With the development of the Internet financial sector, individual lending markets have also emerged as a spring, including platforms such as “new and safe loans”. Such a personal lending platform provides an easy and fast way for ordinary people to borrow. But when such platforms are used, we need to be careful to guard against the risks posed by “traps”. Next, we analyse how to expose the pitfalls in the “new and safe loan” in terms of credibility, interest rates, and repayment methods。

How can the new trap of peace be revealed

First, credibility is an important factor in measuring the reliability of a platform. Some of the “new one” platforms are an unlicensed personal website with significant security risks. In selecting, a platform with a good reputation should be chosen for reasonable borrowing. In addition, we can access the Platform ' s credibility information in a variety of ways, including through web-based queries and user evaluations。

Second, interest rates are also crucial for borrowers. Many of the new “new one” platforms, although seemingly low in interest rates, have high service costs and interest rates, which allow borrowers to borrow more money than would otherwise have been repaid. Therefore, we need to read carefully before entering into a contract the various relevant terms and fees and to understand the costs involved. If one of these costs is found to be unreasonable, the loan offer should be cancelled immediately。

Lastly, the way in which payments were made needed to be considered, and there were some irregularities in the “new loan” platform. They threatened borrowers through a myth of arrears, which significantly increased the repayment burden on borrowers. In such cases, I do not recommend contact with such a platform, but rather should report or request inquiries to the relevant authorities in a timely manner. In addition, we must carefully and carefully read the modalities of repayment in the contract text, the date of repayment and the relevant legal provisions before borrowing, so as to avoid the imposition of fines or other irregularities。

In the light of the above, we need to be careful to guard against the risks posed by a “trap” in the use of a personal borrowing platform similar to the “new and safe loan”. Specifically, we can look carefully at the platform ' s credibility, interest rates, repayment modalities, etc. to avoid unnecessary borrowing risks。