Savage growth Peer-to-peer, high return with high-risk

According to incomplete statistics, there are 1826 net loan platform in China, there are 186 in Zhejiang. Taizhou is the same, and after the brutal growth of the peer-to-peer, has exposed a lot of problems-

Industry insiders think: To do a good peer-to-peer, one needs credit, another need to supervise

Note

In recent years, the development of internet finance, let people be surprised.

With the popularization of the popular financial and internet culture, all kinds of innovative products and services combined with the network and finance have been deeply rooted.

In Taizhou, there are many examples of financial "bump" on the internet. As a vibrant industry, internet finance in Taizhou this piece of land, not only show a vigorous vitality, but also brought a lot of sensitive topics.

Thus, this newspaper launched the "when the Taizhou financial industry encounter the Internet" series of reports, with realistic vision, just attitude, take you to touch the pulse of the industry, or can you invest in financial management, bring some enlightenment.

20%, or even 50% of the annual yield, 50 yuan can be cast ... 2015, the concept of Peer-to-peer is still hot.

Peer-to-peer, that is, net loans, also known as Peer-to-peer network loans. Peer-to-peer is the abbreviation of English peer to peer, meaning "individual to individual". This originated from the British concept, transplanted to the domestic, but presents another scene: Because of SME financing difficulties, through peer-to-peer borrowing, more for corporate companies.

This brand new market, attracted a large number of gold digger influx, from the net loan Day eye, net loan home two peer-to-peer well-known forum show the data, up to now, the domestic already has 1826 net loan platform, just Zhejiang province, there are more than 186. Last year, the net loan industry investors amounted to 1.16 million people, the borrower has 630,000 people, the cumulative turnover amounted to 252.8 billion yuan.

In recent years, a "runaway tide" began to spread in peer-to-peer industries. This February, Hangzhou peer-to-peer platform Acer Fortune boss "Run", Yuyao City with three platform to stop operation, only last year in the fourth quarter, the province broke out 21 of the use of peer-to-peer illegal fund-raising fraud cases.

The peer-to-peer industry is so noisy that everyone comes for profit, so what are the risks and rules? To this, this reporter did a survey, and interviewed some of the relevant people in the city.

Taizhou Poly-Rong Loan

Taizhou local Peer-to-peer platform, there have been "running" incident.

December 2014, Taizhou, a name for "Gathering and lending" Peer-to-peer company only one months on the line to carry the money "run". The reporter learned that, as the boss fled before the total investment of the platform total of 9070328 yuan, the total backlog of 6477000 yuan, a total of 1719 registered users.

According to investors, when visiting the company found that the façade is very large, people are quite a lot, feel more reliable, and the annual interest rate of 20.9%, than the bank so much higher, put the money into the.

General Peer-to-peer companies, the normal rate of return on investment of about 10%, and the investment project of the financing of the release of the normal range of more than one times more. According to investors, the credit is a well-designed scam. The company's leaders have been urging them to improve their platform and engage in an online campaign, they said.

Results on the first night of the line, the company leader "ran away".

At present, the Taizhou Police has launched an investigation into the case. According to the police to grasp the clues, the operation of the head called Dong Wei, has a criminal record, is a wanted man.

Annual income is a bank several times, peer-to-peer really reliable?

So how do peer-to-peer platforms actually make money?

Not long ago, the reporter on the internet, found a number of Taizhou local Peer-to-peer platform.

In one of the platform's home page, hanging its annual interest rate and the monthly Activity award, from its description, the annual yield is not less than 20%, if the amount of investment 6 months, a year's yield will be more than 30%.

As of March 25, the platform has thousands of registered members, the total amount of transactions billion, has earned tens of millions of income.

In order to find out, the reporter to the identity of investors, dialed the Platform customer Service hotline. When it comes to the issue of capital security, customer service has introduced: "At present, the borrower only through the asset mortgage, can obtain the company to borrow; If the borrower fails to repay the loan in time, the group will perform the repayment obligation. ”

Customer service also mentioned that as a peer-to-peer platform, they earn mainly interest spreads, but also take 10% of the interest of investors as an interest management fee.

