An example of online lending happened around me. I heard that a senior student borrowed one or two thousand yuan. I didn't expect to pay hundreds of thousands of interest. The senior left a letter in the dormitory saying that he would commit suicide, which was finally discovered by the teacher and prevented a tragedy from happening.
There are many similar examples on the Internet, so why do so many students choose online loans? I think the following two situations are the most likely reasons:
First, consumption. The study task of college students is not as heavy as that of middle school, and students have more free time. Most college students leave home for the first time and live alone in a big city, and their parents will give them living expenses every month. Under such circumstances, college students have the ability to spend, and it seems that students don't spend much. In fact, it costs thousands of dollars to eat, drink and be merry every month. If you want to travel, eat or other social activities, you will spend more.
Girls buy more cosmetics, and boys may have to buy more expensive gifts for their girlfriends. When the money is not enough and they are embarrassed to ask for it from home, campus loans have become their choice.
Second, start a business. There is a wave of entrepreneurship in universities, and many students who want to realize their entrepreneurial dreams inevitably have to borrow money in order to start a business. If they don't borrow enough money from formal channels, when they need money badly, online lending will become their choice.
College students are not ignorant of the disadvantages of online lending, and relevant departments of the school will hold some seminars regularly to remind students to pay attention to loan fraud. It's just that they overestimate their repayment ability and the sinister nature of online loans.
Non-performing online loans may deliberately set up a game to delay the lender's repayment period, so the rolling interest is unbearable for the lender.
For college students, there is no stable income and there is no need to go online. Don't get involved in this muddy water easily!