Lending treasure smashed 2 billion acquaintances' loans and eventually became usury?

In August, 215, Lending Bao went online, and immediately launched a marketing promotion campaign with a huge investment of 2 billion yuan. High-priced promotion rewards have made countless users flock to make money. 1

Lending by acquaintances of 2 billion yuan

In August 215, Lending Bao was launched, and immediately, it invested 2 billion yuan to start marketing promotion activities. High-priced promotion rewards have made countless users flock to make money.

According to a marketer of Lending Treasure, "Before, the promotion reward of Lending Treasure was divided into two levels, the first level was 2 yuan, and the second level was 1 yuan. If our first-class customer base has 1 people, we can get a profit of 1× 2 = 2, yuan. But we have to get more profits and let these 1 people promote it again. If each of them can promote 1 people, we can get secondary users, which is equivalent to the secondary promotion income of 1× 1× 1 = 1 million yuan. "

In this activity, Lending Bao's "acquaintance lending" is well known to the public. "Professional acquaintance lending platform, direct investment in acquaintances is more brilliant." The slogan appeared in front of the public again and again.

In Lending Bao's view, "platform users are acquaintances or even friends. Users directly invest their funds in their acquaintances, judge each other's credit and take risks by themselves. Normal acquaintance lending on the lending platform occupies the absolute mainstream. " Lending treasure does not make any promises and guarantees for borrowers, but is a pure information intermediary and transaction matching platform.

but after the "earn spread" function is launched, everything is not so good.

beijing business today reported a story about a financial intermediary and "earning a spread": "At the end of October last year, she met an intermediary through the Internet, and the intermediary introduced a lender to her, telling her that she could borrow money from that person after registering a loan book. At that time, I borrowed 5, yuan, paid 24% annualized interest rate through online pending orders, and then returned the borrower's interest offline. At that time, the interest was 1 days 5 yuan, and the daily interest rate was 1%. After that, Wang earned a spread by borrowing and lending.

However, after that, the interest of these lenders was higher, with a daily interest rate of 4%, and some even required a deposit. At the beginning, she also released some of the borrowed funds, but the capital chain was broken because the borrowed funds were not repaid in time. "At that time, I borrowed 1, yuan, and the interest for five days was 2, yuan. On the fifth day, I needed to pay back 1, yuan to the borrower, but the money I borrowed was not recovered, which led to the need to borrow a second pen. This vicious circle, plus interest and overdue management fees, now needs to pay back 1.47 million yuan."

An insider of the Internet finance bank, who did not want to be named, said, "Lending Bao, as a pure information intermediary, has a little too heavy publicity on earning spreads, and people are too seduced and encouraged, which also makes the products deviate from the nature of borrowing by acquaintances."

At this point, the borrower and lender have already bid farewell to the acquaintance relationship, and even the basic information of the other party may not be clear. From acquaintances to strangers, dominoes extend infinitely. The longer the chain, the accumulation and expansion of risks.

2

The collection team of 3, people

The high overdue fee of the loan treasure accelerates the fermentation of risks. In order to solve the risk of bad debts, Lending Bao introduced a huge collection team.

Southern Weekend reported on the overdue management fee of Lending Bao. "The loan agreement clearly states that if the borrower fails to repay the loan on time within the repayment period agreed by both parties, if the loan is overdue for more than 3 days, from the 4th day, the default interest will be calculated at the annualized interest rate of 36%. On this basis, from the 4th day after the expiration of the loan term, the basic overdue management fee shall be paid according to the standard of "the sum of unpaid loan principal, interest and penalty interest multiplied by .1%/ day". If it is overdue for more than 3 days, a special overdue management fee of 2% (2% of the sum of unpaid principal, interest, penalty interest and basic overdue management fee) will be levied on the basis of the former. If it is overdue for more than 9 days, a one-time fee of 3% will be levied. "

Chen Bin, senior director of Lending Bao's public relations department, explained that "the borrower and the lender agree on their own interest rate on Lending Bao's platform, and the agreed standard does not exceed the upper limit of 24%. The reason why the platform charges a relatively high proportion of overdue management fees is to pay the cost required for collection. "

Later, Lending Bao changed the "overdue management fee" into "collection fee" and introduced "collection by everyone".

