Shenzhen Financial Office conducted a research on the network loan industry

Absrtact: In the first half of this year, Shenzhen Financial office conducted a research on the network loan industry. November 5, Guangdong Provincial Finance office in the Guangdong provincial government compound also convened a meeting, research and submitted a report. This is the main understanding of the Guangdong Peer-to-peer Network Loan Fund operation and Development situation

In the first half of this year, the Shenzhen Financial office conducted a research on the network loan industry. November 5, Guangdong Provincial Finance office in the Guangdong provincial government compound also convened a meeting, research and submitted a report. This time, the main understanding of the Guangdong Peer-to-peer Network Loan Fund operation and Development. "People familiar with the network loan industry said that the Bank of Shenzhen Central Branch, Beijing University and other institutions have carried out the research related to the network loan industry, but the Saturday Network loan Industry Summit is the industry self-discipline development of helplessness."

"Without a regulatory body, we can only hold a group of development." Xu Hongwei, the head of the third-party agency net loan, said that only 1.25% of the net-loan platform was in charge of the meeting, and that the current self-regulatory development was only the first step.

Small scope self-discipline Action

In the first half of this year, the Shenzhen Financial office conducted a research on the network loan industry. November 5, Guangdong Provincial Finance office in the Guangdong provincial government compound also convened a meeting, also investigated and submitted a report. This time the main understanding of Guangdong Province p 2P Network Loan Fund operation and Development. "People familiar with the network loan industry said that the Bank of Shenzhen Central Branch, Beijing University and other institutions have to carry out the research related to the network loan industry."

In all kinds of research and actively carried out at the same time, the net loan industry in charge of the unit has been slow to appear. Lu Jin, who suspended business as early as this September, claimed to be in line with regulation. The latest news from the bank revealed that the Lu Jin will resume operation in December, but the regulation has been slow to progress. "The subsidiaries of Ping An group are regulated by the CBRC and the CIRC, but what about Lu Jin?" Lu Jin wanted a licence from the regulator, but now it seems to have failed. "The source said.

Shareholders have a strong background of the Lu Jin has not been recognized as an identity, a large number of shareholders relatively weak network loan platform is difficult to obtain licences. "We can only independently carry out the industry self-discipline, group development." "Everyone enrichment general manager Xu Jianwen to south all reporters, he participated in the Saturday in Shenzhen, held in the Network Loan industry summit, but also verbal commitment to all matters, hope that the entire industry holding regiment forward."

As one of the organizers of the net loan, the head of the Xu Hongwei revealed that this is only the first meeting of the head of the network loan platform, previously, due to industry competition and other factors, the major platform leaders do not contact each other. "It was the first time to sit down and have a good talk. ”

According to Xu Hongwei, the platform signed the industry "self-regulatory Convention", the main content includes not misappropriation of investors deposit funds, the promise of not false loans, accept external personnel supervision, make real margin system, at the same time, stressed the "do not deposit, do not lend" the basic principle.

Media sources in Shenzhen said only 50 people had participated in the meeting on the day of Saturday. Xu Hongwei said that there are 25 network loan platforms willing to make the above commitments. However, it accounts for only 1 25% of the country's more than 2000 net-loan platforms. Xu Hongwei revealed that the meeting only for the pure online platform, that is, the transaction process is completed in the network platform. "Part of the offline business platform is not within the scope of the meeting. ”

In fact, both the market and the media believe that the Saturday is a good signal of self-regulation and wind-control behavior in the online lending industry. However, Xu Hongwei and many network loan platform Personage reveals, this is a small scope "self-discipline action".

Regulatory challenges

South reporters yesterday learned that in the "self-regulatory action", the concern is "not deposit, do not lend", and this is the key to risk control of the network loan platform.

According to insiders, some investors recently to the Guangdong Provincial Financial office, Guangzhou Financial office and the Guangdong Provincial Micro-loan association complained Sheng online, suspected of false lending problems. Earlier media exposure Sheng executives on the platform have borrowed many times.

