In the investment guarantee company:
Customer: "I have 200 thousand." How to calculate the interest deposited in your company? "
Company: "200,000 yuan will be deposited in our company for 3 months, with a monthly interest of 3,000 yuan, and the interest will be settled on the 20th of each month. If the time is long, the monthly interest can be increased to 1.8%. "
Customer: "But the interest rate of money my friend put in other investment guarantee companies is 2.0%. Why is the interest low? " .
Company: "According to the national regulations, the interest of the guarantee company cannot be higher than 4 times of the bank's interest rate in the same period." "In fact, we are financing some small and medium-sized enterprises with financial difficulties, and we just play an intermediary role."
Customer: "I put my money in your guarantee company. What if you run away or these small and medium-sized enterprises go bankrupt? "
Company: "To tell the truth, our company is very strong. Our annual rent is several hundred thousand, and it is paid every two years. Our company has tens of millions of registered capital, and the situation you are worried about will never happen. Small and medium-sized enterprises that come to our company for financing have legal representatives and collateral for financing. If these enterprises go bankrupt, we will sell these collateral through the court to repay the citizens' principal. "
Customer: "Didn't the state stipulate that financing guarantee companies should not absorb deposits at high interest rates and should not issue loans?"
Company: "This is high-interest financial management, not high-interest savings."
Customer: I want to buy a house and borrow 65438+ 10,000 yuan from the guarantee company.
Company: "It is ok to borrow money, but you must use the property as collateral." If the procedures are complete, you can get a loan in half a day with interest of 3.5%.
Customer: RMB 654.38+10,000, with a monthly interest of RMB 3,500. "What if there is no real estate as collateral?"
Company: "if you want to use money, you can use it, which means the interest is high." One day 1 ,000 yuan is the lowest interest in 80 yuan. "
Customer: "What if I borrow money and run away?"
Company: "We know where you live and where you work, and we are not afraid that you will run away."
It can be seen from the business scope of the business license approved by the investment company in the Industrial and Commercial Bureau that none of them are approved to engage in purchasing, storage and lending activities. The Interim Measures for the Administration of Financing Guarantee Companies promulgated on 20 10 clearly stipulates that financing guarantee companies shall not engage in the activities of absorbing deposits and issuing loans, nor shall they be entrusted to issue loans and invest.
For example, the business scope of the bank business license: absorbing public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds and financial bonds; Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Engaged in bank card business; Providing letter of credit services and guarantees; Acting for payment and insurance agency business; Provide safe deposit box service; Other businesses approved by China Banking Regulatory Authority and other regulatory agencies.
For example, the business scope of the business license of an investment company: industrial investment, project investment and investment consulting services.
According to Article 21 of the Interim Measures for the Administration of Financing Guarantee Companies, financing guarantee companies shall not engage in the following activities: 1. Absorb deposits. Second, issue loans. Third, entrusted loans. 4. Entrusted investment. Five, the regulatory authorities shall not engage in other activities. If a financing guarantee company engages in illegal fund-raising activities, it shall be investigated and dealt with by the relevant departments according to law.
Some investors saw that the interest of the guarantee company was several times higher than that of the bank, and it could be collected every month, so they gave the hard-earned money to the guarantee company. Although some investors are worried about the strength and integrity of the guarantee company, they still give the money to the guarantee company in the face of high interest rates. Once the lender is unable to repay the loan, it will bring a devastating blow to investors.
What exactly does a guarantee company do? Is it legal for a guarantee company to manage money with high interest rate? What can and cannot be done in the business of a guarantee company?
Simply put, when an individual or enterprise borrows money from a bank, in order to reduce the risk, the bank does not lend money directly to the individual or enterprise, but requires the borrower to find a third party to provide credit guarantee for it. In this case, the guarantee company came into being. When conducting business, the guarantee company will require the borrower to issue relevant qualification certificates, and conduct audit according to the requirements of the bank, and then submit the audited materials to the bank, which will lend money after audit, and the guarantee company will charge corresponding fees. From the business scope, guarantee companies can be divided into financing guarantee companies and non-financing guarantee companies. With the approval of the regulatory authorities, a financing guarantee company may concurrently engage in the business of a non-financing guarantee company, which can only conduct non-financing guarantee business.
Financing guarantee refers to the behavior that the guarantor agrees with creditors such as banking financial institutions that when the guarantor fails to perform the financing debts owed to the creditors, the guarantor shall bear the guarantee responsibilities stipulated in the contract according to law. According to the Interim Measures for the Administration of Financing Guarantee Companies jointly issued by seven ministries and commissions, with the approval of the regulatory authorities, financing guarantee companies can engage in financing guarantee business such as loan guarantee, bill acceptance guarantee, trade financing guarantee and project financing guarantee.
News 1: A guarantee company has been established in Wu Mou, Chuzhou District, Huai 'an City, Jiangsu Province. Wu Mou borrowed money at a monthly interest rate of 2%~5% when the company was not qualified to absorb public deposits, and then lent it to others to earn interest. Borrowed from Zhu and other 23 people successively10.896 million yuan. 20 10, 10, the guarantee company is empty.
News 2: Chen Mou, a resident of Puyang City, Henan Province, opened a private clinic. He has also accumulated some savings over the years. Neighbor Joe introduced a guarantee company to Chen Mou. The company's interest rate is twice that of the bank. Chen Mou, eager to make money, withdrew 80,000 yuan from the bank and deposited it in the guarantee company. In the first three months, Chen Mou received interest as scheduled. 20 1 1 On March 29th, 2008, due to poor management, the guarantee company could not make ends meet, and the boss suddenly ran away.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.