Illegal.
Recently, Laizhou Civil Affairs Office received a risk warning letter from Gong Shan's office. Beijing Heng Chang Litong Investment Management Co., Ltd. (hereinafter referred to as Beijing Heng Chang) is suspected of illegally absorbing public deposits. The provincial comprehensive big data platform initially determined that the company had a major risk of illegal fund-raising.
China's innovative platform, Heng Chang Litong, took the lead in launching "person-to-person" (p2p) loans and wealth management services in China.
2. Is Beijing Heng Chang Company legal?
Legal Analysis: Loans in Heng Chang are illegal, and formal lending institutions must have relevant financial licenses to legally issue loans. However, Heng Chang's loan business is strictly non-compliant because it has not obtained a financial license at present. However, the loan contract signed at the time of loan is still protected by law, and the borrower still needs to repay the loan according to the contract.
Legal basis: Article 680 of the Civil Code of People's Republic of China (PRC) prohibits high-interest lending, and the lending rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.
3. Is Heng Chang legal?
It is a legitimate company, but if you want to use its financial services, you should pay attention to the risks.
Heng Chang Litong is an innovative professional platform for loan consultation and management in China, and it is the first to launch "person-to-person" (p2p) loan and wealth management services in China. Headquartered in Beijing, the company operates in more than 30 first-and second-tier cities all over the country, and has established a nationwide service network. Heng Chang Litong introduced advanced foreign credit management concepts, combined with the social credit situation in China, and provided professional full-course credit management and wealth management services for customers at both ends of the platform, including credit consultation, evaluation, credit scheme formulation, agreement management, and payment collection management.
4. Is Heng Chang's financial management legal?
Since its establishment, Heng Chang has not let a customer's principal and income suffer losses! Pre-audit and post-risk control are in place! Signed borrower accident insurance with five domestic insurance companies! Sign credit insurance with American Lippo Reinsurance Company! There is also CITIC Bank's 5 1 1 100 million risk protection fund! I did a 20. 1 10,000-year project in Heng Chang! I have also listened to the lecture several times! It feels okay! Don't put eggs in one basket! Just take out 30~40% of your money to manage your money!