On March 17, official website, the CBRC issued the Notice on Further Regulating the Supervision and Management of Internet Consumer Loans for College Students (hereinafter referred to as the Notice).
The circular clarifies that microfinance companies are not allowed to issue Internet consumer loans to college students, further strengthens the risk management of Internet consumer loans to college students by licensed financial institutions such as consumer finance companies and commercial banks, and clarifies that institutions established without the approval of regulatory authorities are not allowed to provide credit services to college students. At the same time, organize all localities to deploy and carry out supervision, inspection, investigation and rectification of college students' Internet consumer loan business.
First, the essence of flower buds
Bai Hua is a credit card issued by Alipay, but this credit card has no physical card and its name is not XX card. On the contrary, it took such a confusing name as "Bai Hua", and people would not realize its essence at all.
The essence of credit card is personal credit loan. The amount you spend with a credit card is equal to borrowing money from the bank or Alipay to pay the merchant. As long as the loan is paid off within a certain period of time, no interest will be charged. If the loan is overdue, you have to pay interest or other fees.
Let's look at Bai Hua and official website's explanation of repayment. Obviously, the credit card was replaced by a vest.
Second, use the pit where the bud is easy to step on.
1, by stage
This is a pit that many people will step on when using flowers. Boys see new mobile phones, girls see cosmetics, clothes, bags and so on. If you are shy, there are always temptations that you can't resist. If you calculate the installment amount, you should be able to cope next year, so bite the bullet and buy it. Temptation is always one after another, and it is found in stages that the bill can't be paid at all, and eating is a problem.
If you buy things in installments, the total amount of the final payment is much higher than the one-time full payment. There was not enough money to use staging. Who knows that it costs more to buy the same thing in the end. This pit is big enough.
2. Minimum repayment amount
One month's expenses are too large, the bill repayment amount is too large for a while, and the "minimum repayment amount" is a helpless solution for many people. The remaining amount of the bill is calculated at the daily interest rate of 0.05%, which is equivalent to the annual interest rate of 18.25%, which is almost the level of usury.
3. Consumption in advance and excessive consumption
In addition to economic consumption ability, many people buy apples, SLR and luxury goods by installment in order to live a so-called better life. Young people often become victims of "stimulating consumption".
These are early consumption and excessive consumption, and flower buds are a powerful tool to help these victims develop consumerism habits.