Reasons for non-performing loans
(1) Due to the influence of social financing structure, the proportion of indirect financing in China is relatively large, and enterprises generally lack their own funds, which will inevitably affect the non-performing assets of banks. Traditionally, China's financing pattern is dominated by commercial banks, and the development of capital market is relatively backward, which makes the credit risk of the whole society accumulate in commercial banks. However, the reform of the operating mechanism of state-owned enterprises in China has not been well solved, and the benefits of enterprises are not good, and they cannot repay a large number of loans from banks, which is an important factor in the production of non-performing assets of commercial banks in China.
(2) The influence of macroeconomic system. For a long time, China's economic growth is mainly an extensive business model led by the government. State-owned banks issue loans according to the instructions of the government. After the economic transition, most of the costs of the reform were borne by banks, resulting in most non-performing assets.
(3) Before the establishment of policy banks, the state issued loans according to the needs of macroeconomic development, which is called policy loans. Most of these loans later became non-performing loans of banks.
(4) The social credit environment is not good, and a good credit culture has not been formed. The emergence of the "triangle debt" problem is a good example. Some enterprises have no incentive to repay bank loans, relevant laws and regulations have not been well implemented, and social credit has problems.
(5) In addition, commercial banks also have some problems, such as the corporate governance structure is not established, the operating mechanism is not perfect, the management is backward, and the quality of personnel is not high, which all affect the improvement of bank assets quality. At the same time, the lack of supervision of commercial banks is also one of the influencing factors.
Harmfulness of non-performing loans
According to Japan's experience, China's economy is also dragged down by non-performing loans like Japan. More and more people have seen the harmfulness of non-performing assets.
1. The non-performing loan ratio is high, and the biggest harm is to affect the ability of banks to support the economy. Banks in China are extremely cautious about lending, because there are too many non-performing loans, which affect their lending ability.
2. If the problem of non-performing loans is solved by issuing base currency, it will easily lead to inflation. If we take it lightly, a large number of non-performing loans will also induce social moral hazard. If we strengthen the efforts to deal with non-performing loans, it may lead to chain bankruptcy of enterprises and increase financial risks and social crises.
Non-performing loan solution
1. Strengthen the business supervision of financial enterprises, ensure the quality of each loan in the future, and prevent new non-performing loans.
2. Intensify the reform of China's enterprise system and strengthen enterprise management and competition mechanism.
3. Appropriately adopt an expansionary monetary policy, and give blood transfusion to some saved enterprises to bring them back to life.
4. Issue base currency to dilute non-performing loans.
The third and fourth methods are to increase the money supply and offset non-performing loans through moderate inflation, thus invigorating China's economy and increasing its vitality.
Types of non-performing loans
overdue loans
Refers to overdue (including overdue) loans that cannot be repaid (excluding sluggish loans and bad loans).
dead loan
Refers to loans that are overdue (including due after extension) for more than 2 years (including 2 years) and cannot be repaid. Although it is not due or overdue for less than 2 years, it has been produced.
ICBC released a quarterly report, and the non-performing loan ratio dropped to 3.6%.
Loans (excluding non-performing loans) whose business has stopped and whose projects have stopped construction.
bad debt or loan
Refers to the loan that the borrower and guarantor fail to pay off after being declared bankrupt according to law; According to "General Principles of Civil Law of People's Republic of China (PRC)" and "General Principles of Civil Law", loans that cannot be paid off after the borrower dies or is declared missing or dead; Due to major natural disasters or accidents, the borrower is really unable to repay part or all of the loans with huge losses, or the loans that cannot be repaid after insurance settlement; The lender's proceeds from disposing the loan collateral according to law are not enough to offset the collateral; Loan projects approved for write-off by the State Council.
Examples of non-performing loans
The bad debts of enterprises due to non-performing loans always make banks panic. In order to prevent more loans from being counted as bad debts, resulting in a decline in profits, some banks have racked their brains and started to play the "big turntable" of bad debts. A branch of a commercial bank is troubled by a 500 million yuan real estate development loan. After the loan was opened, the developer's sales situation was very poor, which made it difficult to withdraw funds and failed to repay the bank loan on time.
