Is it legal to buy an express loan?

Illegal, not recommended. Ren bought an express train, but it was stopped by the Bank of China. Now it doesn't even have a facade. Calling this province today and calling that province tomorrow are actually fraudulent telephone usury. If there is a need for funds, it is recommended to go to a regular bank for a loan.

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loan

The simple and popular understanding of loan (electronic IOU credit loan) is that borrowing money requires interest.

Loan is a kind of credit activity that banks or other financial institutions lend monetary funds at a certain interest rate and must repay them. Loans in a broad sense refer to loans, discounts and overdrafts. Through loans and monetary funds, banks can meet the demand for supplementary funds for social reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

principle

"Three natures" refer to safety, liquidity and efficiency, and are the basic principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate in accordance with the principles of safety, liquidity and efficiency, operate independently, bear their own risks, be responsible for their own profits and losses, and manage themselves by themselves."

1, loan security is the primary problem faced by commercial banks;

2. Liquidity refers to the ability to recover the loan within the specified time, or the ability to realize it quickly without loss, so as to meet the needs of customers to withdraw deposits at any time;

3. Efficiency is the basis of sustainable operation of banks.

For example, when issuing long-term loans, the interest rate is higher than that of short-term loans, and the benefits are good, but the loan term is long, the risks increase, the security decreases, and the liquidity is weak. Therefore, the "three" are harmonious, and the loan can't go wrong.

micro-finance

I. Review risks

The emergence of loan risk often begins at the stage of loan review. As can be seen from the disputes in judicial practice, the risks in the loan review stage mainly appear in the following links.

(1) All bank loan auditors are omitted from the audit content, which leads to credit risk. Loan review is a meticulous work, which requires investigators to systematically investigate and investigate the qualifications, qualifications, credit standing and property status of loan subjects.

(2) In practice, some commercial banks do not conduct due diligence, and loan examiners often only pay attention to document identification without due diligence. Therefore, loan fraud is difficult to identify and easily leads to credit risk.

(3) Many misjudgments are caused by banks not listening to experts' opinions or professionals not making professional judgments. In the process of loan review, we should not only find out the facts, but also make professional judgments on the relevant facts in law and finance. In practice, most loan processes are not very strict and in place.