The money that the investor throws, lends to who, also has the display on the website. The "Loan Details" section of the website shows that the loans are all mortgage loans. In most projects, borrowings are used for capital turnover, with an average loan amount of more than 5 million yuan; It is noteworthy that there are several projects, the amount of borrowing is large, up to tens of millions of, and its funds for large-scale project construction.

In information disclosure, the reporter saw that each project shows the identity card, mortgage contracts and payment orders and other materials pictures. It is puzzling that important information, such as name, ID number, contact method, has been erased.

In addition, the reporter also found that the platform will be millions of of loans formed by the debt, divided into dozens of yuan form, sold to investors.

Peer-to-peer development is a long way to monitor the industry's voice

The high returns promised by peer-to-peer platforms are inherently risky, and these problems are only the "tip of the iceberg" in the industry.

"is the guarantee real?" Is big business really reliable? The website deletes the related material how to do? "As an academic expert, Taizhou wide

Chen Minju, a professor of university finance, expressed his concern. She said that Peer-to-peer is a private lending, a way of financing, the difference is that the carrier is the Internet, "People always think that the internet can solve everything, however, the authenticity of information, need the endorsement of the government." ”

Chen Minju cited an example: "Under the existing credit system, it is very difficult to borrow face-to-face, let alone through the Internet, to lend money to strangers?" Second, through Peer-to-peer platform financing, often banks do not dare to loan the enterprise, the middle of the risk, the individual how to assess? ”

So, where is the Peer-to-peer route? "The essence of finance is credit, so want to do good peer-to-peer, there are two prerequisites, one is credit, the other is regulation." Of course, credit is the basis, the government should do a good job of the system construction, the introduction of relevant laws and regulations. "Chen Minju Analysis," At present, Peer-to-peer Web site Construction There is no technical barriers, lack of or supervision of the site, people only see the benefits, but did not realize the risks behind. In the face of risk, the benefits are useless! ”

Talking about the prospect of Peer-to-peer future, Chen Minju hopes to introduce a localized regulatory agency, taking the popular mortgage loans on the Internet as an example, to do a good job of registering the mortgage, determining the value of the collateral, and publicizing the information to ensure that the assets that have been used as collateral cannot be used any more.

Thankfully, the Government is already aware of the risks of Peer-to-peer. Lingwenbin, deputy Director of Financial development Department of City Finance office, told reporters that at present the province has issued a "on the acceleration of financial reform and development of a number of views", within the Norms guide the content of private financing. The reporter also learned that Wenzhou also with the help of financial legislation, including the "Wenzhou private financing regulations" and other private financial local laws and regulations, to ensure that Peer-to-peer Field Operation standardization.

Journalist Notes

An industry from the new development to maturity, must experience chaos to order. Hegel's famous saying, "Existence is reasonable", although some extreme, but it is the private demand for financing, only today's peer-to-peer.

Some Peer-to-peer platform, through the transfer of debt to the entity enterprises to finance, to help their working capital, to earn a certain profit, which of course, in line with market economy rules. The platform technique is roughly as follows, first divides the creditor's rights, like cuts the cake, causes the creditor's rights to become small, becomes thin. As a result, ordinary investors also have the ability to buy.

Each time the amount of investment is smaller, but the borrower's repayment capacity, or the most important factor, and each cut, so that the risk assessment of the difficulties of a higher level. There may be more financial innovation in the future, but if you hurry, bad assets will flow to all corners of society. By then, not only will the interests of ordinary investors be impaired, but the entire real economy would be dragged down.

This is similar to the subprime crisis of 2008. From this point of view, Peer-to-peer platform for borrowers to do due diligence in the front-end, on the platform, improve information disclosure, fund supervision mechanism; The terminal evaluates various kinds of financial products, borrows foreign rating models, uses local regulation, perfects risk pricing and standardizes products.