Will Pai Pai Loan Fundraising Fail How long does it take to raise Pai Pai Loan fundraising

Generally, not. Founded in June 2007, Shanghai Paipai Financial Information Service **** (hereinafter referred to as "Paipai Loan") is an online information lending platform.

In October 2012, Paipai became an online lending platform that completed Series A financing, and received tens of millions of dollars of investment from Sequoia Capital. In April 2014, Paipai completed the B round of financing, and the investment institutions were Lightspeed Anzhen China Venture Capital, Sequoia Capital and Noah Wealth, a company listed on the New York Stock Exchange.

In April 2015, Paipai announced the completion of Series C financing, with investors co-led by Legend Holdings' Legend Capital and Haina Asia, followed by VMS Legend Investment Fund I, Sequoia Capital and Lightspeed Anzhen China Venture Capital**. [1] On November 10, 2017, Paipai was listed on the ** New York Stock Exchange with the name "PDF".

Generally, as long as the review is passed, the fundraising will not fail. Generally, you can place an order after completing the information, and the general review time is 1 to 3 working days for review, and you can wait for the review after placing the order. Generally, the payment will be made to your reserved bank card or Alipay on the same day or the next day.

Most of them will fail, and many people will not be able to raise the bid in the end, and the raising will fail, and the loan will fail.

1.Raising funds for Paipai Loan is generally within three days. There is no movement for a day, don't worry, it takes time to raise funds and disburse.

Paipai is a P2P online lending platform, and he himself has no funds, and he needs to be funded by a third party, so after applying for payment, the review is passed, but there is no way to lend directly, and he needs to go to the funder to raise enough funds to lend. This results in a longer period of time, which is shown in the Raise Funds in the Disbursement, but it takes three days for the disbursement to be completed.

2.According to the feedback of the majority of users, the fundraising time of Paipai Loan ranges from one day to three days, and you can pay attention to WeChat *** to inquire about the specific fundraising progress. As a P2P online lending platform, Paipai earns the difference in the price of the middleman, and is not responsible for providing funds.

The borrower borrows money from the funder through the platform, and the interest on the loan from the funder is different from the interest on the applicant's loan, and the interest earned by the loan is the difference between the two interest rates. After applying for a loan on Paipai Loan, you can borrow normally after the funds are raised.

3.Of course, it may also lead to the inability to lend, if there is an accident on the funder of Paipai Loan, resulting in problems in the capital chain of Paipai Loan, even after waiting for three days, it will still not be able to lend. Don't be in a hurry when you encounter this situation, you can reapply in three or five days, not because the qualifications are not enough, but because there is a problem with the platform's funding, the Paipai loan platform will be more anxious than the applicant.

4.No matter how formal all online loans are, in the final analysis, it is the interest rate difference that is earned. If you can not borrow, you will not borrow, the interest rate of online loans is relatively high, and they also have to make money.

Instead of borrowing online, it is better to find relatives, friends or banks to take out loans, so that the interest rate is very low.

Extended Information: There are a few things that customers should be aware of while waiting, as follows:

1. While waiting for the funds to be raised, do not change your personal information at will, so as not to affect the loan disbursement.

2. When raising funds through Paipai Loan, you should not submit loan applications repeatedly.

3. Be sure to protect your personal credit.

It is not always possible to borrow money.

OnePat Pat LoanCan I borrow money from the fundraiser after passing the review?

2. Generally speaking, the approval of Paipai Loan but the raising of funds has been 0 due to the following reasons:

1. Failed to successfully pass the review of the funder. The review of the Paipai platform and the review of the financier are carried out separately, because in order to ensure the safety of the funds, the financier will also evaluate the user's credit before making the loan, such as verifying whether the user has hit the blacklist of the financier.

Something like that. If it is found that the user has a bad history, then even if the user successfully passes the review of the Paipai 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. Affected by the general environment, there are not many funds that can still lend normally. Moreover, the lending quota of most funders is also limited, and when the number of people waiting for lending is large, the financier may give priority to users with high-quality credit status, so that users with average comprehensive credit may not be able to obtain the quota.

3. Paipai loan review

When Paipai Loan is approved, it will automatically enter the fundraising stage. The fundraising time takes about 1-3 working days, and when the process is slow, it can take about 7 days. However, generally speaking, as long as the review is successful, it is basically possible to raise full funds, and it is rare that there will be no sufficient funds to lead to failed bidding.

Therefore, if the fundraising time is more than 3 days and the fundraising is not full, then it is recommended that you contact the manual customer service of Paipai in time. In addition, if it is unfortunate that the bid fails, then the user will need to resubmit the loan application.

will fail. If the bid cannot be fully charged after raising for too long, the loan will show that the raising has failed, and the loan has failed. Therefore, once the audit is passed, the standard will be fully completed immediately, and only in this way will it not fail.

1. Pai Pai Loan

Paipai is formal and legal, it was legally registered with the Shanghai Free Trade Zone Market Supervision and Administration Bureau on January 18, 2011, and has a compliant business qualification. Paipai is an online credit lending platform in China, and its main operating body is Shanghai Paipai Financial Information Service, which is formal and reliable, and the Paipai platform is completely formal and legal.

2. Reasons for loan failure

1. The borrower has a bad credit history in the past. A line of credit is a loan that the borrower applies for with personal credit, so when the lending institution accepts the loan application, it will first check the borrower's personal credit report, and if the report shows that there is a late repayment in the near future, then the loan application is very likely to be rejected.

2. The borrower's income is not high. Since the borrower who applies for an unsecured loan does not provide collateral as security, the lender pays more attention to the borrower's income to judge his or her ability to repay. If the borrower's income is too low or unstable, the borrower may be denied.

3. The borrower's job is unstable. According to the regulations of most lending institutions, the borrower must have worked for the current employer for half a year before he is eligible to apply for a loan, which means that there is no need to consider a credit loan if you are just starting out.

The loan failed due to overdue credit information. If the loan fails because of the overdue credit record, the waiting time will be longer, because the overdue loan will have no negative impact on the loan application after two years of settlement. When applying for a loan, the lending institution will generally only look at the overdue record in the past two years, and the requirements for credit investigation are different for each loan product, some are allowed to be overdue, and some cannot have any overdue records, and you need to see the requirements of the loan product before reapplying.

Loan failure due to insufficient repayment ability. If the loan fails because the borrower's debt ratio is high or the income is insufficient, you can settle part of the loan under your name first, reduce the personal debt ratio, or provide more proof of assets to show your ability to repay.

It will also fail in the fundraising. If the bid cannot be fully charged after raising for too long, the loan will show that the raising has failed, and the loan has failed. Therefore, once the audit is passed, the standard will be fully completed immediately, and only in this way will it not fail.

If Paipai Loan shows that funds have been being raised, it may be due to the following reasons:

1. The platform does not have enough funds to lend.

2. There is a problem with the application submitted by the individual, and the review is withdrawn, resulting in the flow of funds and the loan funds cannot be distributed normally.

3. There is a problem within the Paipai loan system.

Generally, it is displayed that the money can be placed in the fundraising, because the review has been passed, the bill has been generated, let the customer service deal with it, update the page, and the order will be changed. If this has been the case for a long time, you can contact customer service to inquire about the situation.

Late repayment, loan approval failure, or expiration of temporary quota will all lead to a decrease in the quota. The quota is only temporarily adjusted, and it may be increased in the future. Continue to maintain a good credit history and wait for the limit to be assessed and gradually increase.