On July 3rd, the sign "Office loves money" was removed.
As soon as the news of "Love Lei Qian" came out, many lenders (investors) fell into anxiety. According to many interviewees, as early as 20 19, it was very difficult to realize the creditor's rights. Over the past year or so, Aiqiantong has successively introduced measures such as "online shopping mall" and "emergency discount" to replace users' demand for "cash withdrawal at maturity", but ultimately failed to resolve the "thunder explosion" crisis.
As of 3 1 May 2020, the balance of principal and interest of "Aiqianjin" loan has exceeded 24.5 billion.
It was learned from people familiar with the matter that the public security organ has initiated an investigation into the problem that the products of "Love Qian Bao" cannot be withdrawn after expiration.
Many wealth management products of "Love Qian Bao" cannot be redeemed at present.
I will always receive its advertisements. 2065438+At the end of July, 2007, Chen Jie, an engineer from Shenzhen, came into contact with the peer-to-peer lending information intermediary platform.
According to public information, the full name of "Aiqianjin" is Aiqianjin (Beijing) Information Technology Co., Ltd., with a registered capital of 654.38+0 billion yuan. 2065438+put into production on May 6, 2004. According to Sky Survey, Shanghai Rong Shu Network Technology Co., Ltd. holds 65,438+000% of the shares of Aiqianjin Platform, and the legal representatives and executive directors of both companies are Qi Dong.
In the ranking of China Internet Finance Association and various "comprehensive strength comparison" lists, "Love money" is among the best. In addition, Wang Han, Liu and others also appeared in the product introduction as spokespersons. "This is one of the reasons why I have confidence in my love of money," Chen Jie said.
"Quancunbao" is the flagship product before "Love Qian Bao" platform. The term of assignment of creditor's rights ranges from 3 months to 18 months, and the sale is stopped on 20 18. The short-term yield of "whole deposit treasure" is around 10%. In the middle of 20 17, Chen Jie tentatively invested more than 9,000 yuan in the "whole deposit treasure" and immediately won the red envelope reward. Since August of that year, she has invested tens of thousands of yuan each. So far, the principal and interest in her account has reached 589,000 yuan, of which 1.2 million yuan is interest income.
From thousands to hundreds of thousands, like Chen Jie, many users of "Love Money" have experienced the process of testing, trusting and then letting go of investment.
According to "Love Money" official website, as of July 2, 2020, the cumulative amount of platform matchmaking transactions reached 23 1.92 1 billion yuan, with the cumulative number of matchmaking transactions of about 990 million and the cumulative number of service users 1.679 million. As of May 3, 2020, the loan balance principal was 227.61100 million yuan, and the loan balance interest was178.2 million yuan.
At the beginning of 20 19, some lenders found it difficult to withdraw cash after the expiration of "lump sum deposit and lump sum withdrawal". The official of "Aiyingbao" responded at that time: it takes a long time for debt to be converted into cash, and users are advised to switch to the new product "Aiyingbao", otherwise they can only wait. "Aiyingbao" was launched on 20 19, which is not much different from "lump sum deposit and withdrawal" in terms of interest rate and term setting. But it needs to be snapped up at 6 o'clock every day when it is operated. At that time, "Aiyingbao" was often sold out instantly.
Because she is not in a hurry to use money, Chen Jie doesn't find it difficult to withdraw money. 2065438+In March 2009, she made additional investment. At that time, she received a series of sales calls from "Love Money" customer service, introducing the platform's interest rate hike policy and various gifts. So, she took out more than 30,000 yuan to invest in "Aiyingbao", with interest of 10%, which will expire on March 3, 2020. This is her last investment.
Since then, Chen Jie has found that none of the subsequent "lump-sum deposit and withdrawal" due can be cashed, and none of the "lump-sum deposit and withdrawal" due after March 2065438+2009 can be withdrawn so far.