South reporters learned that this problem is often a large third-party payment agencies have been reluctant to work with Peer-to-peer Network loan platform for the original. A nationally renowned third party payment company said yesterday that its audit of the partners will be examined, including the legal representative ID card and bank account license, business license, loan qualification and other routine audit, but also the access to the Peer-to-peer business model to conduct a rigorous assessment, Peer-to-peer platform itself can not participate in borrowing or lending inside, can only provide platform services.

"This avoids the problem that the P 2P Merchant is operating on its own, which affects the system concentration risk of the whole platform debit." "The third party payer disclosed that there is a professional wind control department and risk screening mechanism to ensure access to merchants and users of the funds security."

In the specific operation process, once the occurrence may endanger the investor security situation, according to the cooperation Agreement, may temporarily freeze the Peer-to-peer website account, and the first time reports to the public security organ and the related department.

However, in the case of the discovery of fraudulent borrowings and the participation of people in the Platform for Lending and lending, the third party payer said this was the responsibility of the Peer-to-peer Network loan platform itself. And another national large third-party payment company, said, currently because of the cooperation of Peer-to-peer Network loan platform number only one or two, inconvenient to comment on this. One person who has paid for a job in a third party has disclosed that such supervision is more difficult, "the personnel of the Net loan platform can register autonomously, the audit will generally pass." ”

"We will be strict with the staff to not participate in the loan." But if there is a need, if the employee account has 100,000 yuan, we allow him to borrow sixty thousand or seventy thousand Yuan. "Everyone enrichment general manager Xu Jianwen said.

Industry cohabitation

Another let the network loan industry quite headache problem, is the current industry cohabitation, industry data authenticity and normative is not strong.

Xu Hongwei said, the current network loan supervision is difficult, is mainly the threshold entry is too low, 100,000 yuan can be registered net loan website. Due to lack of supervision, the industry entry threshold, each platform registered capital and management team situation mixed. At the same time, capital access, project settlement, bad debt rate and other data can not be monitored in all directions.

"At present the industry non-performing rate overall is 3%, most platform is about 2%." In fact, the industry as a whole does not have a unified set of data statistics methods. Some platforms take 10 days as the payment period, and some 30 days as the payment period. Xu Hongwei said that the bad debt rate is very different and does not reflect the basic situation of the industry. "The payment period is different, the bad debt rate of the algorithm difference is very big." As a result, some bad debt rate reached 10%. ”

At the same time, the calculation of the borrowing interest rate is also biased. "As long as it does not exceed the legal fixed Bank Rate of 4 times times the same period is the legal interest rate range." Some borrowers issued game labels, 5% and 6% of low interest rates, once pulled down the net loan platform interest rate level. But from the calculation method, according to the weighted average number, the difference between the platform is larger. Some up to 30%, some only 10% up and down. Hu Jianwen also said that the interest rate for everyone is not high, mainly for customers 20 to 300,000 yuan financing limit.

South all reporters learned that there are some network loan platform to obtain the Banking Regulatory Commission's relevant licences and hope to be included in the credit system statistics, but because of customer quality problems, this is a major problem.

Guangdong related sources, the Village bank has not yet access to the People's Bank of China large small payment settlement system, and account management system, anti-money laundering system, Credit Inquiry system, personal information system and other ancillary systems are not open. The credit situation in the small loan industry has been handed over to Beijing, but there is still no feedback.

Three sins of "false bid" in net loan

Ultra short, million, the use of virtual, with the net loan platform recently collective self-discipline, false mark or is expected to be forcefully curb

Focus on network loans

"False bid" in the net loan industry refers to the false borrower. At present in the network loan platform can only be in doubt state, can not provide direct evidence. "The head of the third party agency net loan said to south all reporters. As a result, the person in charge reminded investors to be wary of short-term, large amounts of borrowed money, and to be particularly concerned about the problems of borrowing use, and to avoid stepping on minefields. At the same time, according to South reporters understand that, with the network loan Platform collective self-discipline, related to "refuse false borrowing", "do not deposit, do not lend" and other requirements set up, the network loan industry "false mark" phenomenon is expected to be forcefully curbed.

