We should strengthen the supervision of small loan companies to avoid the increase of their bad debt rate. During this period, the supervision unit conducted intensive and strict supervision on Internet consumer loans. First of all, lending institutions are prohibited from lending to college students. Secondly, check the loan qualifications of small and medium-sized loan companies, and once they are found to be non-compliant, directly ban their institutions. Some professionals pointed out that this practice is very necessary. Many companies are actually doing usury business under the guise of internet finance. This behavior must stop, and the government should provide more support for the development of small and medium-sized banks.

The core reason for this tightening of supervision is that some lending institutions have excessively lowered interest rates, encouraged over-consumption and over-consumption, and eventually many young people have fallen into it. Moreover, these small lending institutions have irregular operations, weak awareness of risk control and no ability to control debts at all. In the end, it became a violent loan reminder, which damaged consumers' rights and interests and affected their lives.

In fact, this kind of problem can not be solved by one or two rectification. Regulators must formulate a more systematic risk monitoring process to avoid all kinds of chaos in these small lending institutions. The most important thing is to protect consumers' rights and interests and ensure that those who participate in lending are not affected.

References:

Finally, we should continue to strengthen consumer rights protection and consumer education. The recent online banking incident exposed some loopholes in consumer rights protection. Financial institutions should further do a good job in pre-lending investigation, improve the collection management process, and standardize the comprehensive financing costs such as rates and interest rates borne by consumers. In addition, we should strengthen consumer education, especially for those who have concentrated demand for Internet consumer loans, and popularize loan-related policy knowledge online and offline to prevent more consumers from falling into it? Trap? .

In short, it will take a long time to standardize Internet consumer loans. Some rules have been issued before, and it is necessary to observe the implementation of future policies and deal with new problems in time.