"Now the bank's business is difficult and demanding. We can only do mutual gold first. " A collection practitioner told the new financial headlines that the current business recovery rate of mutual funds is very low, mainly due to the influence of regulatory policies. It is worth noting that due to the consideration of cost and difficulty, Jin Mu Platform rarely collects commissions. On the contrary, cash loans have spawned many collection companies.
Return to mutual fund business
Since the birth of credit cards, the collection industry has become more and more popular. With the development of internet finance, the scope of collection business is no longer limited to traditional financial business, but extends to new areas such as consumer finance, online loans and cash loans.
The new financial headlines found that the explosion of business areas also brought about the diversification of recipients. I searched in the business scope part of the enterprise survey with "collection" as the key word, and there were as many as 7674 qualified enterprises. The industrial chain covers the collection of overdue credit users and credit card overdraft users entrusted by banks, payment and settlement of accounts receivable, management and collection, legal consultation and so on.
Statistics show that the scale of the collection market was as high as 3 trillion yuan. However, at present, the fundamentals are not good, the supervision is becoming stricter, and the collection industry is also facing the winter of layoffs. According to the new financial headlines, many collection companies have also returned to mutual funds to take over P2P and cash loans.
"Banks require established companies that have already cooperated to bid once in a year or two. It is difficult to pick up, so they can only do mutual gold first." A collection practitioner revealed to the new financial headline that mutual funds also have outsourcing needs, and naturally there are collection platforms to receive them.
It is worth noting that just last year, when the online loan industry was caught in a thunderstorm, some collection platforms were still jealous of this business. An insider of a third-party collection company once told the new financial headline that the p2p collection business at that time was very cautious and generally did not take the initiative to dock. After all, it will be too difficult to collect online loans. Some borrowers have the psychology of waiting for the platform to close down without repayment. In case the platform is "yellow", even the service fee will not be repaid.
In fact, although the data of China Banking Regulatory Commission shows that in the third quarter of 2065438+2008, the balance of non-performing loans of commercial banks was 2.03 trillion, and the non-performing loan ratio was 1.89%, the huge non-performing assets generated by the banking system were mainly borne by the four major AMCs and several provincial AMCs.
This also means that if you want to take over the banking business, you need to be "connected". "Generally speaking, during the economic downturn, non-performing assets will develop countercyclically, that is, the collection industry will also be hot, but it will also be divided into industries. The Internet finance industry is not as beautiful as expected. " An industry insider said.
The above-mentioned collection practitioners revealed to the new financial headlines that even if they received the mutual gold business, the recovery rate was very low, with a maximum recovery rate of 70% within five days. For example, the trailer business will choose cooperation and find several regional local partners. "Now the trailer price is very high, and we also try to cooperate with the car rental company." Practitioners also said.
Although it is difficult, the mutual gold industry does have a broad market. According to the data of the National Internet Financial Security Technical Expert Committee, the cash loan industry reached a collection amount of 1. 1.4 trillion yuan, with 380 collection platforms and 1.08 million collectors, with an average commission rate of 25.9%.
A cash loan practitioner told the new financial headlines that there are many small cash loan platforms with a scale of around 10 million. They don't need to outsource, but some big cash lending platforms often outsource. "According to the overdue time, the longer the overdue time, the higher the price. Generally, cash loans are overdue within 3 months, and will be outsourced after more than 3 months. "
Some insiders told the new financial headlines that there is a data for cash loans, which can't be urged for a while. Basically, they are all bad debts and will be outsourced. However, if the assets are offline and most of them are borrowed by local people, they may not be used for a while. It is still possible in the future.
While the cash loan industry is still hot, the market size of the online loan industry began to shrink after a period of risk release. According to the data of online loan house, the number of platforms that quit the industry in 20 1279 was 1279, an increase of 556 compared with 20 17. Among them, the number of problem platforms accounts for 5 1.45%, and the amount involved exceeds 1000 billion yuan. By the end of 20 18 and 12, the number of normal operating platforms in P2P online lending industry had dropped to 102 1.
In addition, by the end of 20 18, the annual online loan business volume reached1794805438+0 billion yuan, which was 360 1% lower than the end of 20 17 (2804849 billion yuan).
The industry is sluggish, and the willingness to outsource collection will naturally not be too high. An online loan practitioner told the new financial headlines that outsourcing is generally signed within a certain period of time, and the money returned after the deadline has to be deducted. When the economic environment improves, the money will naturally come back, and it is hard to say that it is the credit of outsourcing collection.
"If you can't get it back at this stage, no one will go. In the end, you basically have to go through the judicial process. It is really not cost-effective to commission 20% to 30%. " The practitioner continued.
Supervision and qualification are under pressure.
The shrinking of the collection industry is also due to regulatory factors. 20 17 12, Notice on Standardizing and Rectifying "Cash Loans" requires that all kinds of institutions or entrusted third-party institutions shall not collect loans by means of violence, intimidation, insult, slander or harassment. For institutions suspected of malicious fraud, violent collection and other serious violations of laws and regulations, the clues will be handed over to the public security organs in time to effectively prevent risks and ensure the overall stability of society.
Subsequently, from 2065438 to March 2008, the China Internet Finance Association held the signing ceremony of the Convention on Self-discipline in the Collection of Overdue Debts in Internet Finance (Trial), which stipulated basic principles such as observing laws and regulations, standardizing prudence, protecting privacy, and being strict and self-disciplined. Employees shall effectively protect the privacy of creditors, debtors and related parties, and shall not illegally disclose important norms such as personal information.
The Convention also stipulates that the collection of overdue debts in Internet finance should strictly abide by relevant national laws and regulations. If the comprehensive capital cost charged to the debtor in the form of interest, liquidated damages and various expenses exceeds the provisions of relevant state laws and regulations, the excess shall not be charged. This also means that according to the provisions of the Supreme Court, the part of the comprehensive capital cost of online loans exceeding 36% shall not be charged.
Then, from 2065438 to May 6, 2008, the CBRC and other four ministries and commissions jointly issued the Notice on Regulating Private Lending to Maintain Economic and Financial Order (hereinafter referred to as the Notice), which will severely crack down on illegal fund-raising and lending, violent collection, usury and disguised usury.
"So now this situation is mainly based on electric reminders, and foreign visits have been useless for a long time." The above collection practitioners said. Some cash loan practitioners also revealed that door-to-door dunning is unrealistic. Some time ago, a collector quickly came to the door and banned this kind of behavior because he gave the customer a photo.
It is reported that at present, the electric reminder is mainly the problem that the collector communicates with the borrower through WeChat, QQ and telephone. If it doesn't work, it will remind the address book of the borrower's relatives and friends. The new financial headlines learned that some collectors' words were indeed abusive.
In addition to regulatory pressure, the collection platform also faces qualification problems. According to the general provisions of the state, all collection companies must have the business scope and business qualification of credit and credit card dunning.
According to media reports, the formal collection company's compliance qualification scope: financial service outsourcing, collection service entrusted by banks for overdue credit users and credit card overdraft users (excluding financial services, the service is carried out by bank entrustment agreement, referred to as "credit collection service") and accounts receivable management outsourcing service are included in the business scope for the first time.
At present, not many companies meet the above conditions.