What is your experience with campus loans?

Yes, I borrowed 500 at the beginning, and after a few months, I found that the situation was a little wrong, so I quickly went to see it, and found that it became 1000, and I quickly repaid it, it was really a money-eating thing.

I have a friend who has a campus loan, and the loan will be a little more every month, from 500 at the beginning to 5000 now, which is too scary.

Once I almost fell into the pit, I still recommend that you don't borrow a campus loan, and you should refrain from what you can't afford.

I was once recommended by a classmate to take out a loan on campus, but I was still scared and afraid of being deceived.

When I first came to the freshman year, the school did not allow campus loans for various educations, so I have never been in contact, and there have been classmates around me who have been deceived by more than 2,000, so everyone must pay attention.

A friend had the experience of campus loans, and then suddenly one day asked me for my ID number, and was stopped by an insider.

No, I have nothing to do with the loan, and I think about it when I can't pay it back.

When I was a freshman, there was a campus loan to sell in the dormitory, but I decided not to listen to it, and I saw that there were many cases of campus loans being scammed.

When I saw this, I remembered the news I had just seen about a female college student who committed suicide after taking out a loan, and I felt that it was time for me to stand up and say something. The reason is very simple, I just hope that my classmates or younger students will not follow in my footsteps.

Legal analysis: Campus loans, also known as campus online loans, refer to the loan business carried out by some online loan platforms for college students. According to the survey, the risk control measures of campus consumer loan platforms vary greatly, and there is a risk that students' identities will be fraudulently used on some platforms.

In addition, some platforms that provide cash loans to students have difficulty controlling the flow of borrowing, which may lead to excessive consumption by students who lack self-control.

The Dangers of Campus Loans.

1.Campus loans are usurious in nature.

2.Campus loans breed the vices of borrowing students.

3.If the loan cannot be repaid in time, the lender will use various means to collect the debt from the student.

4.There are criminals who use "usury" to commit other crimes.

Characteristics of Campus Loans.

Although campus loans have the advantages of convenient application, simple procedures, and rapid disbursement, they also have the characteristics of lax information review, high interest rates, and high liquidated damages. The risk control measures of campus consumer loan platforms vary greatly, and there is a risk that students' identities will be fraudulently used on some platforms. In addition, some platforms that provide cash loans to students have difficulty controlling the flow of borrowing, which may lead to excessive consumption by students who lack self-control.

With the increase in the number of online loan platforms for students, simply reducing loan interest rates and increasing loan amounts will only make more and more student borrowers fall into the installment trap, discredit themselves, and reduce the profitability of the platform, resulting in losses.

Legal basis: Civil Code of the People's Republic of China

Article 667 A loan contract is a contract in which the borrower borrows money from the lender and returns the loan at maturity and pays interest.

Article 680:Usurious lending is prohibited, and the interest rate on loans must not violate the relevant provisions of the State. If there is no agreement on the payment of interest in the loan contract, it shall be deemed to have no interest. If the loan contract is not clear about the payment of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined in accordance with factors such as the local area or the parties' transaction methods, trading habits, and market interest rates; Where natural persons borrow money between themselves, it is deemed that there is no interest.

What is a Campus Loan? Since the advent of online finance, the online loan industry has grown savagely, chaos has spread, college students have fallen into campus loans, and there is a lot of news about suicide under pressure, what is campus loans? What are the characteristics of a campus loan?

What is a Campus Loan?

Campus loans, also known as campus online loans, refer to the loan business carried out by some online loan platforms to college students. The survey shows that the control measures of campus consumer loan platforms vary widely, and individual platforms are at risk of misuse of student identity. In addition, some platforms that offer cash loans to students have difficulty controlling the borrowing process, which may lead to overspending by students with insufficient self-control.

The Dangers of Campus Loans.

1. Campus loans are usurious in nature.

2. Campus loans breed the bad habits of borrowers.

3. Those who are unable to repay the loan in time use various means to borrow money from students.

4. Illegal persons use usury to commit other crimes.

What are the characteristics of a campus loan?

Campus loans have the advantages of convenient application, simple procedures and fast loans, but they are characterized by lax information review, high interest rates, and high liquidated damages, so students may fall into the trap of continuous loans under the ever-expanding desire for consumption and luck, and supervision needs to be strengthened.

Controls for campus consumer loan platforms vary widely, and individual platforms are at risk of misuse of student identity. In addition, some platforms that offer cash loans to students have difficulty controlling the borrowing process, which may lead to overspending by students with insufficient self-control.

With the increase of student online loan platforms, as long as the loan interest rate is reduced, the increase in the loan amount will be eye-catching, and more and more student borrowers will fall into the installment trap, smear their credit, reduce the profitability of the platform, and cause losses.