Which is better

It is recommended that customers choose formal banking channels to apply for loans, such as the Agricultural Bank of China's "Online Quick Loan".

Netfast Loan refers to a small-amount consumer loan issued by ABC to individual customers of ABC who meet specific conditions, and is self-applied for, quickly received, and self-serviced.

2) The borrower understands the product situation, the basic conditions of the loan and the handling process.

3) Fill in the basic information, the term of the loan to be applied, the borrowing and repayment account, the mailing address, etc.

4) The system verifies the validity of the mobile phone number.

6) Confirm the loan information, the amount of the loan to be applied for, the purpose of the loan, etc.

The maximum loan amount is 300,000 yuan, and the minimum loan amount is 3,000 yuan; The specific quota of the customer will be approved according to the customer's business situation in ABC.

I can help you, both of these are very high interest and not recommended.

In fact, the loan on Paipai Loan is not tolerant of lower payments, in fact, it mainly depends on the severity of the loan review process on it. It usually depends on whether you are borrowing for the first time or have borrowed before. If you borrow it for the first time, it may take 2-3 days to review, and after the review is passed, the money will be available to the bank card in a day or two.

If it's the second time you borrow it, it may be faster, and it's not uncommon to get it in a few hours.

With the rapid development of social economy, now we can deeply feel that in fact, the use of mobile phones has brought earth-shaking changes to our lives, and now we can also realize the function of loans online, but sometimes there will be some impact on loans, so some people will have such doubts, that is, what happened to Paipai Loan? Regarding this problem, in my personal understanding, now this platform has gradually withdrawn, or even transformed. The number of borrowers has been declining for 26 consecutive months, so let's take a closer look.

1 Gradual retreat or even transformation

In fact, for many online loan platforms, in fact, there is a lot of risk in itself, that is to say, if no one takes out a loan, then their pressure is very great, and there is no profit at all.

2 The number of borrowers continues to decline

After understanding the specific figures, we can find that for the loan platform of Paipai Loan, the number of borrowers and the number of borrowers has been declining for 26 consecutive months. So in such a situation, it is difficult for the company to operate, so it is likely that it has already been transformed now.

Therefore, we should pay more attention to this aspect of the problem in our daily life, for everyone, understanding this aspect of the problem, it is beneficial to us, but now for these online lending platforms, we must improve our vigilance, do not take out loans at will. Especially for the kind of informal institutions, it is likely that there will be a state of rolling profits, and in this case, we will lose a lot of money. And it's also very bad for yourself.

It's very good, it's very convenient, and a lot of people in need get help, and the reviews on the Internet are also very good.

It's not very good, if you want to get a loan, you should choose a regular, reputable, and guaranteed platform, so that the platform will be less profitable and safer.

It's not particularly good, and the risk is relatively large, plus the follow-up costs are also very high, so you must be rational.

It's okay, I've been using it all the time, but the amount is a bit low.

Paipai Loan is very good, and the licensed institution lends money. Most of them are banked.

Ugly pat loans, high interest rates, borrowed once repaid, can no longer borrow.

The garbage can not be in the garbage, and the interest can be calculated carefully and high.

Usury, charge a guarantee fee, it is better not to touch.

Overdue daily harassment**, intimidation text messages, half a month to explode the address book.

Sell your information, borrow money on Paipai Loan, and other platforms still have records.

There are so many borrowing platforms, it is better to borrow Huabei and borrow

1600 owedTell me to pay back 3200 and pay him a hair, I owe it for four years.

The rapid development of the Internet finance industry is really amazing, but the level of various platforms is uneven; For users, how to choose a platform is a problem. So, which is better, Paipai Loan or Renren Loan?

Paipai Loan: 8 points for visibility, 6 points for safety, and 6 points for expected annualized expected rate of return

Founded in 2007, Paipai is the first P2P pure credit unsecured online lending platform in China. The Moojing personal credit rating system independently developed by Paipai can assess the borrower's overdue risk, and use big data for credit investigation, as well as risk zoning according to the borrower's different qualifications and default risk, corresponding to different expected annualized expected returns, to meet the needs of different investors. The cooperation between Paipai and Sunshine Property & Casualty Insurance Group has also added a barrier to the safety of investors' funds.

There are many types of investment projects on the auction loan, such as loose bids, financial management tools, current financial management, currency**, etc., with a minimum investment of 50 yuan, an investment period of 1-12 months, and a historical expected annualized expected rate of return of about 8%, and an expected annualized expected return, but the qualifications of the first in China are still its charm.

Renren Loan: 8 points for popularity, 7 points for security, and 8 points for expected annualized expected rate of return

Renren Loan, a subsidiary of Renren Youxin Group, has developed rapidly since its establishment in 2010 and received a Series A financing of 100 million US dollars in January 2014. Renrendai has made remarkable achievements in the past five years, and today it has become one of the most influential Internet financial brands in the industry with millions of users. Renrendai spent $8 million to buy the world's seventh most expensive domain name, which suddenly became well-known in the entire online lending circle.