According to the five-level classification of bank loans, this loan has been included in the five-level classification of concern loans since the interest default. Now, this loan will be reduced to non-performing loans. Once it falls into the bad category, the pressure on branches can be imagined. The president and relevant responsible persons will certainly be held accountable, and the whole branch will also be severely criticized. Therefore, the branch tried every means to find a "big turntable" for this non-performing loan.
Soon after, an asset management company learned about it. As the end of the year approaches, all banks try their best to reduce non-performing loans. After the loan becomes a non-performing loan, the bank will let the asset management company buy it, so that the non-performing loan will "disappear" in the financial statements.
The gymnastics method is: the bank signs the creditor's rights transfer contract with the asset management company, and the bank sells the loan; The asset management company signed a debt restructuring contract with the developer, and the asset management company granted credit to the developer in the form of entrusted loans through its subsidiaries, with an annual interest rate of 20%, allowing the developer to repay the bank loan, but the money was directly allocated to the bank, not handled by the developer. Of course, asset management companies will not trade at a loss. On the one hand, we get a loan with the benchmark interest rate falling 10% from the bank, and on the other hand, we lend the funds to the developer to get a yield of more than double the benchmark interest rate.
It can be seen that loans transferred from banks to asset management companies can make a lot of money from them. With the same loan of 500 million yuan, the annual interest rate of the bank is 7%, but after being transferred to an asset management company, the interest rate is as high as 20%, which has more than doubled. The financial pressure of developers can be imagined.
In the face of strong banks, real estate developers can only cooperate, because once they enter the "blacklist" of bank credit, all financing channels will basically be closed. Faced with the almost harsh loan conditions of asset management companies, the losers in the "big turntable" can only continue to play.
Professionals in the industry pointed out that although banks sell loans in this way to cover up the risk of bad debts, which helps to make the quality of assets look "clean and clear", it is essentially a financial system that transfers risks from banks to "shadow banks" such as trust companies and asset management companies.
What are the consequences of overdue online loans?
The consequences of overdue online loans are as follows:
1. If the lending institution or bank fails to perform the judgment within the performance period after winning the case, it will apply for enforcement.
2. When compulsory execution is accepted, the lender's property, vehicles, securities and deposits will be inquired according to law.
3. If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.
Peer-to-peer lending includes personal peer-to-peer lending (P2P peer-to-peer lending) and network.
Four Pits of Bad Credit on the Internet
The four pits of bad online loans are online loans, guarantees, real estate loans and car loans. With more and more people handling online loans, criminals have also seen new opportunities. In the name of online lending, in fact, these online lending platforms all claim that there is no application threshold, and only need to provide ID cards and photos of themselves. When these platforms issue loans, they will deduct a large part of everyone's loans in the name of handling fees, credit reporting fees and certification fees. When everyone repays, they find that the interest and principal have become a huge sum.
First, about the pit of non-performing online loans.
1, online loan: loan, micro-credit loans issued by non-bank institutions, such as Baidu Youhua, Xiaomi Loan, consumer finance, etc. All belong to online loans. If you touch them as little as possible, it will affect the credit rating and the score of subsequent loans.
2. Guarantee: Don't guarantee others' loans at will, because the guarantee is also on the credit report. When the borrower fails to repay the loan, the guarantor shall bear unlimited joint and several liability and need to help the borrower repay the loan in full.
3. Real estate loans: consumer loans are aimed at people without companies, while commercial loans are aimed at people with companies. At present, the banking regulatory bureau has settled in banks to conduct compliance investigations.
Second, the harm of bad online loans is not conducive to social harmony, and illegal online loans will breed gambling.
Many people can't pay their bills because of bad social habits such as alcoholism. Under the pressure of repayment, they will fill this loophole through various channels and often embark on the road of illegal crimes. Affect family harmony because many similar illegal online loans are borrowed from the Internet, which leads to family destruction and death everywhere. If you are really short of money, please choose a regular bank loan.
To sum up, the loan approval rate is high and the lending speed is fast, which has been welcomed by many people. But its disadvantages deserve attention. With the diversified development of social economy, more and more financial institutions handle loans, and some problems are easy to appear in the mixed operation market. So pay attention to keep a clear head at all times to prevent being cheated.
If the online loan is overdue, will there be any adverse consequences?
If the online loan is overdue, the user's online black index score will be damaged and become a blacklist.
The network black index score is the current user's credit rating issued by Bai Hang Credit Information Bureau. The higher the score, the better the credit. When the score is lower than 40, it belongs to blacklisted users.
Once blacklisted, it will affect the application and approval of financial services such as online loans, car loans, credit cards, etc., and will also affect the quota of flower buds and borrowing buds, and even lead to the closure of flower buds and borrowing buds.
Therefore, users who apply for too many online loans, or users whose online loans are overdue, should check their credit information in time to prevent credit damage caused by blind application for online loans.
You can directly search online, open WeChat, and search for: Qitian Kuaicha. Click "Query" and enter information to query your own 100-line credit data, which come from online lending platforms and UnionPay centers all over the country. Users can query their big data and credit status, obtain various index data, and query their personal credit status, blacklist status, online loan application record, application platform type, overdue amount, arbitration cases and other important data information.
At present, the country is building an all-round "credit network" without dead ends, connecting the society and enjoying information, whether it is a credit report or a personal credit record, it is an important link. Protect your credit. Credit is the greatest asset and wealth for everyone.
What are the impacts of bad online loan big data?
1, bearing the brunt, bad online loan big data will have a very bad impact on personal credit. Since it is the era of online lending big data, dishonest behavior is transparent to all lending institutions, which will be very unfavorable for future loan applications.
2. At present, financial institutions have established cooperation with the collection team. Once the debt is overdue, the debtor will encounter all kinds of indiscriminate bombing, which will not only have a bad influence on himself, but also bring trouble to relatives and friends around him.
3. If you are unfortunately on the list of untrustworthy people, the consequences of those who owe money will be more serious. Those who break their promises will be restricted from taking transportation and high consumption, and their children will not even be allowed to attend high-cost private schools.
Extended reading: a solution
First of all, it is definitely necessary to pay off all the loans of the lending platform of big data online lending after the deadline, and develop good repayment habits in the future. At least for this platform that will affect the later loans, it must not be overdue, otherwise there will be a high overdue penalty interest waiting for you.
Secondly, online loan applications should not be too frequent. Let yourself be free and relax your online loan big data. Too many applications sometimes affect not only the big data of online loans, but also ID cards and mobile phone numbers.
What are the consequences of online lending?
Applying for online loans will affect personal credit information, which is mainly reflected in the number of inquiries made by online loan companies about your credit information and the number of applications you have made. Next, I will explain it to you from the following points:
First, applying for this kind of loan will affect your loan in the bank.
Second, the interest rate for applying for such loans is higher.
Third, there are limited repayment options for applying for such loans.
Fourth, the amount of such loans is low.
1. If the online loan is not repaid on time, the overdue record will be submitted to the credit information system to leave a bad record. The more serious the overdue situation, the greater the impact on credit reporting. In particular, it has been overdue for three consecutive years in two years and belongs to a proper black household. Even if the arrears are paid off later, it will take five years to recover. If you apply for credit business again during this period, whether it is a credit card or a loan, you will be directly rejected.
2. Online lending has no self-control. When people saw what they were applying for, they applied for more than a dozen loans in just a few months. Even if any one of them succeeds, there are too many loan approval records on the credit investigation, which will have a bad influence on the credit investigation. Such people will be rejected if they apply for loans or credit cards again. It is best to spend 3-6 months to improve the credit information.
The consequences of not returning it are as follows:
1. Bad credit records will affect future loans and credit cards, and future mortgages and car loans will be affected.
2. You can't enjoy preferential loans or even apply for loans.
3, close the blacklist, children can not go to key schools, and there will be more penalties in the future. It can be said that life will be difficult.
4. If the personal career is affected and overdue for more than 90 consecutive days and the circumstances are serious, the bank or school will publish the ID number and overdue information in the media or notify the work unit.
5. If the circumstances are serious, they will be punished by law.
legal ground
According to Article 3 13 of the Criminal Law, those who refuse to execute the judgment or ruling of the people's court, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or fine; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined.
Applying for online loans will not affect personal credit information, but if the number of online loans is too frequent and multiple platforms apply at the same time, it may lead to more credit information and affect everyone's future loans. The specific situation needs to be determined by combining everyone's online loan repayment and loan times.
Personal basic information, including name, certificate type and number, mailing address, contact information, marital status, residence information, occupation information, etc. ;
The harm of non-performing online loans and the introduction of cases of non-performing online loans come to an end. I wonder if you have found the information you need?