1, low threshold: compared with traditional bank loans, the threshold of campus online loans is lower. Many platforms only need students to provide basic identity information such as ID cards and student ID cards, and there is no need to guarantee or mortgage, so it is easier to get loans.
2. Fast approval: The approval speed of campus online loans is very fast, and it often takes only a few minutes or hours to complete the application and review, so that students can get loans quickly. Simple procedure: The procedure of campus online loan is relatively simple. Students only need to fill in the application form online and submit relevant materials, and the platform will review the loan, eliminating the cumbersome procedures of traditional loans.
3. Flexible amount: The loan amount of campus network is flexible, which can be adjusted according to students' needs and repayment ability, so that students can choose the appropriate loan amount according to their actual situation. Convenient repayment: the repayment method of campus online loans is usually convenient, and students can repay online, avoiding the cumbersome and inconvenient traditional repayment methods.
Advantages and disadvantages of campus peer-to-peer lending
First, advantages
1, Convenience: Campus online loan platforms usually only need students to provide some basic identity information, without cumbersome procedures and guarantees, making loans more convenient.
2. Quick funds: Campus online loans can provide students with quick financial support and solve students' financial problems in time without long-term waiting and auditing.
3. Flexible amount: The loan amount of campus network is usually flexible, which can be adjusted according to students' needs and repayment ability, so that students can choose the appropriate loan amount according to their actual situation.
Second, shortcomings.
1, high interest rate: some campus online lending platforms have high interest rates, which makes the loan cost higher and increases the repayment pressure of students. Lack of supervision: Due to the lack of supervision of campus online lending platforms, some unhealthy platforms use students' trust to engage in fraud and unfair competition, which brings economic losses and psychological pressure to students.
2. Overconsumption: Campus online loans sometimes stimulate students to over-consume, which makes students easily fall into the consumption trap and increases the repayment pressure and living burden.
3. Information security: Students need to provide some personal information when making campus online loans, which has certain information security risks. Attention should be paid to protecting personal privacy and information security.