With the development of economy, the pace of life in cities is getting faster and faster, and people's requirements for quality of life are getting higher and higher. At the same time, both office workers and business owners, as well as college students who are attending school, have a growing desire for money.

Five years ago, when people needed funds, the first thing they thought of was bank loans or borrowing money from friends. Things are different now. Due to the contraction of bank loan policy and the diversification of borrowing channels, most people will first choose to borrow from internet financial products to meet their capital needs.

As we all know, the daily expenses of college students mainly depend on the living expenses given by their parents. Independent students may do some part-time jobs to meet their extra daily expenses. However, due to the psychology of comparison and vanity, a small number of college students now require famous brands for food, clothing, housing and transportation, and the money given by their parents can't meet them. I have no choice but to borrow money to satisfy my vanity.

I can't get a loan from the bank because I have no assets. Looking for friends? College friends are still college students, and there is not much money. The development of campus business of online lending platform just provides college students with an opportunity to borrow money. According to Wukong Caijing. Com understands that "many online lending platforms deliberately release" high amount and low interest "to attract college students to apply for loans. Moreover, it is important that the threshold of these platforms is very low and the loan review system is not strict. "

However, the so-called high quota and low interest rate is not worth pondering, and there are many loopholes in the audit procedures and terms. It is understood that the platform will conceal or blur the actual tariff standards, overdue fines and liquidated damages. From the borrowing students, and the high liquidated damages will only be shown to the borrower after the loan is actually signed or overdue. As we all know, the liquidated damages of these lending platforms are as high as 1%/ day of the loan amount.

It is precisely because of these high liquidated damages and the lack of a stable source of income for college students that a large number of post-90 s bad debts have emerged. This part of the borrowing students hold the psychology of evading accounts, thinking that they can hide in the past, and if they avoid it, they will become old-timers.

In fact, for the post-90s generation who are still in school or just entering the society, there are countless possibilities in the future. If the future credit is affected only because of the thousands of dollars now, it will be a bit of a loss.