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Qifang – p2p lending to Chinese students

February 15, 2008March 25, 2008 wiseclerk 1 Comment

In a Techcrunch interview the concept of chinese startup Qifang.cn is explained. To deal with the problem that there usually are no credit histories available in China, Qifang will partner with the schools directly to let them verify the informations. Loan payments will be made directly to the educational institutions instead of the students

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