Why do P2P and online lending platform products have large-scale default problems? It is because their products and these platforms themselves are not regulated. There is no supervision, mainly reflected in the lack of supervision of the product itself, so that the authenticity of the product will have a certain or even considerable degree of moisture, leading to interest transfer or false investment. In addition, there is no supervision of funds, so the real whereabouts of funds are in doubt, which will also bring security problems, such as the transfer and misappropriation of funds. Without supervision, these platforms will accumulate risks with the deterioration of time and economic environment, and eventually they will get into trouble, close down or run away.
It can be seen that purchasing financial management and supervision are the first factors to be considered.
Take bank wealth management products as an example. Why are bank wealth management products much safer than P2P and online lending? Is it because bank wealth management products are more formal? There is some truth in this statement, but the real reason is that bank wealth management companies are "systematically supervised by government departments". Assuming that even if the bank's wealth management company is relatively formal and unregulated, it can be said with certainty that the bank's wealth management products will have problems in a large area.
What are the main products regulated on the market now?
First, bank wealth management products, although not every product of the bank has supervision, but the bank wealth management company itself has systematic supervision, so it is unlikely that there will be systemic risks, and at most one or two products may be at risk. There are three main types of bank wealth management products:
1 ? Large certificates of deposit or structured deposits, the income is close to 4. Generally, there is a limit, and the lock-up period is about three years. Compared with ordinary wealth management products, the biggest feature of this kind of products is that there is no risk of principal loss, and the security of income is relatively high, unless the bank fails.
2? Low-risk wealth management products, the income is about 3.5. Low risk, low income, suitable for people with low risk preference or low risk resistance.
3 risk wealth management products, the income is about 6. This part of wealth management products has a certain risk of principal loss, which is suitable for people with strong anti-risk ability or high risk preference.
Second, fund products, mainly money funds and bond funds, earn about 3%. The subscription and repurchase of fund products are more flexible. There are also partial stock funds, commonly known as "funds", which will fluctuate greatly. Types of high risk and high return.
Third, the trust collects wealth management.
The income is around 8, the capital threshold is one million, and the lock-up period is about three years. With the adjustment of economic structure, some trust products have also defaulted, so try to avoid real estate-related investment products.
Fourth, the Gold Exchange collects wealth management products.
The financial products issued under the supervision of the Gold Exchange have a yield of about 10, a flexible term and a capital threshold of about100000. You can choose to buy back the products with credit guarantee from the guarantor. At present, many local governments are also financing through the gold exchange, and they can choose government credit, a real livelihood project financing product. The general government has high default cost, but strong willingness and ability to repay. From the actual data, government credit is even greater than bank credit. Because there are bank failures at present, there has never been a government failure, or a default has caused a loss of principal. Moreover, the central government's financing management of local governments is becoming more and more strict and standardized, and the requirements are getting higher and higher. At present, there is a trend to further replace traditional financing such as trust because of its high financing efficiency.