Rong Shu Loan is a loan supermarket owned by Bai Rong Yunchuang. The operator is Guangzhou Digital Finance Internet Microfinance Co., Ltd., a wholly-owned subsidiary of Bai Rong Yunchuang Technology Co., Ltd., and the banyan loan page is displayed as "intelligent recommendation" by users, "choose 5 products and easy-to-pay products from 195 products every day".
There are eight products that can be seen on the page of the financial observation group, namely, Hengyi Loan Extreme Edition, Orange Staging, Arbitrary Flowers, Harmonious Loans, Hengyi Loans, Fun Money Flowers, Tight Loans and Wide Loans.
We found that among the above eight products, Hengyi Loan Extreme Edition and Orange Staging can be applied directly on the Banyan Loan page, and other products need to jump to the webpage to open.
By studying the loan agreements of products, we found that many of these products were non-compliant. Take orange staging as an example. The page claims that the rate is 36% per year (the highest interest rate stipulated by the Supreme Law), but in fact, the information service fee and overdue fee will be charged by orange installment.
In addition, the orange installment also clearly stated that "if all the remaining funds are settled in advance, it will be regarded as a breach of contract." The user needs to return all the remaining principal and pay the liquidated damages to Party B, that is, the current interest amount.
In addition, there are as many as 20 cooperation agency authorization agreements disclosed by Orange in installments, including platform service agreement, third-party service agreement, loan contract, entrusted deduction authorization, personal credit authorization of 100 banks, personal credit inquiry authorization of Bohai Trust and agreements of consumer finance companies such as Shengyin Consumer Finance Co., Ltd., that is to say, once users click "agree", personal information will be authorized to the above institutions simultaneously.
Among the collection complaints, there are as many as 600 complaints about orange usury and violent collection. Sina black cat complaint 197. However, orange staging is very tricky, and the book interest rate is stuck at the edge of 36%. On March 28th, some users complained that "the interest of oranges in installments is high, and it is impossible to settle in advance". According to the information provided by the borrower, he borrowed 7000 yuan, which was repaid in 12 installments, and the repayment amount in each installment was 703.23 yuan. IRR calculates the interest rate as 35.9987%, which is stuck at the upper limit of 36%. Similarly, another user who borrows 8,000 yuan and repays 803.46 yuan in each installment, 12 installment is similar, and the IRR card is 35.9408%.
We know that according to the regulatory requirements, the so-called online 36% is the comprehensive actual borrowing cost, and the actual annualized interest rate of oranges has exceeded 36%. The Notice on Standardizing and Rectifying Cash Loan Business (hereinafter referred to as the Notice) clearly requires that "the comprehensive capital cost charged by various institutions to borrowers in the form of interest rates and various fees shall comply with the provisions of the Supreme People's Court on private lending interest rates, and it is forbidden to issue or match loans that violate the relevant interest rate provisions of the law. The comprehensive capital cost charged by various institutions to borrowers should be converted into adult tables, and information such as loan conditions and overdue treatment should be fully disclosed in advance to remind borrowers of relevant risks. "
The Opinions on Handling Criminal Cases of Illegal Lending issued by the Ministry of Finance and the Ministry of Finance set the actual annual interest rate of 36% as the standard of illegal lending.
According to the survey information, the operator of orange staging is Beijing Orange Staging Electronic Merchant Co., Ltd., and the legal representative is Shi Xiaodong. Judging from its own loan qualification, it only invested in a Tianjin Huabei Venture Microfinance Co., Ltd., holding 65,438+00%.
In addition to orange staging, there are similar problems in products such as arbitrary flowers recommended by Banyan Tree Loan. The annualized rate of publicity on the platform is 2.955%, that is, 35.46%. The provider is Harbin Yuanfeng Microfinance Co., Ltd., and the operator is Beihai Haina Baichuan Information Technology Co., Ltd. At the party, some users complained that "any flower charges a high service fee and does not show the contract, asking for a refund of the service fee and adjusting the repayment amount."
The repayment information provided by the user shows that the bill of 199 1.42 yuan includes the service fee of 2 13.5 yuan in addition to the principal and interest.
As for the service fee, supervision has long been banned. The above-mentioned "Notice" mentioned that "the loan business shall not be matched or disguised.
For example, Zaiheng Easy Loan is operated by Wang Jing Zhongchuang Technology Co., Ltd. in Heng Chang, stating the monthly rate 1.88%-2.959%, that is, annualized 22.56%-35.508%. However, on March 30th, some users complained about Hengyi Loan and Banyan Tree Loan, claiming that "the loan of Banyan Tree under Hengyi Loan is 18000 yuan, and the monthly repayment is 1985 yuan, with an amount of 23820 yuan." As you can see, the repayment period of this user is 12. The annualized interest rate calculated by IRR is 55. 1682%.
In addition, there are 40 1 complaints about banyan loans. The platforms involved also include Friendship Loan, Harmony and Water Lotus Gold Bar under Jiayin Jinke.
Although Banyan Tree Loan did not recommend the above products to the author, on the customer service page, Banyan Tree Loan specially set up an automatic reply about the failure of repayment of Shuilian gold bars.
This also confirms from the side that Banyan Tree Loan recommends water lotus gold bars to users, and some users cannot repay normally. Water Lotus Gold Bar (Zhilian (Beijing) Technology Co., Ltd.) filed more than 200 complaints/kloc-0, involving violent collection and usury.
On March 29th, a user complained, "On June 30th, 2009, I recommended a loan for Shuilian Gold Bar, and the loan was repaid in 12 installments. The first three repayments were 1902.32, 1698.5 and 1698.5, and the remaining nine repayments were 920.97, with a total amount of 13588.
