P2p financial products: p2p refers to person-to-person lending. Simply put, the borrower publishes loan information on the Internet platform provided by the third-party intermediary, including the amount, interest, repayment method and repayment period, and invites one or more fund lenders to provide funds. Its characteristic is that it can gather very small funds in society and improve the utilization rate of idle funds in society. Our p2p wealth management products are several times more profitable than banks. Oh, the security is absolutely reliable. Do you want to know about it?
G: Is the interest so high? Don't you have any risks? How to control risks?
P2p Financial Customer Service: Our risk is mainly credit risk, that is, the borrower fails to repay in time. However, we can completely avoid this risk in the actual operation process. The first is preventive measures. First of all, professional and strict credit evaluation is conducted for borrowers, including work and life stability, liquidity income, assets and liabilities, credit history (personal credit evaluation form issued by China Bank) and loan purpose. I won't recommend it to you until I meet the standard. Every borrower's information is transparent to you. The most important thing is to have a real estate mortgage (the pledge rate is 50%, and the house with 1 10,000 can only borrow 500,000). The second is the advance payment mechanism. If the borrower fails to repay the loan in time, we will pay you in advance with the company's own funds when your contract expires. We will get it back, and the overdue penalty interest has nothing to do with you.
peer to peer lending
G: Is this legal? Who will supervise you?
P2p financial customer service: Article 2 1 1 of the Contract Law: "If there is no agreement or unclear agreement in the loan contract between natural persons, it shall be deemed that no interest is paid. If the loan contract between natural persons stipulates the payment of interest, the loan interest rate shall not violate the relevant provisions of the state on limiting the loan interest rate. " At the same time, the Supreme People's Court stipulates that the interest rate of private lending shall not exceed four times (26%) the interest rate of similar loans of banks. If this limit is exceeded, the excess interest will not be protected. Obviously, we are protected by law. Not only is it legal, but it is also supported in policy. Our creditor's rights transfer agreement also clearly indicates the loan interest, which is legally binding. Supervision by CBRC and AIC. (At present, there is no special regulatory agency, but it is actually regulated by all agencies. Securities companies will be supervised by the specialized agency Securities Regulatory Commission only after they come out for a period of time. At present, the country is vigorously promoting this work, and a series of regulatory measures will certainly be introduced soon. )