How to determine whether a P2P platform is compliant

Investment ideals: 1: look at the qualifications With the advancement of regulatory rectification, "bank depository" must be a bottom line for investing in online loans this year.

It is not excluded that some platforms that cannot complete the depository will stage the final madness, make a big profit and then run away. Although bank depository only avoids that the platform cannot access customer funds, and there will be problems such as false labels, it is better than nothing, which is also the requirement of the regulator, and it should also be the bottom line of our safe investment.

2: View information With the acceleration of the process of big waves and sand, some large platforms with good development momentum are increasingly competitive with each other. Distinguishing the authenticity of information depends on the experience of investors on the one hand, and the qualification and reputation of P2P online lending platforms on the other hand.

When there is a problem with the ** or APP, investors should not panic, and can confirm the specific reason with the platform first. After the investment experience increases, the individual's ability to resist risks will also continue to increase. (P2P financial platform).

Since the baptism of P2P platforms, the following are the elements of looking at the formal platform of a platform::

1. Whether the information is transparent enough.

2. Three certificates, that is, bank depository, ICP telecom value-added business license, level 3 classified protection.

The three certificates are the qualification certificates for the entry of the online loan industry, just like the catering industry needs to have a business license and a health permit.

3. Complete the rectification of 108 regulatory rules.

For example, it is forbidden for the platform to set up financial plans, prohibit the mismatch of the term, prohibit the sale of trusts, asset management, banking, foreign exchange, etc., prohibit the docking of gold exchanges, etc.

Legal analysis: P2P financial management platforms are legal, but they also have certain risks, so please be cautious if you need to invest. P2P lending refers to direct lending between individuals through the Internet (generally specialized**).

Generally speaking, the so-called individual here is an individual (natural person), but the borrowing party can be an individual or a business. It is a kind of personal lending behavior based on the idea of the Internet and independent of the formal financial institution system.

Legal basis: Implementation Plan for the Special Rectification of Internet Financial Risks

Online lending platforms should adhere to the bottom line of the law and the red line of policies, implement the nature of information intermediaries, and must not set up capital pools, issue loans, illegally raise funds, and must not self-finance and self-insure, promise to guarantee principal and interest on behalf of customers, mismatch of terms, split terms, false publicity, or fictitious targets, and must not mislead lenders through methods such as fabricating or exaggerating the prospects for the income of financing projects, and must not engage in offline marketing except for credit information collection and verification, post-loan tracking, and mortgage management.

2.Equity crowdfunding platforms shall not publish false targets, shall not raise funds on their own, shall not "disclose shares and actual debts" or raise funds in a disguised manner, and shall strengthen the information disclosure obligations and requirements for the protection of shareholders' rights and interests of financiers and equity crowdfunding platforms, and shall not make false statements and misleading publicity.

Online lending platforms and equity crowdfunding platforms shall not engage in financial businesses such as asset management, debt or equity transfer, and high-risk market allocation without approval. P2P online lending platforms and equity crowdfunding platforms should manage customer funds and their own funds separately, follow the principle of professional operation, strictly implement the requirements for third-party depository of customer funds, select qualified banking financial institutions as fund depository institutions, protect the safety of customer funds, and shall not misappropriate or occupy customer funds.

1. Look at the capital, whether the solvency of the guarantee company is strong.

The P2P companies that people trust in general have one characteristic –

Its guarantee back company is large and strong. There is a strong guarantee company behind it, which first shows that this platform is very powerful, so that it can be guaranteed by large companies. Secondly, with a strong guarantee company, investors' funds also have an extra layer of security.

2. Look at risk control, whether third-party custody and bank depository are carried out.

This condition is an important criterion to determine the safety of a P2P platform, if a P2P platform is not cooperating with a third-party payment platform or a bank, but operates the investor's funds by itself, once there is a problem in the capital chain, the platform can directly roll up the money and run away. The P2P company that hands over the funds to the third-party payment platform for custody or the bank for custody, the funds are completely isolated from the user's funds, and all the funds are completed by the customer through the third-party payment platform, and the platform has no access to the customer's funds at all, so as to avoid the risk of misappropriation of investors' funds.

