There are many differences between internet small loans and consumer finance. For example, Internet small loans are only products of loan companies and have not been approved by the CBRC, while consumer finance loans must be approved by the CBRC. So if you want to apply for a loan or choose a consumer finance loan, this loan is also a formal loan. Internet small loans are just three products. If you are cheated, you can't find a channel to appeal.
The main difference between internet small loans and consumer finance
Many Internet small loans are online loan products that have not been approved by the China Banking Regulatory Commission, and the platform does not hold a financial license. As a financial institution, consumer finance is generally established with the approval of the CBRC and holds a financial license. It is precisely because of this that consumer finance will be supervised by the local CBRC. As for internet small loans, they are mainly supervised by the local government financial office. It should also be noted that consumer finance is usually direct lending, while most small loans on the Internet are not direct lending, but lending by cooperative lending institutions. Among cooperative lending institutions, there may be consumer finance, and of course there are financial institutions such as banks and microfinance companies.
Which loan method should I choose?
It is suggested that if customers want to borrow money, it is better to choose consumer finance, so that the security of accounts and funds is more secure, instead of casually applying for unknown internet small loans, so as to avoid encountering usury or fraudsters, falling into loan scams and causing personal money losses. Therefore, the security of internet small loans is very low. You may be deceived by the platform and then fill in your personal information, but the platform does not lend money, so your personal information will be leaked. Consumer finance is definitely safe and formal, and will not disclose your information, and will also issue loans on time.
Therefore, it is recommended to apply for a consumer finance loan now, and don't touch the Internet small loan. The foundation of internet small loans is very shallow. If you can't support it, you may run away, so your money is tied up.
What is the difference between consumer finance companies and internet small loan companies?
In fact, consumer finance companies have no objection to microfinance companies in many aspects, and they also provide loans to borrowers. However, many consumer finance companies are funded by commercial banks. Compared with their microfinance companies, it is more credible and more legal and compliant! On the contrary, microfinance companies are uneven and their quality is uneven. Many small loan companies are doing fraud or usury under the formal slogan, so there is a certain gap between the two in essence.
What's the difference between microfinance companies and consumer finance companies?
1, facing different people.
Consumer finance companies are mainly low-and middle-income residents working in cities, and have not opened the financing door to small and medium-sized enterprises and agriculture-related enterprises.
2. The loan scope is different
Compared with consumer finance companies, microfinance companies that have been established in many provinces and cities seem to have a wider loan scope. It is understood that the loan targets of microfinance companies are concentrated in producers and operators engaged in planting (such as vegetable greenhouses), aquaculture, forestry and fruit industry, agricultural and sideline products processing (such as deep processing of corn and preserved fruits) and rural circulation (such as logistics and transportation).
2. The establishment mechanism is different.
Microfinance companies are limited liability companies or joint stock limited companies established by natural persons, corporate legal persons and other social organizations that do not absorb public deposits and operate microfinance business. The operating mechanism of microfinance companies is different from that of commercial banks and rural credit cooperatives.
The registered capital of a small loan company is all paid-in monetary capital, which shall be fully paid by the investor or promoter at one time. Do not raise funds internally and externally, and do not absorb public deposits in any form. The registered capital of a limited liability company is not less than 5 million yuan, and the registered capital of a joint stock limited company is not less than 6.5438+million yuan.
The shares held by individual natural persons, corporate legal persons, other social organizations and their related parties shall not exceed 65,438+00% of the total registered capital of microfinance companies, which are lower than those of consumer finance companies.
Baidu encyclopedia-consumer finance company