05。 I have repaid 10 installment with the amount of11746.11. I have paid off the principal, interest 1746. 1 1 yuan, and I want to pay back the remaining two installments, amounting to 18466. The annualized interest rate calculated by IRR is 60.77%.
Then, as a loan supermarket owned by a big data company, Rongyun and Chuang's Banyan Loan know nothing about the interest rate and collection of its platform? Still knowing that it is not compliant, is it still online to attract borrowers? Where can we claim to be compliant? Borrowers borrow usury through banyan trees. Should Rongdai bear the responsibility?
When talking about the responsibility of the diversion platform, an industry expert said that in the promotion of products such as campus loans and cash loans, the platform should do its duty and not misappropriate illegal products.
Good anti-fraud allows "multiple borrowing"
In addition to diverting water from suspected usury, another major problem of Banyan loans is to allow or even encourage users to "borrow through multiple channels".
As early as the end of 20 17, the regulatory authorities issued the Notice on Standardizing and Rectifying Cash Loan Business, emphasizing that "effective measures should be taken to prevent borrowers from' supporting loans with loans' and' borrowing from multiple sources'.
In the past two years, Baixing Credit Information, led by the central bank, has been committed to further improving the credit information system, opening up information islands and ensuring security in many aspects. As a big data company, Bai Rong Yunchuang is also called anti-fraud assistance on many occasions.
For example, in May last year, Zhang Shaofeng, the founder and CEO of Bai Rongyun, shared "the unity of opposites between consumer financial marketing and risk control" as a mentor, saying that "Bai Rongyun's special list products" Magic Mirror "and" Magic Mirror "rely on the industry's largest anti-fraud alliance to provide financial institutions with" Lai Lai "identity verification for free, so that" Lai Lai "has no hiding place and protects investors.
However, different from Bai Rongyun's external image, Bai Rong's Banyan Tree Loan is using its own platform to provide users with the soil for multi-head lending and cultivate these multi-head lending users. What about anti-fraud? We can't help but ask, who is Bai Rongyun's loan from Chuangrong and Banyan Tree helping? Why have you been doing the above behavior under the eyes of supervision? As the head organization of the industry, shouldn't it become an example of the industry, be strict with itself, strictly abide by the regulatory provisions, and promote the improvement of the credit environment?
Back in the industry, we also know that it is not a matter of one or two days to solve the credit problem. However, if the head office "knowingly commits a crime" for commercial interests and other factors, what basis will there be for cooperation and collaboration within the industry? Where is the future of the industry?
Moreover, Bai Rongyun's problem lies in "being both a goalkeeper and an athlete", not only setting up a loan supermarket, but also setting up a small loan company to do big data risk control. How does Bai Rong balance these orientations?
The financial observation group believes that for Bai Rongyun and Chuang Rongshu Loan, it is necessary to balance business interests and industry ethics, and also pay attention to the long-term impact on the development of the industry. For the benefit of "quenching thirst by drinking poison", the loss outweighs the gain.
* Statement: The Financial Observer Mission published this article to convey more information and does not constitute any suggestions.
Related Questions and Answers: Related Questions and Answers: There are too many credit inquiries. Where can I apply for a loan? The number of credit inquiries increased, but it took a little time. As long as your personal qualifications are fine, it is not impossible to get a loan
Why is it difficult to borrow money when the number of credit inquiries is high?
Now when you go to the bank for a loan, the bank first looks at your personal credit information. If your credit is overdue or you have a bad record, it is basically impossible to get a loan. If there is no problem with your personal credit information, but there are many inquiries, is it possible to get a loan?
Here's a digression. First of all, we must understand what the bank loan is for.
There is no denying that banks lend money to make money. If banks want to make money, they must ensure that the money they lend can be recovered and they can receive certain interest. Under this premise, if there are bad records and overdue people, can the bank safely lend you money? Can the lent money be recovered on time?
At this time there will be a big question mark in the bank. If this risk is not well controlled, bank loans may turn into bad debts, which is also the reason why people with poor credit information will not approve loans.
What if it's just a credit survey? It's just that the number of credit inquiries has increased.
This depends on whether the bank's audit is strict. If your other qualifications are all right, your income is stable, and you don't have too high credit liabilities, most banks are still willing to lend you money just because you have more inquiries.
It should be noted here that ordinary banks only look at the latest inquiry records, while conservative banks look at the inquiry records of the past six months to judge your current capital situation.
For example, you have frequently inquired about personal credit information in the last three months, and the reasons for your inquiry are all about loans, indicating that you need funds in the near future and are very urgent. At the same time, it also shows that other financial institutions have not lent you money. If you had borrowed money, you wouldn't have found this bank now.
As I said just now, if you have good personal qualifications, a house and a car, a stable income and not too much debt. In this case, although it costs a little money to receive credit, most banks are still willing to lend you money.
How long is the inquiry record of personal credit information kept?
It usually takes two years, and then it disappears. In fact, the inquiry records two years ago are basically meaningless. Even for a very strict bank, the most depends on your inquiries in the past two years. After all, two years has been a long time span, and the average bank only needs to look at your situation in the past six months.
Therefore, if there is nothing wrong, it is best not to add query records to your credit information. After all, too much will have an impact.
At present, personal inquiry and post-loan management are not included in the inquiry times. Each person can inquire for free at most twice a year, and there will be a charge for inquiring for more than two times. Post-loan management refers to a routine inquiry every month or every three months after the bank gives you a loan until you settle the loan.