July 15 Morning News, according to people familiar with the matter, Minsheng's Peer-to-peer platform-the people's livelihood easy to borrow has been online recently. The platform does not provide guarantee commitments to investors, financing demand prices are expected to be the annual yield of about 6%. The investment destination mainly concentrates on the Minsheng electric business.
The person said that in the risk control, the people's livelihood easy to borrow the bank wind control mode, the requirement to strictly calculate the fund flow, audit the source of repayment of the project, as well as the investigation of the implementation of collateral, and require all financing projects must have good solvency. In addition, the people's livelihood easy to entrust the third party to pay the company and the bank to manage the investor funds.
The person also said that the Minsheng company did not provide investors with investment guarantee commitments, mainly to take into account the Third-party guarantee companies to guarantee the ability to limit (Third-party guarantee company can only provide the Peer-to-peer platform for the company's capital 10 times times the size of the guarantee) and 2%-5% of the security costs.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.