lead: 0.39% of the bad debt rate is only a rough comparison, even lower than commercial banks. More surprisingly, founder of the nine Betta also said that it is not just a P2P financial platform.
"nine fish" is a P2P lending platform, like many P2P lending platform, the loan for small and medium enterprises and individual investors docking. Provide investors with guarantees and risk reserves to pay for investments.
latest data on the platform, their bad debt rate is only 0.39%. For the moment, regardless of the difference in computing methods between different platforms, only a rough comparison of this figure, lateral view, in many P2P platform, the bad debt rate is very low. Even worse than the bad debt rate of commercial banks.