"Shadow" borrowers.

Recently, investors to the Guangdong Provincial Finance office, Guangzhou financial office, Guangdong Micro-loan industry association complained about Guangdong Large network loan platform Sheng Online, one of the problems is the suspicion of the existence of false mark. A Guangzhou investor said he had asked to meet the borrower of the project, but was rejected by the platform. "It makes me wonder if the investor exists. ”

With the "borrowing" program for top-level participation in the online loan project, there are people in the line who say this is not uncommon. "False bid" in the net loan industry refers to the false borrower. In the Saturday Shenzhen Industry Summit, 25 net-loan companies have verbally negotiated commitments to refuse false loans. "One of the organizers of the industry summit," said Xu Hongwei, the owner of the net loan, "false mark" phenomenon is the current situation in the industry, but with the industry "do not deposit, do not lend" self-discipline measures out, the industry's standard of authenticity will increase.

Beware of ultra-short and millions of borrowings

Everyone enrichment general manager Xu Jianwen revealed that the hope can set up a third party's fund supervision platform, the fund account and the true and false investigation of capital projects. But similar regulators have not been built so far.

According to the introduction, some sites such as everyone's enrichment, will be the customer's relevant information, such as customer photos, specific loan information published on the website. In order to keep confidential the customer information, a part of the name, the identity card of the individual number of technical concealment. This protects the borrower's authenticity, Xu Jianwen said. And everyone's enrichment platform will require the borrower to provide company telephone, and the borrower's unit or friends to communicate.

By virtue of the net loan understanding, Xu Jianwen revealed that there are two kinds of situations have "false mark" suspicion. "One situation is ultra short-term financing, such as three days five days, half a month of financing, there may be false target." The other is that the amount of borrowing is particularly high, such as borrowing at more than 1 million yuan, are worthy of concern. ”

Identify the purpose of borrowing

South all reporters had previously interviewed a good said "play turn" more than 50 network loan platform, the "false standard" is very vague, in the platform for a long time, will be aware. Xu Hongwei, the head of the third party agency net loan, said that the Peer-to-peer network lending platform was responsible for previous work experience and expertise in determining the site's propensity to borrow items. According to its introduction, "to 808 for example, the shareholder is engaged in real estate, so the project are real estate mortgage category, Red Ridge Venture, the line under the small micro-enterprises, often issued quickly borrow the standard." "Because the net loan platform's target investor subdivides the bigger, the different platform project adapts the different investor."

Yin Fei, founder of the loan network, revealed that he would be able to identify the authenticity of the loan through experience. For example, the use of borrowed money is used to buy raw materials or for production, the borrower disclosed that the specific profit margin is consistent with the general requirements of the industry, whether it violates the laws of the industry, if there is a breach, it is considered false.

[Investment Tips]

Network Credit and false identification

1, the borrower information, its own location, engaged in the industry has been introduced.

2, whether there is a clear borrowing purposes, such as the purchase of production materials.

3, for the provision of information, the use of online search information or offline telephone or on-site visits.

3, some is the website for the protection of the borrower information, hidden information of the borrowing target. Can communicate with the platform staff, understand the situation, the borrower's description is flawed.

4, there is no such information of the borrowing of the issuance cycle and the number is more, if many also need to cause vigilance.

[Side Report]

Year-End marked or reduced

In the Saturday industry summit, the relevant industry sources revealed that the end of the platform to display measures to strictly review the loan project. It is reported that the Red Ridge Venture said the recent reduction in the number of loans, as long as the loan before December 31 is not paid off. E-speed loans also agreed. At the same time, accommodation easy to lend is revealed that the current business smooth, strict audit, leave room. While the platform tightened lending approvals, many net lenders said they would be more cautious in bidding and control the number of bids due to factors such as year-end funding requirements and risk prevention.