Along with the high profile comes the security of Renren Loan. Renren Loan has established a risk reserve fund and handed it over to Minsheng Bank for custody, and when the project is overdue for more than 30 days, the risk reserve fund will be used to advance the principal and interest to investors. Because Renrendai focuses on personal small loans, it must have a strict risk control process in terms of pre-loan review and post-loan management.

It can be seen that Renrendai is still very careful in the safety of user funds and the safety of the project.

In addition to high visibility and high security, the expected annualized expected return of Renren Loan cannot bring screaming returns to investors, but it is also futile. The average expected annualized expected return of Renren Loan is about 11%, which is at the middle level of the industry; However, the ultra-long term is prohibitive, and the data shows that the average borrowing period of Renren Loan is more than two years, which is suitable for long-term investment and investors who do not require flexibility.

Paipai loan is formal and reliableAt present, Paipai Loan has been listed in the United States, and the registered capital is as high as 1 billion yuan, and has been operating steadily in the market for 11 years, on the whole, the strength of Paipai Loan is very strong, if you have a demand for Paipai Loan, you can apply for the Paipai Loan app, Paipai Loan can provide consumers with a loan amount of up to 200,000 yuan, and the fastest one hour can be paid.

In 2021, there are still users who have successfully borrowed money on Paipai Loan, but unlike in the past, Paipai is no longer a platform that matches borrowers and lenders, but does loan assistance business.

For example, some users apply for loans on Paipai Loan, matching the products of New Orange Youpin, and some recommend credit wallets, etc., which is equivalent to an intermediary service platform that matches products for borrowers, and in fact, it is the funder who reviews and disburses the loan.

In addition, according to the official announcement of Paipai Loan, after the transformation into a loan business, it is mainly to recommend the products of licensed financial institutions to users, so if you need to apply for a loan, you can see whether the actual matching institution is indeed regular. If the push platform is high interest and does not meet the qualifications, then it is recommended that users consider not applying, so as not to cause personal information leakage and loss of funds.

If you have capital turnover needs, it is recommended that you use Youqianhua, which is a credit service brand under Du Xiaoman Finance (formerly known as: Youqianhua, renamed "Qianhua" in June 2018), a big brand with reliable and low interest rates. If you have money to spend - full easy loan, the maximum amount of borrowing is 200,000 (Click on the official free test credit), daily interest rates as low as toIt has the characteristics of simple application, low interest rate, fast lending, flexible borrowing and repayment, transparent interest and fees, and strong security.

Tips: The above information is for reference only and does not provide any lending advice. In order to ensure the safety of funds and prevent routine loans, it is recommended that you choose a regular bank or a formal loan platform through your own judgment after a comprehensive understanding, and borrow reasonably according to your actual situation.

Cao Cao loan, pat loan, pat installment.

1. Paipai Loan: Founded in June 2007, the full name of the company"Shanghai Paipai Financial Information Service****", headquartered in Shanghai. It is the first P2P pure credit unsecured online lending platform in China, and it is also the first approved by the industrial and commercial department"Financial information services"Qualified Internet financial platform.

In addition to ordinary loose standard investment projects, it also provides users with two combination investment tools, Paipai Bao and Pai Xiaobao, which are convenient for users to use. There are more than 1,000 employees. As of the first half of 2014, it has nearly 3.6 million registered users, making it the largest P2P platform in China.

2. Two major investment tools:

1) Paipaibao: Paipai Bao was launched in July 2014 and was immediately recognized by the majority of investment users for its relatively fixed investment period and considerable investment returns. Paipaibao's funds will be used for investment in low-risk assets to ensure the safety of the lender's funds.

2) Pai Xiaobao: In September 2014, Pai Xiaobao was officially launched, which is another investment tool launched by Paipai Loan to simplify the investment process after Paipaibao. Due to the equal principal and interest collection method, Pai Xiaobao can receive payment every month, and the yield is nearly 50% higher than that of Paipaibao.

Cao Cao loan, pat loan, pat installment.

Excluding usury, the maximum annual interest rate that can be set is 4 times the benchmark interest rate of the People's Bank of China, which is protected by law. But borrowing is certainly not cost-effective, and their interest rates are generally attached to the edge of usury. It can only solve a temporary urgent need.

Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases.

Article 26 provides:

Where the interest rate agreed upon by the borrower and the borrower does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it.

If the interest rate agreed between the borrower and the borrower exceeds 36% per annum, the interest agreement on the excess part shall be invalid. Where the borrower requests the lender to return the interest paid in excess of 36% of the annual interest rate, the people's court shall support it.

On the platforms of Paipai and Renrendai, the interest is formed by the borrower in the form of a fixed price, and the maximum annual interest rate that can be set is 4 times the benchmark interest rate of the People's Bank of China. Interest questions for prepayment users:

1. For partial early repayment, the interest will be calculated as usual, and there will be no interest reduction;

2. Repay the loan in full in advance in advance, and the interest will be calculated according to the actual number of days the funds are occupied.

It's 35 percent interest.

Paipai loan is usury, routine loan.