There are hidden concerns in the rental loan model of Lianzhong Youche;
After Lianzhong Youche repays the loan, you can call Lianzhong Youche 400 customer service: 400-90 16-778 to ask for the settlement materials. The settlement processing time is generally 3-5 working days, and the settlement materials will be mailed about 20 working days after the settlement is successful. If the loan is not settled by Lianzhong Youche, it is necessary to provide the settlement certificate to Lianzhong Youche for confirmation before arranging to send it. Recently, the reporter of China Business News noticed that since 2020, there have been many overdue cases in the rental loan business handled by Lianzhong UCAR in cooperation with traditional banks. Among the 284 lawsuits about Lianzhong Youche published by Tianyancha, except for more than half of the judgments that people's courts think it is not appropriate to publish and withdraw the lawsuit online, most of the other judgments are cases in which Lianzhong Youche and cooperative banks recover the rental loan overdue.
Wang Yabin, a second-hand car dealer, told reporters that if there is a large-scale overdue situation, the rental loan platform will bear a lot of creditor's rights, and if the debt cannot be repaid, there will be a risk of capital chain breakage.
Rent loan "routine"
According to the data of Tianyancha, Lianzhong is affiliated to Lianzhong Financial Leasing (Shanghai) Co., Ltd., and its major shareholder is Shanghai Yang _ Auto Service Co., Ltd., with a registered capital of 50 million US dollars. Li Minghao, the founder of the company, is one of the founders of Murray Financial. On 20 17, Li Minghao led some team members of Murray Car to create Lianzhong Youche. According to people familiar with the matter, the Lianzhong excellent car model is similar to Murray's auto finance. It mainly adopts the mode of direct selling and agency to expand the auto finance business, and the second-hand car finance business accounts for a relatively large proportion.
The reporter noted that since 2020, there have been many overdue cases in the rental loan business handled by Lianzhong UCAR in cooperation with banks.
Take a judgment of Lianzhong Youche from June 5438 to February 2020 as an example. In May, 20 19, the defendant bought a car in Lianzhong Youche, and after Lianzhong Youche invested in the car, it was leased to the defendant for use. Subsequently, Lianzhong UCAR Cooperative Bank applied for a loan for the defendant, which was used to repay the rent payable by the defendant. After that, the defendant signed an Online Personal Loan Contract with the bank, and the loan amount stipulated in the contract was RMB 1 16800 yuan. The defendant provided mortgage guarantee for the above loan with the vehicle he purchased, and registered the mortgage. At the same time, the defendant also insured personal loan guarantee insurance, and the insured was a loan bank. After signing the contract, the bank entrusted the loan to the Lianzhong Youche account. However, the defendant was overdue for three times in September 2065438+2009. According to the previous agreement, the creditor's right of the vehicle was finally transferred to Lianzhong Youche, and the defendant has not repaid it so far.
Huang, founder and CEO of Cheka Research Institute, pointed out that this model is a typical rental loan model. Although it is legal and compliant, it is risky. Previously, this model was adopted in the rental loan of Danke Apartment.
According to Su, an expert in consumer finance, under the rental loan model of Danke apartment, ordinary tenants are exempted from the pressure of paying annual rent; The rental income received by the landlord is higher than the market price; Long-term rental apartment operators get the annual rent at one time; Financial institutions have increased the number of customers and the business volume has greatly increased. However, once the capital chain of the long-term rental apartment is broken and it is impossible to pay the rent to the landlord, the tenant will be driven away by the landlord and continue to repay the loans of financial institutions.
Huang pointed out that the rental loan business in the automobile industry is similar to long-term rental apartments. The core problem is to entrust the lender to put the funds into the automobile industry platform to operate the lease loan business, rather than directly into the customer account.
"The normal capital flow is not that the bank directly gives the rental loan platform, but that the bank gives the money to the customer, and the customer then pays the rental loan platform, because the lender is a customer, not a rental loan platform. However, in practice, the rental loan platform generally requires or induces customers to sign an entrusted payment agreement, and the applicant lender pays the loan funds to the platform. " Huang said:
In this regard, Lianzhong UCAR told reporters that the model of Lianzhong UCAR is essentially different from that of Danke Apartment. As a lessor, Lianzhong UCAR signs a financial lease contract with the customer and actually pays the financing money. The customer undertakes the obligation to repay the lease money, and the purpose of the customer borrowing from the employer is to fulfill the obligation to repay the lease money. During the repayment period, the right to use the leased property has always been in the hands of the customer, so there will be no large-scale overdue problem. The overdue customers of Danke apartment model are mainly due to the change of customers' right to use the leased property.
However, Su believes that the essence of overdue Danke apartment is to misappropriate consumers' advance payment, which has nothing to do with the right to use the leased property.
It is worth noting that from the public judgment of Lianzhong UCAR, after the customer signs the loan contract with the bank, the funds will be directly transferred to Lianzhong UCAR's account.
According to the information in the judgment, the customer's loan was "entrusted to pay" to the Lianzhong Youche account. Chen Ke, deputy director of the Finance and Securities Department of Beijing Changan Law Firm, said that the signing of the entrusted payment agreement between Lianzhong UCAR and its customers was in line with legal procedures.
In the public judgment of Lianzhong UCAR and the bank, most customer loans were "entrusted to pay" to Lianzhong UCAR account. "Not surprisingly, the rental loan model can really work. For the rental loan platform, a large amount of liquidity can be obtained in the short term. " Huang said, "many customers don't know what the entrustment agreement is for, and it may be signed under the guidance of the salesperson's words." Once the platform closes down, on the one hand, customers will continue to repay the investors, on the other hand, they will not be able to handle the relevant procedures and transfer procedures of vehicles after the expiration. Investors will also face, on the one hand, customers may not repay, on the other hand, it is impossible to get the ownership of the vehicle. Because the loan method is a rental loan, the investor has no right to demand the seizure of the vehicle. "