About p2p jokes

In this era, borrowing money has become particularly easy, especially in recent years, various lending apps have sprung up.

It used to be difficult to borrow money, and I often heard examples of falling out with relatives and friends because of borrowing money. But unlike the previous situation, now a person can easily borrow a lot of money without mortgage with an ID card.

Many P2P platforms operate in this way. They do not provide any funds themselves, but only serve as an intermediary platform to absorb funds from the society through high interest rates, and then pool these funds and lend them to those who need money at higher interest rates. The platform itself earns the difference.

This does not sound like a problem in itself, but with the increasing number of P2P platforms and the lack of supervision, many problems have been exposed. For example, many borrowers have no repayment ability at all, and they don't pay back the money they borrowed.

Faced with this situation, the platform itself is powerless. If the bad debt rate is high, not to mention the high interest rate, the platform can no longer pay the principal to the investors who provide funds.

This operation mode of P2P is inherently problematic. Many people who borrow money from P2P companies cannot borrow money from banks. This proves that these people's repayment ability is relatively weak, and the final outcome can be foreseen from the beginning by lending funds to inappropriate groups.

For investors, if they are asked to lend money to strangers for no reason, they will certainly not be willing to lend it. But these platforms are good at packaging themselves, creating credible appearances and gaining the trust of investors.

Investors will definitely not continue to invest if they don't get the money. Borrowers will not pay back money when they see that others don't, and the P2P platform has no money to pay back investors, which is in a vicious circle. Once the platform loses its credibility, it is not far from bankruptcy.

With the outbreak of more and more platforms, some platforms did encounter problems, but some platforms themselves did not intend to pay back the money from the beginning, but saw the loopholes in this model and wanted to gather funds first, and then the platform founders took the money and ran away, without thinking about operation at all.

As this situation became more and more, many investors realized that they had entered a scam, and the state finally took measures to clean up these platforms. At the end of June this year 165438+ 10, China Banking and Insurance Regulatory Commission's chief lawyer Liu Fushou publicly stated that China's P2P platform had been officially retired.

P2P platforms have closed down and disappeared, but what about the money that investors didn't get back?

According to statistics, more than 800 billion yuan of loans have not been recovered this year. According to national regulations, borrowers must pay back the money, but some people simply have no repayment ability.

There are still some people who have the ability to repay, but when they see that the platform has exploded, they simply don't want to pay back the money, especially when they see news reports and know that the industry lacks supervision. They think that even if they don't pay back the money, they won't be held accountable and simply don't pay it back.

P2P platforms usually lend money to thousands or even tens of thousands of people, and are unable to ask everyone for money, so it is difficult for lenders to get their own money. Even if you use judicial means to collect accounts, you will certainly encounter problems such as long time and difficult implementation.

Because solving civil disputes is not something that can be completed in a few days, it will take three months at the earliest, in fact, it will take longer, so many courts simply do not accept P2P lending disputes. In this case, even if the borrower does not pay back the money, the P2P platform has no choice.

Now we can only hope that the regulatory authorities will intervene, formulate relevant regulations, and include online loan untrustworthy people in the list of untrustworthy. If online lending can also affect credit reporting, I believe some people will be willing to pay back the money.

The 800 billion loopholes have caused many families to fall into crisis because of P2P, and many have lost their lives. However, after this lesson, I believe many investors will be more cautious and will not be carried away by high-interest and high-risk investments.