P2P "to guarantee the" getting hot

Following the emergence of P2P lending platform more than one runway incident, the security company also suspected the emergence of "running" incident. Although it turns out that the guarantee company is only a part of the top "losing touch," the risks it exposes to the guarantee industry and P2P are not to be underestimated. Interview with reporters from the point of view, to guarantee the P2P platform is an inevitable trend.

Beijing Times reporter Ma Wenting Gao Chen

Guarantee company suspected "running"

Recently, a company called Suncome and a member of the board of directors of Huicong Credit Guarantee Co., Ltd. in Sichuan Province collectively "lost contact". It is understood that the guarantee company has cooperated with the well-known P2P platform Love Investment and Yinke Network.

Yinke Net told Beijing Times reporter, executive vice president of Silver Customer Network Zhang Lele and business, the relevant person in charge of wind control arrived Huitong the first time, after the site inspection learned that Huitong is not running, but individual executives related to individuals involved Economic and legal issues, Huitong's legal person has filed a filing with the local financial bureau. At present, relevant responsible agencies have been involved in the matter.

It is reported that there is only one 500 million bank guarantee in Huiketou and Huitong. Since it was launched in March this year, Huitong guarantees that it does not have any problems with its guarantee ability and the borrower also said it has sufficient ability to continue repaying the borrowed funds. Despite Huitong guarantee that they have the ability to guarantee, but the bank has been in accordance with the plan, to determine that there are 1-2 willing to bear the borrower to assume responsibility for the borrower, the details of the follow-up will be formally announced.

Love Investment responded that the company contacted Huitong as soon as it happened after the incident and confirmed that there are three executives in the company that have been out of business. At present, the business is in a state of stagnation. Although love invests with Huitong, there is no cooperation with Huitong. At present, there is no specific project cooperation and information on Huitong has been deleted from the platform.

Guarantee may not be insurance

P2P network loan platform and guarantee company cooperation has become a common phenomenon in the industry, at present almost all P2P platforms have a guarantee system, but in fact P2P has a variety of forms of guarantee, not all guarantees can be investors 'money'.

According to the Beijing Times reporter learned that the current P2P platform and security companies to carry out financial cooperation mode of guarantee can be divided into two types: First, the platform itself has a guarantee company, the second is to cooperate with third-party guarantee company. A small loan company who has been dealing with the guarantee industry for many years told the Beijing Times that in the first case, it is equivalent to the association mode, and "left hand down the right hand." Since the P2P platform and the guarantee company are one family, investors lend the principal to the borrower through the P2P platform, and the guarantee company guarantees the principal amount in full. Once the platform collapses, or rolls off, the "guarantee letter" becomes a dead letter.

For P2P platforms using third-party guarantee, the so-called third-party guarantee for most platforms is a general liability guarantee. When a default occurs, it will only be paid when it is confirmed that the borrower has no repayment ability at all. Therefore, "Or can not find the borrower and so on, the guarantee company will not pay. Only a handful of platforms use joint and several liability guarantees, the third-party guarantee is the most reliable, once the loan overdue or breach of contract, whether or not to find the borrower, the security company has to pay.

Huiyi, the chief financial officer of Huacuo, said that most P2P platforms have diversified their risks and at the same time, they have introduced guarantee mechanisms to win over investors. This is also an option made in light of China's current investment environment.

Network loan platform for "to guarantee"

It is precisely because the security company does not "insurance", "to be secured" has become the industry trend. Wu Xiaoling, deputy director of the Financial and Economic Committee of the NPC, Tsinghua Wudaokou School of Finance Dean recently said that the security company has hindered the development of P2P industry. Huang Zhen, director of the institute of financial law of the Central University of Finance and Economics, told the Beijing Times reporter that the guarantee for the current online-loan platform has been "virtual" and its regulation should guarantee its effectiveness.

Lu Jin, a leading enterprise in the industry, is brewing "to guarantee". Luk Kwong Suk, the chairman of Luk Jin Suo, disclosed that the bad debt ratio of Luk Jin Ping P2P platform was only 1.5% due to the short duration of business, large amount of loans Not yet completed the payback period, is expected to rise in the future. Correspondingly, the pressure to pay the guarantee company increases. Therefore, Lu Jin proposed "to guarantee the security", June 12 this year, Ping An of China in the General Assembly, Ma Mingzhe made it clear that Lu Jin will be "gradually withdraw the guarantee" in the future will be the establishment of the risk of assets within the establishment of standards Trader's personal credit rating.

Minsheng Electric's peer-to-peer P2P platform - Minsheng easy loans formally launched on Tuesday, and this much-watched platform decided not to provide investors with security commitments. It is understood that people's livelihood easy to choose unwilling to cooperate with third-party guarantee company, mainly because the third-party guarantee company can only provide P2P platform for the company's capital 10 times the size of the guarantee, and many guarantee companies guarantee costs are high, the general Are in 2% ~ 5%, raising the financing costs.

Guo Yuhang, the founder of Dianbing Network, also said: "Nowadays most of the P2P platforms provide the principal guarantee. At present, the transitional measures for investor education are possible. However, in the future, the guarantee must be the development direction of the P2P platform. "