1, the concept of

  The so-called "peer-to-peer lending", which is P2P (Peer to Peer) lending Chinese translation. Say simply, is to have the funds and financial investment idea of personal, through the intermediary matchmaking, use credit loan way will fund loans to other borrowing needs of people. Among them, the intermediary agencies are responsible for detailed investigation of the borrower's economic benefit, management level, development prospects, and charge account management fees and service fees and other income. On the basis of this mode of operation is the "contract law", in fact is a kind of folk loan, as long as the loan interest rates than bank lending rates 4 times over the same period, is legitimate.

2, operation platform

  Peer-to-peer lending (P2P lending) service platform is mainly for those with good credit but lack of funds, the college wage earners and small businesses, helping them to achieve the training, the purchase of home appliances, decoration and part-time business etc.. For these borrowers, they give loans without collateral, but by understanding the identity information, bank credit report their etc., to determine their loans and loan interest rates, then, the intermediary would provide this information to lenders, loan agreement reached by direct their double side, lenders get loan interest.

3, characteristics

  Direct and transparentThe lender and the borrower directly signed loan contract between individuals, one on one to understand each other's identity information, credit information, timely informed Lender Borrower repayment schedule and living condition improvement, the most vivid, intuitive experience yourself for others to create value.

　Credit screeningIn the peer-to-peer lending model, lenders can credit of the borrower's evaluation and selection, high level of credit borrowers will receive priority to meet, the lending rates also may be more favorable.

　Risk dispersionLenders will funds dispersed to a plurality of the object, and provide a small amount of the loan, the risk is the best dispersion.

　Low threshold, channel cost lowPeer-to-peer lending financial mode so that everyone can become the disseminators and users of credit, credit transaction can be very convenient, everyone can easily participate in, the social idle funds better configuration, the high income groups more than idle funds reasonably lead to numerous good credit and in need of help low income people.

4, meaning

  Peer-to-peer lending is a very small amount of the loan together to lend to a business model with capital needs of the population. Its social value is mainly manifested in meet the individual demand for funds, developmentPersonal credit systemAnd improve the rate of three aspects of the use of social idle funds:

  1) in China, Bank ofPersonal credit loanThe requirement is very high, people face a lot of difficulties in financing from the banking system, peer-to-peer lending model can provide a new financing channel for the funds needed to people.

  2) is the main mode of peer-to-peer lending loans to personal credit evaluation based, which contribute to the development of the personal credit value manifests itself, improve the construction of individual credit system in society.

3) peer-to-peer lending model enlarges personal investment channels, increase the flow of funds, improve the social idle fundsUse rate, promoting economic development.