Peer-to-peer financing, with high returns as the main attraction, gives investors who are willing to taste the sweetness

Peer-to-peer finance, with its main attractions as a high yield, has tasted good for the adventurous investors, but the exposure to peer-to-peer closures since last October has also left many investors worried about the Peer-to-peer platform. Recently, a number of Peer-to-peer platforms interviewed by reporters in the south have agreed that the tide of Peer-to-peer platform closures will become the norm this year, and investors who are not careful in investing can easily step on landmines.

So facing various types of peer-to-peer platform, investors how to identify the trap of Peer-to-peer platform, the greatest degree to avoid all kinds of risk? This issue, the South reporters in-depth interviews with a number of people in the industry, for you to resolve the Peer-to-peer platform behind the operating costs, tell the high income platform behind the risk. At the same time, from the platform of the problem has been summed up the reasons, teach you how to pass the standard deadline and financing scale and other tips to identify the platform and other problems.

Peer-to-peer investment, the key to platform selection

"Peer-to-peer closures will continue for some time, at least until May this year, when all sorts of running and failing platforms will continue to emerge." "Group Loan Network CEO Tang that, because of cross-border Internet and finance, Peer-to-peer is actually a high threshold industry, but with the development of the industry, Peer-to-peer platform industry chain more and more perfect, there have been some dedicated Peer-to-peer platform operation companies, can help investors interested in peer-to-peer operation, But if the third party platform does not have the core technology, but also does not understand the wind control and the financial logic, certainly is not good, will soon expose the risk. NET Loan Home CEO Xu Hongwei that, because the industry is still in the regulatory gap, this year's Peer-to-peer platform failure will even show the characteristics of the conventional.

"Some third-party companies will also help Peer-to-peer platform use of the Navy to promote Peer-to-peer platform, will be misleading investors." "Tang pointed out that in some web forums, some investors named investors in the investment strategy, in fact, the Navy's" works ", often caused greater interference to investors.

"Peer-to-peer is not an investment, but how to choose a good platform for investors is a problem." "A joint-stock Bank private Bank financial manager told South all reporters, the current domestic investors can choose a few channels of financial management, from the earnings perspective, peer-to-peer attractive, but in the case of uneven platform, ordinary investors can not avoid various risks, platform selection is a Peer-to-peer platform investment is the most critical issue."

So how do investors choose a platform? South reporters through a variety of interviews, for you to sum up the following strokes, teach you how to circumvent the problem platform.

The annual rate of return is over 24% to avoid

High yield and high risk are known as iron laws. However, in the face of the generally high benefits of Peer-to-peer platforms, many investors have left behind this basic investment rule. Everyone Enrichment media director Liu Xia Wind to south all reporters that many peer-to-peer investors in the selection of the object, often only stare at the "annual rate of return." "Behind high returns, it's not pie, it's just a trap," he cautions. ”

It is reported that last year, Peer-to-peer Network loan third party platform "net loan House" has issued a notice that the comprehensive annual rate of more than 60% of the subject will be blocked. From this, it can be seen that some of the P 2P platform in the market to absorb the high yield of funds is a raspberry.

Then how to determine the risk of the subject by the annual rate of return? "The annual return of more than 24% to avoid as far as possible." "Liu Xia said the margin of financing companies is difficult to cover such financing costs." At present, the general formal private small loan company financing cost is monthly 2%, if the Peer-to-peer network loan platform for the annual return rate of more than 24% to be cautious; if more than 24% also have a "high" bid, corporate profit margins are unlikely to be covered.

In this respect, Tang expressed recognition. In his view, enterprises in order to deal with short-term 10 days or one months of short-term capital turnover, it is possible to pay more than 24% of the cost of capital, but if the long-term limit of more than 24% of the object, it will exceed the company's profit coverage, greater risk.

However, Tang that, in normal terms, a one-year interest rate of 15% per cent is reasonable, if the interest rate is too low, such as 6% to 8%, that means that the borrower's route is still "eat spreads." He points out that there is a general belief that manufacturing margins are only 8%~10%, but in practice the profit margin generally refers to 8% to 10% of gross output or total sales. And if the amount of input and profit ratio to calculate the profitability of an enterprise, enterprises can bear the cost should be 15%~20%.

For this view, Ningxiaoyan, executive director of the integrated Finance group, disagrees. "More than 20% of the risks are enormous, unsustainable, and more than 12% also have great challenges." "Ningxiaoyan for the South reporters calculate a ledger, in the secured access platform, the annual return rate of 12% basis, but also to pay 3%~4% guarantee fee." In addition, the regular platform currently in personnel wages, equipment input of at least millions of annually, the annual cost is probably in 3%~4%, at the same time need to extract the total financing 1%~5% risk reserves. "With such a few accounts added, if the annual yield of more than 12%, then for the enterprise, financing costs will be more than 20%." "Ningxiaoyan that the cost of such financing, small micro-enterprises profit margins difficult to cover."

