Amount of cash incentive provided to investors as a reduction of revenue.

No definition available.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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The amount of excise and sales taxes included in sales and revenues, which are then deducted as a cost of sales. Includes excise taxes, which are applied to specific types of transactions or items (such as gasoline or alcohol); and sales, use and value added taxes, which are applied to a broad class of revenue-producing transactions involving a wide range of goods and services.

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- Definition

The cumulative amount of the reporting entity's undistributed earnings or deficit.

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- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Disaggregation of revenue (Details) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2018	Apr. 01, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 19,029,760	$ 82,613,764	$ 123,318,661
Tax and surcharges	(228,154)	(773,382)	(890,414)
Cash incentives	(7,366,546)	(20,509,878)	(15,170,406)
NET REVENUES	11,435,060	61,330,504	107,257,841
Cumulative impact on accumulated retained earnings	(1,429,623)	69,768,756
ASU 2014-09 \| Restatement
Disaggregation of Revenue [Line Items]
NET REVENUES		189,686
Cumulative impact on accumulated retained earnings		189,686		$ 189,686
Loan facilitation service
Disaggregation of Revenue [Line Items]
Revenue	3,666,244	66,782,312	117,984,295
Post-origination service
Disaggregation of Revenue [Line Items]
Revenue	7,086,591	11,418,182	4,213,862
Interest income
Disaggregation of Revenue [Line Items]
Revenue	4,511,969	3,552,983	590,122
Recommendation service
Disaggregation of Revenue [Line Items]
Revenue	3,754,738	858,796
Loan management service
Disaggregation of Revenue [Line Items]
Revenue	0	0	508,948
Others
Disaggregation of Revenue [Line Items]
Revenue	$ 10,218	$ 1,491	$ 21,434