Loan is a form of credit activity. Banks or other financial institutions lend currency funds at a certain interest rate and must be returned. Simply put, it is borrowing money that requires interest. And it needs to be returned within a certain period. The objects of loans can be natural persons, legal persons, other economic groups or their agents. People need to evaluate their ability to repay when they take out loans. College students cannot get loans smoothly in legal institutions. Some people will be exposed to campus loans. This article will introduce the drawbacks of college students' campus loans from several aspects. To advise students not to enter the campus loan circle easily.

College students are adults who are just entering adulthood. He is a person with full capacity for civil conduct. But the level of knowledge possessed and that required for jobs in society are not on the same standard. So, the income is not high even for part-time jobs while studying. Unable to repay the principal and interest of the loan. The instability of income also brings certain risks to the loan repayment.

College students who are new to society have less social experience. Their guardianship is weak. On the surface, campus loans are very friendly loans. Low audit standards and quick money. But after the real borrowing, these criminals would double the interest day by day. In the end, a huge amount of unrepayable was proposed to the college students. This will seriously affect the normal learning of college students.

Most of the sources of income for college students are living expenses from their parents. The living expenses of different families are high and low. If some students have comparison psychology, the living expenses cannot meet their needs. Then they may turn to loan sharks to obtain funds. Financial support will shift the focus of learning. This leads to bad habits such as gambling and alcoholism. Serious ones will play truant. This affects the final completion of studies.

Copies of college students’ student ID cards and ID cards will be collected for campus loans. They know the information of college students very well. So, when college students cannot repay, lenders will resort to intimidation, beatings, and threats to harass college students and their families to collect debts violently. This seriously affects the normal life and personal safety of college students.

I have a lot of information about students when I get loans on campus. Such as ID card number, mobile phone number, home address. Criminals are getting this kind of information and selling it. The information of college students is transparent. They are easily harassed by other scam companies and criminals.

Campus loans seem to take money faster and less interest. But only when you step in will you know that it is too late to get out. Campus loans have many drawbacks. If college students really need money, they must use legal institutions and channels to borrow safely.