"Peer-to-peer has just sprung up, and it's only a high income that attracts money from the channel, but that's not the usual way." Ningxiaoyan that, as investors mature, peer-to-peer financial returns will return to less than 10%.

High returns and high risk, does that mean that low yields are not risky? In this respect, Liu Xia wind does not agree. He points out that, as investors return to rationality, some platforms will also induce investors to show low risk with low returns, in fact, some of the lower-yielding target, the risk is also very large.

The key to the new platform to see wind control experience

"The management team needs to be inspected, and it must be a professional team." Ningxiaoyan reporters said that the more open management team information, the higher the team professionalism, the general risk is small. Xu Jianwen also said that the platform's team is best to have a certain background, such as financial practitioners, risk control experience is the key to test a platform.

Liu Xia Wind suggests that before investing, seriously study whether the entrepreneurial team has financial industry experience, offline small loan experience. He cautioned that the information could not be obtained from the company's official website alone, but would not be too superstitious about "advertising".

In addition, interviews with several interviewees pointed out that, at present, the failure of the platform has a more similar feature is generally online soon. NET loan home C E O points out that the collapse of the platform is generally around 3 months, such platforms just completed a process of gold absorption. Liu Xia Wind also said that the common characteristics of the accident platform is the operation of the basic time is not more than half a year. According to its introduction, "Fu Xiang Venture" set up less than 3 days that closed, refreshed Peer-to-peer network loan platform "running history." Last October 15, just online loan platform (Fujian) opened less than 3 days, "Xu" Boss will run away. Later, the industry found that the platform has no customer service, all transactions by "Xu Total" a person completed, even the most basic office is not rented.

[SEC Standard]

Very risky, like a Ponzi scheme.

Investors who are already familiar with Peer-to-peer finance know the "second standard". But industry insiders cautioned that the "second bid" risk is very large.

Liu Xia Wind introduced, "Fu Xiang Venture" set up less than 3 days that the collapse of the pure liar platform, and its means of attracting funds is mainly in the super big seconds to attract recharge.

It is reported that the so-called "second standard" is a Peer-to-peer network loan platform to attract the high yield, the short term of the loan, usually the website fictitious a loan, by the investor bid and money, the website after the full mark soon even this with interest repayment. The network gathered a group of investors, known as "second Guest".

"The second sign of some Peer-to-peer network lending platform may be a Ponzi scheme that gives investors the bait to use new investors ' money to pay interest and short-term returns to old investors, creating the illusion of making money, and thus defrauding more investment." Xu Jianwen said, "second standard" is actually a peer-to-peer Web site fictitious loans, there is no real borrowers, the site through the "second bid" to send interest to attract attention, improve visibility.

[How to identify two types of problem platforms]

"The platform of the accident most is the self melt platform, and there is the problem of dismantling the standard, the fund mismatch." "A Peer-to-peer website in Guangzhou," said reporters to the south, such platforms accounted for more than 80% of the accident platform. Xu Hongwei also pointed out that there is a common feature of the accident platform is self-melting, dismantling the standard, the money is not standardized operation, is actually a false peer-to-peer platform. So how do you identify these two types of platforms?

Large amount, short term caution is a self-melting platform

Xu Hongwei that the characteristics of the self-integration platform is not many borrowers, the amount of a single borrower is very high, usually several accounts are constantly circulating.

In this regard, Xu Jianwen that a single financing project a large platform also needs to be vigilant is a self-financial platform. "If you need to finance 3 million, these customers can generally borrow in the bank, but he did not go to the bank to borrow, but to borrow, to explain that these customers are poor texture." ”

In addition, Xu Jianwen also pointed out that the general project of the self-financing project for a long period of one months, short more than 10 days. At the same time, financing companies set up a relatively short period, generally in 3 months or so, a small number within six months. Xu Jianwen suggested that if the rate of return is extremely high, the return is generally more than 30%, at the same time the platform transparency is very low, investors difficult to judge the project situation, we should be vigilant is a self-financial platform.

Xu Hongwei, however, advises investors to conduct field trips if they have conditions. "Look at the flow of money and see if the money actually arrives at the borrower's hands." "He pointed out that some platforms do not standardize, in the mind of ghosts, they will refuse to investigate the investors."

The size of funds, the term is similar to the possibility of a large

It is reported that some platforms will be through the dismantling of the standard, the use of the time mismatch of the pool of funds to operate, and this is often a greater risk.

And for the problem through the bid, Xu Hongwei said, first look at the platform of the site on the financing of the deadline. "If the loan period is uniform one months, although not hundred percent judgment, but according to the normal, this certainly has the condition of the deadline mismatch." He points out that financiers cannot be your borrowers for one months.

Xu Jianwen also said that a platform for its projects are one months of the project, it must be the risk of the split. Generally speaking, borrowing should be short term, have long term, impossible to be consistent. In addition, he points out, if many borrowers on the platform, the size of the funds are the same, then the likelihood of camouflage is also very large.