Text | Lin Xiaolin
According to the loan contract provided by Yu Xiansheng, the investor is Wang Xin Bank, the loan principal is 12000 yuan, and the annualized interest rate is 15%. According to the guarantee contract, Quanzhou Civil and Commercial Finance Guarantee Company provides the guarantee, and the guarantee fee is * * * 1469.33 yuan.
WEMONEY Lab registered Minsheng Granule as a user. WEMONEY Laboratory passed the living body certification, and after filling in the information related to work and life, it obtained a quota of 25,000 yuan, and tried to borrow 1000 yuan, but the next payment failed. According to the prompt, you need to buy a member of 299 yuan. WEMONEY Research Office inquired about Minsheng Granule's customer service, and its customer service indicated that members would improve the loan success rate, but purchasing members may not be successful.
WEMONEY Research Office found that the borrowing institutions cooperating with Minsheng Granule include Chouzhou Bank, Wangxin Bank and Jingdong Finance.
Since 202 1, the regulatory authorities have required consumer financial institutions to lower their interest rates. Relevant persons in charge of a number of institutions told WEMONEY Research Office that they had received verbal guidance from the regulatory authorities, requiring the annualized interest rate of personal loans to be controlled within 24%. At present, the annual interest rate of credit products of most licensed financial institutions has dropped below 24%.
Han Dong, a Beijing Intermediate Law Firm, said that in court cases, most licensed consumer financial institutions also required borrowers to repay interest and penalty interest at a rate of 24%.
In contrast, the comprehensive annualized interest rate of Minsheng loan products has reached 36%, which is indeed at a high level in the industry, close to the previous red line of loan interest rates.
02. The history of mutual fund business of Minsheng Bank is on the verge of compliance.
In 20 13, Minsheng e-commerce co., ltd, the earliest operating entity of Minsheng e-commerce, was established, and its major shareholder was Minsheng Jiayin asset management co., ltd under Minsheng bank.
Minsheng e-commerce started from the online shopping mall business within the Minsheng Bank system. However, the people's livelihood e-commerce business has been tepid, which is also the status quo of most banks. For example, as "6 18" approaches, platforms such as JD.COM and Pinduoduo take the lead in opening a shopping war. In addition to mainstream shopping platforms, in recent years, many banks including the four major banks and some joint-stock banks including Minsheng Bank have established their own independent e-commerce platforms. And the annual e-commerce war, but there is no bank e-commerce figure. The reason is that traditional banks value the ecology of online shopping mall financial scenes and their internet financial business.
However, one of the two financial business platforms under Minsheng E-commerce has been shut down and the other is on the verge of compliance.
20 13 Minsheng e-commerce established P2P platform "Minsheng Easy Loan". According to the data, less than two years after the official launch, the transaction volume of Minsheng Easy Loan exceeded 20 billion yuan. Until the end of 20 17, P2P triggered a thunderstorm. At present, Minsheng Easy Loan has been shut down. In the same year, Wuhan Minshanghui Microfinance Co., Ltd., a subsidiary of Minsheng Julie, obtained the first online microfinance license in Wuhan with a registered capital of 500 million yuan.
20 19 Minsheng e-commerce released inclusive finance platform-Minsheng Julie, and newly launched online personal loan product "Julie Loan".
In addition, Minsheng Easy Loan Training Loan. 20 19, Suntech educational institution exploded. Suntech's cooperative education consumer loan is called Coffee Easy Loan, and one of the investors behind it is Minsheng Easy Loan. The chaos of education and training loans has caused a large number of consumer complaints.
Although these two financial platforms under Minsheng E-commerce are rooted in Minsheng Bank, they are excluded from the system. Relevant personnel of Minsheng Bank said that Minsheng E-commerce is only a cooperative third-party organization and does not belong to Minsheng Bank.
However, from the information of its management team of Minsheng E-commerce, it can be found that its team comes from Minsheng Bank, and Minsheng Easy Loan and Minsheng Grain Loan are inextricably linked with Minsheng Bank.
People's livelihood e-commerce that is excluded from the system can only find another way to make a living. It is confirmed by the customer service of grain loans that people's livelihood does not depend entirely on the system of Minsheng Bank, but also cooperates with third-party microfinance channels, such as Jingdong Finance.