You are here

China's P2P lenders target students

Regulator steps in as big boys pump millions into e-com sites that grant loans to students with no credit history
Tuesday, August 30, 2016 - 05:50


ACROSS college campuses in China, a small army of marketers is recruiting students to borrow money at interest rates many times that charged by the nation's banks.

Those without a credit history or parental approval can borrow money to buy a smartphone, pay for holidays, or

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom