"Loan extraction" blocks business loans and real estate speculation. Banks in many places contain illegal funds.

Business loans and consumer loans are illegal loans that should not appear in property market transactions. For a long time, they have forged multiple identities and hidden them under the supervision of the financial system. Recently, some media reported that Guangzhou, Shanghai and other places are strictly investigating the illegal transactions of "business loans" in the real estate market.

The reporter learned during the investigation that recently a number of "Notification Letters of Early Recovery of Personal Loans" (hereinafter referred to as "Notification Letters") originating in Shanghai have been circulated. According to its content, if consumer loans or business loans are used to purchase houses, they will be required to repay them in advance.

In this regard, Li Yujia, chief researcher of the Guangdong Provincial Housing Policy Research Center, predicted to reporters that cracking down on operating loans and illegal capital inflows into the real estate market will be the main task of real estate regulation this year, and it will also affect whether this year's property market can be successful. Stablize. He believes that the current operating situation of the national property market is very similar to that from 2015 to 2016. It has spread from first-tier cities to other hot second-tier cities, and the popularity of the entire metropolitan area is picking up significantly. It is very necessary to control operating loans.

Many banks strictly investigate illegal loans

It is reported that after banks extended the loan application cycle and raised operating loan interest rates, many banks began to take action against illegal loans flowing into the property market. A rigid requirement for early repayment of all loan principal and interest.

Recently, a number of "Notification Letters of Early Recovery of Personal Loans" originating from Shanghai have been circulated. The content points out that due to the borrower's failure to fulfill the relevant provisions of "Article 4 Loan Purpose" of the loan contract, , the bank announced that all loans under the contract would expire early and required the borrower to repay all loan principal and interest within a limited time.

The notification letter specifically emphasized, "If you fail to repay all the principal and interest of the loan on the above-mentioned date, the loan will be overdue and penalty interest will be incurred. Our bank will have the right to initiate legal proceedings against you and take property preservation measures."

The reporter learned that among some home buying groups, there is also the phenomenon that some home buyers are "extracted from the loan" after one or two years after completing the business loan. Once the multi-million loan is repaid, individual home buyers People are facing greater short-term financial pressure.

Not only business loans, Ms. Zhang (pseudonym) once took a two-year revolving credit loan with China CITIC Bank. She recently withdrew 20,000 yuan from the loan account to pay for kindergarten tuition. At the same time, she received a loan from the bank. The text message warned them not to use the money for house purchase, stock purchase, financial investment, etc. Ms. Zhang told reporters that although the bank had warned in the past, it was still rare to send two consecutive text messages to emphasize this time.

Liu Ling (pseudonym), a senior lawyer in Shanghai’s banking industry, told reporters that before the central bank issued new regulations at the end of 2020, most banks in Shanghai were not very good at checking the whereabouts of credit funds, but since Shanghai’s legal auction After the introduction of housing purchase restrictions, the banking industry has obviously increased its emphasis on the whereabouts of funds. Recently, many bank clients of law firms have required more legal training in this area than before.

At the same time, many banks in Guangzhou are also strictly investigating the illegal flow of consumer loans and business loans to the property market. Industry professionals revealed to reporters that if there are similar violations of credit funds such as business loans and consumer loans flowing into the property market for home purchases, banks will make early repayment a mandatory rule to punish the subjects of similar behaviors.

It is worth mentioning that during the investigation, the reporter found that the loan principal amounts shown in the above notification letters were relatively large, involving more than one million yuan.

“If consumer loans or business loans are used in real estate transactions in violation of regulations, the bank has the right to require early return.” Zhu Xiaohong, president of China Luxury Property Researcher, told the China Times reporter that banks strictly investigate This phenomenon is not only the need for financial order and regulation, but also shows the firm attitude of the superior authorities to strictly control the inflow of real estate capital pools, crack down on real estate speculation, curb real estate development, and overheating housing consumption, and curb real estate speculation and investment boom from the source. Carry out pursuit and interception, so that housing can return to its essence for living and not for speculation.

Intensify the crackdown on illegal loans entering the market

“Recently, friends from banks have mentioned that they will strictly investigate the whereabouts of business loans.” A staff member of an agency in Shanghai told reporters It said that starting from the second half of 2020, the so-called "service fees" for handling business loans have been continuously increasing. At that time, some managers said that business loans may be unable to be processed at any time.

In fact, the reporter found through investigation that the bank’s strict inspection of business loans and consumer loans illegally flowing into the property market was not an emergency. Previously, the Shanghai and Guangdong Banking and Insurance Regulatory Bureaus had issued documents to prevent consumer loans. , operating loans and other credit funds were illegally misappropriated in the real estate field.

On January 29, 2021, the Shanghai Banking and Insurance Regulatory Bureau issued the "Notice of the Shanghai Banking and Insurance Regulatory Bureau on Further Strengthening the Management of Personal Housing Credit", requiring all commercial banks to conduct Consumer loans, operating loans and personal housing loans will conduct comprehensive self-examinations, and self-examination and rectification reports will be submitted to the Shanghai Banking and Insurance Regulatory Bureau before February 28, 2021. He also mentioned that the next step will be to take regulatory measures in accordance with the law for any violations found.

On January 30, the Beijing Banking and Insurance Regulatory Bureau also issued a message stating that banks were required to conduct comprehensive self-examinations on the compliance of personal consumption loans and personal operating loans newly issued since the second half of 2020.

At the same time, according to incomplete statistics from reporters, as of March 9, the total number of large and small fines issued by local branches of the China Banking and Insurance Regulatory Commission was close to 70, which involved inadequate loan management, illegal dividends, There are irregularities in transaction management, etc., but what is more common is the illegal flow of loans into the stock market and property market.

Even as the investigation and prosecution efforts continue to increase, the staff of the above-mentioned intermediary agencies still told reporters during communication that if you have any ideas about applying for business loans, I will help you find out more. Detailed information will provide you with a "reliable" plan.

Business loans and consumer loans are not allowed to flow into the property market. Lawyers have emphasized to reporters many times before that operating loans are expressly prohibited from flowing into the property market to purchase residential products, and it is also illegal for business loans and other similar loans to flow into the property market for transactions.