"Everyone's Collection" claims to adopt the crowdsourcing mode of the Internet, and individuals with collection ability and willingness in the whole country can become reminders, grab orders on the platform and get remuneration. The platform subcontracts overdue debt bills to individuals with collection ability, willingness and geographical proximity across the country through the Internet. Realize territorial collection, rapid collection and part-time collection.

the scale of "urging everyone" has expanded rapidly, and "violent debt urging" has attracted media attention. In the report of "One Finance" from the media, the internal staff of Lending Bao recalled that "the scale of everyone's urging is very large, with more than 3, urging customers to register, and the financial and public security departments think it is a hidden danger."

In December 216, the "Everyone's Reminder" business stopped operating and the team was dissolved. Lending treasure said that the newly generated debts were changed to the third-party collection company selected by the overdue creditors to collect overdue debts, and the platform no longer entrusted the door-to-door collection.

At an exchange meeting, WU GANG, the chairman of Jiuding Investment, the controlling party of Lending Bao, also described his exclusive views on "collection".

"The collection platform of Lending Bao is innovative. First, it is lifelong collection; Second, beyond the legal collection. The so-called lifelong collection means that you have been urging to death at the age of 3 this year, and after the death of the debtor, the inheritance will also be collected; The collection beyond the law is mainly aimed at scammers and people who evade debts. "

"Our collection should be explained first, but not completely. For example, I have been following you at dawn, I can't get together with my friends, and I will beat you up every now and then. In this case, you must be eager to return the money quickly. " WU GANG said that everyone is different from the court, and the creditor is not a bank, but an individual. For an individual, everyone's money is hard earned. I can't wait to burn down the house of the person who owes money, and I have to return the money when I sell it.

Lending Bao's response to this is that, after investigation, this video was set in April 216, and it was a private exchange meeting organized by several enthusiastic users. WU GANG was invited and made a short speech. Mainly expressed to the users the confidence of the third-party cooperative collection personnel of Lending Bao in cracking down on swindlers and laolai, and expressed everyone's attitude of urging to the end (lifelong collection). At the same time, it interestingly expounded the legal treatment of debts in the case of debtor's death. Some controversial words mentioned in the speech were mainly used to enhance the atmosphere at the scene by teasing.

3

usury has resurfaced

Last January, Southern Metropolis Daily reported that some people actually borrowed only 32, yuan through the platform of Lending Treasure, but in the end they signed a contract of more than 12, yuan, which seemed to be directly borrowed from natural persons. In fact, the corresponding companies were cash loan companies, private usury companies and finance companies, and the interest rate was close to 2,%.

Lending Bao explains the mechanism of similar loans: the borrower and the lender establish contact through other channels (online lending advertisements, introductions from others, etc.), and after the borrower puts forward the capital demand, both parties agree on interest. There are some illegal lenders who require the borrower to make a rebate or pay a deposit to the lender in private by means of transfer, red envelopes, etc., in addition to the normal loan transaction on the platform, resulting in the actual interest rate being higher than the interest rate agreed in the loan agreement signed through the platform, or the actual amount borrowed is less than the amount agreed in the loan agreement signed by both parties through the platform, bypassing the platform supervision and reaching high-interest lending in disguise.

In November last year, Anhui police reported a violent debt collection case. A man borrowed 8, yuan online, and he had to pay back more than 26, yuan in less than half a year. Unable to repay, the creditor came to the door to collect debts violently. The suspect has been arrested by the police on suspicion of stirring up trouble.

Anhui Business Daily reported that from May to November this year, Yue borrowed more than 8, yuan from Cui for many times through the online platform "Lending Treasure". By November, he had to repay more than 26, yuan with interest.

On the complaint website, there is a collective complaint topic "Lending treasure connives at usury", numbered Z917, and launched on March 21st, 218. At present, the topic has received a total of 199 joint complaints, with a total of 113 visits.

the complaining user said, "usury is put on the loan treasure, and it is violently collected by usury with a weekly interest rate of 2. On February 27, 218, I borrowed for the first time, with a loan of 16, yuan, and actually received 7, yuan and repaid 9, yuan. On March 6, 218, the exhibition fee was 2, yuan, and on March 13, 218, the exhibition fee was 2, yuan once every 7 days. If there is no full amount, you will have to pay 2, interest. "

Xu Bei, general manager of Guangzhou Anyida Internet Microfinance Co., Ltd., said in an interview with Nandu reporter yesterday that although the P2P platform is only positioned as an "information intermediary", it actually undertakes some functions such as pre-lending information investigation, loan management and post-lending risk control, which should play a role in supervising and managing the whole transaction process, or it will easily become a so-called "legal whitewashing" platform for private usurers.