Information > General articles > Raiders Channel > Novice loan >  text

Why don't you borrow money to borrow? Why can you borrow money with your mobile number?

Time: 2018-01-11         Source: Wukong Quiz         Author: The second element of the devil

Why do some platforms borrow money on the phone number? I came to the following conclusion!

It has been known that banks have always borrowed money. This is a well-known fact. As a financial institution such as this, the bank must consider lending to obtain benefits and consider the risk of lending. If you don't have any credit or mortgage, bank lending to you is a great risk. Once the bank bank gives you money and you don't have the bank's money, for the bank, the bank is not. Willing to bear this risk.


That is why some small loan companies or online loan platforms are willing to lend money to you. There is only one reason why they are willing to do so. That is profit, which is money. These small loan companies will do a risk assessment every year. Every year, they will make good predictions about how bad debts are. That is to say, how much money will not be received each year. They have already agreed.

There are many people who do not understand. If so, how can these small loan companies make money? The answer is interest. Such companies generally have higher interest rates than banks, and liquidated damages are also very scary. Such profits are sufficient to make up for the non-recoverable money each year.

So, summing up, there are no platforms that can make money on the phone number. The answer is profit. Is Alipay, P&W, and Micro-lending the same platforms? The answer is yes, although Ma Yunsheng has said how to help people benefit, but we must know that not only Alibaba, Taobao, Tmall, but also Paypal Lane's luck, Huan Ma Yun are all earning pours.

Of course, we must admit that some platforms are still very conscientious. The daily interest rate is generally between 0.3% and 0.5%. The next payment is fast and the quota is high. If you cannot borrow money at the bank, they are really a good choice.

Therefore, all things can not be separated from a "Lee" word, whether it is the bank or these online loan platforms and institutions, when you get money in their hands, do not thank them because you have paid interest.

【Exclusive Manuscripts and Disclaimer】 All works marked as “Future 360 ​​Original” must be reproduced, excerpted or otherwise used by any entity, organization or individual without authorization in writing. Has been authorized in writing, indicating the source melts 360. Violations of the above statement inflicted violations of the legal rights and interests of 360 will be legally pursued. The materials and conclusions in the work are for reference only and do not constitute operational recommendations. For written authorization, please email:

Comment list (User comments are only for users to express personal views, does not mean that this site agrees with their views or confirms their description)
you may also like
  • Why do banks rush to lend money to me?  Many people may have received a phone call from a credit card customer. If you don’t agree, you’ll have to borrow tens of thousands or hundreds of thousands of people and get a phone call. The money is almost second to the account. The credit APP of Man Street has been flooded. Some giants have also put aside their careers in lending to lenders...
  • Bank interest rates are so low. Why are people still borrowing money on the P2P platform?  At present, the domestic P2P platform mainly issues loans for small and micro enterprises (including individual industrial and commercial households) and personal consumption loans. This business is similar to the traditional micro-lending business of banks. But investors often have such questions: P2P interest rate is higher than the bank's loan interest rate, why...
  • It is easier to find "borrowing money" for banks  As the end of the year approaches, all banks’ credit balances are running out and the mortgage tightening trend begins to spread nationwide. In the future, the suspension of loans may become a normal state. This is November 19th, China’s famous online financial search platform fused to 360 “China Mortgage Market 11 Month Analysis Report...
  • Do you know why you are poor? Because you dare not borrow money!  At the end of 2009, Zhou Libo said a famous saying in "Zhou Zhou Li Bo Xiu": Before the age of 40, financial affairs did not buy a house until it had achieved full freedom. 1.5 million bank borrowings, even if the interest rate hits a 70% discount, it will also be returned to the bank of 7298.53 yuan each month.
  • Say, why don't you borrow money from relatives and friends?  They all said that they were a penny-defying hero and Xiao Bian (aiwanqian360) found that people nowadays are more willing to choose to set up loans and do credit cards, and they are also reluctant to borrow money from friends and relatives. This phenomenon is not uncommon, many of my friends around are like this, in the background...