It is a formal P2P company, and the loan contracts signed are protected by law. However, their interest rates are higher than those of banks. If you cannot get a bank loan, you can find a loan from this type of company.

If you want a loan, you should choose a bank loan if possible. If you do not meet the bank's loan conditions and choose private lending, you should go to a regular credit company, guarantee company or small loan company to negotiate the loan on the spot. Do not blindly trust mobile phone or Internet information to prevent being deceived and causing financial losses to yourself. losses.

I don’t know much about the company you mentioned, but here I can remind you of the issues you should pay attention to when making small loans:

(1) When choosing a small loan company, It is necessary to verify the company's business license, whether it has an "opening approval" from the Finance Office, and confirm whether it is a legally established company.

(2) When signing an agreement with a small loan company, be sure to review whether the content of the agreement signed between the two parties violates the provisions of the law. The interest rate of formal loan companies will not exceed 4 times the central bank's benchmark interest rate for the same period.

(3) Generally, regular loan companies will not charge additional fees before the loan is approved.

If the company you mentioned meets the above conditions, it is basically a regular loan company. It is also recommended that if your loan is successful, you should repay each installment on time, avoid overdue payments, and maintain good credit.

The types of credit risks can be generally divided into two categories: market risks and non-market risks. Market risks mainly come from the production and sales risks of the enterprise (borrower) (that is, the risks caused by changes in market conditions and production technology and other factors during the production and sales process of the borrower's goods; non-market risks mainly refer to natural and social risks). Risk. Natural risk refers to the risk that the borrower will suffer economic losses and be unable to repay the credit principal and interest due to natural factors; social risk refers to the risk caused by the behavior of individuals or groups in society.

2. Commercial banks. The prevention of credit risks mainly focuses on the prevention of bad loans. There is a famous saying in the credit manual of the Industrial and Commercial Bank of China: "No matter how high the interest we charge, it is difficult to make up for the loss of credit principal!" China fully implemented the five-level credit classification system in 2002. , this system divides bank credit assets into five categories according to the degree of credit risk: normal, special mention, substandard, doubtful, and loss. Bad credit mainly refers to substandard, doubtful, and loss credit. Affected by uncertain factors, in the bank's operation and management process, the actual income results deviate from the expected income targets, and there is the possibility of asset losses. Credit risk refers to the failure of the borrowing enterprise to repay the credit principal and interest on time due to various reasons. The possibility of bank funds suffering losses. Credit business accounts for a large proportion of bank credit business. Credit has the characteristics of high risks and outstanding returns, so it is of great significance to the operation of the entire bank.

3. Generally speaking, credit risks of commercial banks have the following characteristics:

(1) Objectivity

As long as there are credit activities, credit risks will not depend on human will. It exists objectively for the purpose of transfer. To be precise, risk-free credit activities do not exist in actual banking work.

(2) Concealment

The uncertainty of credit itself.

(3) Diffusion

The loss of bank funds caused by the occurrence of credit risk not only affects the bank itself. Survival and development are more related to chain reactions.

(4) Controllability

It means that banks can identify and predict risks in advance according to certain methods and systems. , prevent during the incident and resolve afterward.