According to the incomplete statistics of lenders in the rights protection group, the maximum amount that an individual can't withdraw due at present can reach170,000. A rights protection group with an investment of 500,000 has reached 500 people, and the corresponding two groups have more than 200 people.
Money can't be cashed, affecting investors' lives and even having no money to see a doctor.
The life of Chen Jie and many lenders has been affected because the investment in the "Love Money" platform cannot be fulfilled.
Last year, Chen Jie had a plan to buy a house.
At present, there are more than 200,000 teachers in rural Shandong who can't get out. Before that, he had been working in other places. Because of the epidemic, he can't return to work this year, his wife has no job, and his children are in a hurry to go to school. Others said in the rights group that the mother was seriously ill, but she could not get this "life-saving money."
In order to protect their rights and interests, lenders report complaints to public security, economic investigation, letters and visits and other departments.
In May 2020, some lenders spontaneously went to the Beijing headquarters of Aiqiantong to learn about the situation, and Aiqiantong's reception managers Zhou Peng and Zhang Hui met with them.
According to the interviewees, when they communicated with Zhou Peng on May 9, the other party said that "Love Money" was seeking the support of the central bank to connect the borrower's credit information system, so as to effectively deal with the behavior of "Lai Lai" and ensure the rights and interests of lenders.
Chen Jie introduced that "Love Money" had a "mismatch" function at the beginning of its establishment, that is, if the borrower has paid back the money, if the money has not been re-matched with a new borrower, the lender can raise it in real time. The number and time of "mismatch" are random. If it is not put forward in time, it will be matched again. In order to recover the loss, after Aiyingbao's money could not be withdrawn, Chen Jie stared at the mobile phones one by one every day, and sometimes he could only "grab" a few dollars.
Chen Jie found that the amount that can be raised by "mismatch" is decreasing month by month, and many investors are worried that the final refund channel of "mismatch" will also be closed.
The staff of the "Love Money" platform mentioned in the online reception that there are about 60 million payments on the platform every day, so it may take 2-3 years for everyone to "offline" the principal and interest.
The game will not stop.
Lawyer Chen Jianmin, deputy director and senior partner of Beijing Deheheng (Shanghai) Law Firm, pointed out that it is very strange that "Love Money" helps to redeem it through "Mall". Because "Love Money" originally provides intermediary business, if its business is completely compliant, even if there is a breach of contract, it does not need a platform to pay, and it should be paid by the actual borrower. Now love money has become a sideline of "shopping mall", and there has been a situation of paying at the bottom of the platform, which inevitably makes people feel that its intermediary business engaged in lending is not in compliance.
The company once advocated 100% principal and interest guarantee.
Many lenders said that it was precisely because "Love Money" claimed that they had both certificates and the blessing of "national supervision" that they boldly and confidently put money into the platform.
In addition, Tianyancha information shows that "Love Money" was punished with an administrative penalty of 50,000 yuan on April 19, 2065438 for false propaganda and violation of the regulations on advertising content management.
At the end of May, 2020, some lenders called Huaxia Bank's customer service number one after another, asking the bank to provide the depository of the lender's transfer records. Customer service reply can't query the lender's deposit flow and existing balance.
Kuang Yuqing, the research founder of Lens, a third-party research institution, pointed out: "These publicity make the platform appear compliant and reliable in front of lenders, but in fact, depository banks cannot take responsibility for the platform."
Articles 20 and 22 of the Guidelines for Fund Depository in Peer-to-Peer Lending issued on February 22, 20 17 clearly point out that depository institutions are not responsible for verifying the authenticity of loan matters and loan transaction information, and are not responsible for the authenticity, accuracy and completeness of peer-to-peer lending information data; As the depository of interbank borrowing funds, commercial banks should not be regarded as providing guarantees or other forms of guarantees for interbank borrowing transactions and other related behaviors.
