Information > General article > Raiders channel > Novice loan >  text

Bank borrowing money is not easy to borrow, why can I borrow money with my mobile phone number?

Time: 2018-01-15         Source: Wukong Q & A         Author: The second element of the devil

Why do some platforms borrow money with their mobile phone numbers? I have the following opinions!

It has been difficult for banks to borrow money all the time. This is well known. Because banks, as such a large financial institution, must consider both lending and income, as well as the risk of lending. If you do not have any credit, any mortgage, the bank lends to you a lot of risk, once the bank bank gives you money, you do not have the bank's money, for the bank, the bank is not Willing to take on this risk.


Then why are some small loan companies or online lending platforms willing to lend you money? There is only one reason for them to be willing to do so, that is, profit, that is, money. These small loan companies do a risk assessment every year. Every year, they have a lot of bad debts to make predictions. That is to say, how much money is not collected every year, they have already recognized.

There are many people who don't understand. If so, how do these small loan companies make money? The answer is interest. Companies of this type generally have higher interest rates than banks, and liquidated damages are also very horrible. Such profits are enough to make up for the money that cannot be recovered every year.

So, summed up, there are no platforms that can make money with the phone number, the answer is profit. Is the platform for Alipay, Pratt & Whitney, and Microfinance? The answer is yes. Although Ma Yun said how to make people's welfare for the sake of the sky, we must know that not only Alibaba, Taobao, Tmall, but also the borrowers of Alipay and the flowers of Ma Yun have earned a lot of money.

Of course, I have to admit that some platforms are still very conscience. The daily interest rate is generally between 0.3% and 0.5%. The next paragraph is fast and the amount is high. If you can't borrow money at the bank, they are really good choices.

So all things can't be separated from a "profit" word, whether it is a bank or these online lending platforms and institutions, when you get the money in their hands, don't thank them, because you have already paid interest.

[Exclusive Manuscript and Disclaimer] Any work, such as "360 Original", without the written authorization of 360, may not be reproduced, extracted or otherwise used by any unit, organization or individual. If you have been authorized in writing, please indicate the source of 360. Anyone who violates the above statement and infringes on the legal rights and interests of Rong 360 shall be investigated for legal responsibility according to law. The materials and conclusions in the works are for user's reference only and do not constitute operational recommendations. To obtain written authorization, please send an email to:

Comment list (user comments are only for users to express their personal views, does not mean that the site agrees with its views or confirms its description)
you may also like
  • Why are banks rushing to lend me money?  Many people may have received a phone call from a credit card customer service. If you don't agree, you will have to borrow tens of thousands and hundreds of thousands of dollars. One phone call will be made, and the money will be almost seconds. The credit APP on the street is flooding. Some giants have also put down their careers in the great cause of lending...
  • So simple? The credit rating is not good, can you borrow the mobile phone number?  Recently, a friend and a small editor said that the credit is not good, you can borrow a mobile phone number! Is there still such an operation? Xiaobian wants to tell everyone, don't be too naive, now the mobile phone number is real-name authentication, even if you change the new mobile phone number, real-name authentication is your own...
  • Bank interest rates are so low. Why are people borrowing money on the P2P platform?  At present, the domestic P2P platform mainly distributes loans and personal consumption loans for small and micro enterprises (including individual industrial and commercial households), which is similar to the small and micro loan business of traditional banks. But investors often have the question: P2P's interest rate is higher than the bank's loan interest rate, why...
  • Know why you are poor? Because you dare not borrow money!  At the end of 2009, Zhou Libo said a very famous saying in "Zhou Zhou Li Bo Xiu": Before the age of 40, don't buy a house before the finances achieved full freedom. 1.5 million asked bank loans, even if the interest rate hits 30%, it will return to the bank of 7298.53 yuan every month, 30 years to return to the bank...
  • It’s easier to find a “borrowing money” for the bank.  With the end of the year, the bank's annual credit balance is running low, and the mortgage tightening trend has begun to spread nationwide. It may become a normal situation to stop lending in the future. This is the "China" released on November 19th by the well-known online financial search platform 360. The monthly analysis report of the mortgage market...