lot, but if you don't want to get into the quagmire of loans, you must develop good repayment habits.

(2) Faced with collection: Many people owe money and don't pay it back because they are urged to collect! When the arrears are overdue, the online lending platform will inevitably collect them through various means. If the collection is not returned for a long time, at this time, some online lending platforms will go to a third-party collection company for collection.

(3) Inclusion in the blacklist of third-party credit information: Although many online loans have no credit information now, there will be online loan credit information databases and online loan credit information blacklists. Once bad records are left in these credit information systems, it will be very difficult to borrow them on other platforms.