According to the customer service introduction of "Aiqianjin" platform, if the borrowers participating in the "guaranteed repayment plan" have overdue repayment, the guarantee company will pay compensation to the lenders corresponding to the borrowers participating in the plan within the balance of the special account of responsibility funds, and the lenders will bear the risk of not covering the balance beyond the special account of responsibility funds.
"Many companies violate the rules, and the guarantee institutions involved can't really provide guarantee services. These guarantee companies are often their own related parties, and the left hand guarantees the right hand, "said Kuang Yuqing, research founder of Lens Company, a third-party research institution. "The registered capital of a guarantee company is only a standard for consideration. For example, the registered capital of a guarantee company is only 1 billion yuan, but the project it guarantees on the platform has exceeded1billion yuan, and this project has 1% bad debts.
According to the company's change record, Rong Shu Network Technology Co., Ltd., the parent company of Love Money, has gone through two "head changes". 2065438+In May 2009, Shanghai Rong Shu Network Technology Co., Ltd. was renamed from Fanpujinke Enterprise Development (Shanghai) Co., Ltd., formerly known as inclusive finance Information Service (Shanghai) Co., Ltd.
According to the data of Sky Eye Survey, Love Money Into * * * involved in legal proceedings 18 cases, including eight types of cases such as loan contract disputes, reputation disputes and service contract disputes sued by others or companies. In addition to the parent company Shanghai Rong Shu Network Technology Co., Ltd., the list of defendants in nine legal proceedings also includes Pan Pujinke Group Co., Ltd.
In addition, Ai Qianjin was once involved in the storm of misappropriating the platform to lend funds to affiliated companies.
Love money to quit the "discount car" program.
While the "mismatch" function goes offline, the "Love Money" platform goes online with the "emergency preferential channel", which is also commonly known as the "discount" scheme. Lenders can fill in the discount ratio and apply to the platform for transfer, that is, lenders voluntarily give up part of interest or principal to speed up the conversion of debt into cash. Love money into the emergency discount channel page declares: "The lower the discount ratio, the faster the transfer can be completed."
But not all applications were approved. According to Chen Jie's understanding, the less money the better. Lenders whose capital contribution is less than 1 10,000 yuan will have the hope of quitting. However, if the investment is about 50,000 yuan, the discount is generally maintained at 30% or 60%. Large households with a capital contribution of more than 654.38 million yuan rarely see successful discounts. One of Mr. Wang's investment friends still has more than 600 thousand, of which more than 300 thousand is interest. He chose to get off at a 54% discount. In the end, in addition to more than 300 thousand interest, the principal lost more than 40 thousand.
At present, due to the different amount of capital contribution and maturity time, different lenders have different views on the way of safeguarding rights. If the person who expires in February hopes to achieve the purpose of full repayment of principal and interest by accelerating the transfer of creditor's rights, if it expires next year or at the end of this year, I hope the platform will come up with a redemption plan.
However, for the goal of safeguarding rights, the opinions of lenders are still relatively consistent. Chen Jie said that the rights protection she advocates is "paying the principal and interest in full and paying them at maturity", that is to say, the principal and interest should not be damaged, and this part of the creditor's rights that has expired at present should be paid as soon as possible. "My money didn't come from the strong wind. Why should I give it to him for nothing?" Chen Jie said that some lenders also put forward the minimum requirement of "no loss of principal".
Mr. Sun just graduated this year and is in urgent need of money. There are still more than200,000 that cannot be withdrawn. This is his tuition loan, part-time income, money saved by his parents and himself. "If you don't have this money, you can't accept it."
In an interview with the media, the relevant staff of Beijing Dongcheng District Financial Office revealed that it had been learned that the "love money" was investigated by relevant departments.
(At the request of the interviewee, Chen Jie and January are pseudonyms. )
Related Q&A: Is it reliable to pay for love within three years? Love money into this platform is not very reliable, and there are still some problems. The data of love money in July has not been released yet, but there were one deceptive harvest operation after another last month, so I don't think the harvest data will be too bad.