Soundbites

I paid attention to on-campus internet loans for the first time after reading reports about female university students being blackmailed into repaying debts after the loan company threatened to release nude photos of them. Although the students' rights were violated, I still think they should be responsible for their actions. After all, they are adults. Meanwhile, I don't think the loans are a bad thing. The important thing is to have a sense of propriety when applying for them and using them. I dislike borrowing money. I don't like to feel that I owe people anything, so I wouldn't take out a loan to buy a smartphone, cosmetics or clothes. Maybe I would apply for one if I wanted to improve myself, such as studying abroad or learning a language, something worthwhile. If someone is desperate to have something, they should earn the money to pay for it.

Huo Jiayi, 22, a postgraduate at Peking University in Beijing

I know that peer-to-peer lending targets students, and I have mixed feelings about it. Nowadays, the interest rates on many loans are close to usury, which is illegal. The system is a double-edged sword. It brings students into the financial market and builds their concept of consumption, but it can also lead to tragedy if they have little awareness of self protection, finance or have an unhealthy view of consumption. It's necessary for colleges to alert students when they apply for such loans because some of them are not truly adult and they ignore the question of whether some trends are really necessary or appropriate.