Is Ctrip's credit loan interest high?

1. High cost of lending channels: As an online travel service platform, Ctrip's lending business is not its main profitable business. Therefore, it is necessary to raise loan funds through external channels, and these channels involve high intermediary fees, which leads to an increase in interest rates.

2. High operating costs: Ctrip, as a large Internet company, has high operating and maintenance costs of the platform and needs to be covered by loan interest rates, which partly leads to higher interest on Ctrip credit loans.