3. Look at the target, whether the specific project is transparent and standardized.

If the borrower's information and borrowing project content on a P2P platform are not transparent and standardized, the platform is likely to have bid splitting and fake bids.

4. Look at the team, whether the core members have relevant experience in the financial industry.

In this P2P platform market, the experienced team is more familiar with the processes of the P2P platform operation, the risk control is more scientific, and the operation of the project is more experienced, so the more financial experience a core member of a P2P company, the safer the platform will be.

Principle 1: Look at the operator.

The operator of the P2P platform is an individual, and all ** companies that can't find the online loan platform, don't think about it, pass it directly, it's obviously unreliable, no matter how much other companies boast about it, don't believe it.

Principle 2: Look at the registered capital.

The P2P platform operated in the form of a company, looking at the company's establishment time and registered capital in the official **, the platform with a short establishment time and less registered capital can basically determine that the company's strength is not very good, for the safety of their own funds, or take a look at it.

Principle 3: Look at the borrower.

A formal and reliable P2P platform, lenders and borrowers are relatively scattered, if you often see certain IDs appear frequently on the online lending platform, then whether it is a lender or a borrower, you can determine that there is a false loan on this platform, and advise you to check through other channels.

Principle 4: Look at the borrower.

Regarding the information disclosure column of the P2P platform, there should be a description of the borrower's situation, and you should see: whether the description of the borrower's borrowing purpose, repayment guarantee and other information is detailed, whether the description of the borrowing needs is consistent, whether the borrower is the same person, etc. If the description of the online lending platform is very simple or ambiguous, there may also be fraudulent lending.

Principle 5: Look at interest rates.

The interest rate review procedure of P2P platform lending is simple and easy to operate, but the interest rate is not low, 24% is the protected interest rate range stipulated by national laws, and the excess part will not be protected by law. Borrowers should also figure out what fees they must have when borrowing through P2P, and don't be fooled into disguised fees.

Principle 6: Look at the target of short-term borrowing.

There are many short-term loan targets under three months on the P2P platform, so there may be a lot of false loan targets, which is a great risk.

Principle 7: Look at the demand for borrowed funds.

If a certain borrowing fund released by the P2P platform is in high demand, there may be a suspicion that the platform publishes false borrowing requirements to construct a capital pool.

Principle 8: Look at the collateral.

P2P platforms have mortgage lending business, for the collateral information published by the platform, you can pay attention to search, if other online lending platforms have the same collateral, it means that there is a phenomenon of duplicate mortgage. It indicates that the P2P platform with duplicate collateral is more likely to be an associated platform.

Principle 9: Look at the guarantee company.

Some P2P platforms claim that the lender is responsible for providing the guarantee of the principal of the platform itself or a third-party guarantee company, and if it is an independent third-party guarantee company that has nothing to do with the platform, if there is a problem, the credibility of the guarantee realization is relatively large.

Principle 10: Look at the operation of the platform.

The P2P platform information disclosure column will also regularly disclose the operation of the platform, such as: bad debt rate, financial transactions, borrowing costs, etc., then the credibility of the platform will be relatively large.

1.The platform is highly transparent.

The more transparent the operation information of the P2P platform, the more the platform is a platform that does things with heart and can also ensure the safety of funds. However, we can see whether the platform is transparent from the platform information, operational data and project information, and if the platform can clearly disclose these information, then the risk can be basically controlled. For example, those platforms where the direction of funds are also public, so that investors can understand the whereabouts and uses of their funds, so that investors can also invest clearly, and can also have a judgment on the platform's risk control ability.

2.Formal and legal platform.

First of all, investors want to invest in a certain platform to check whether the wealth management platform is formal and compliant, including whether the company has a business license, account opening permit, institutional credit certificate, registered capital receipts schedule, tax registration certificate and a series of documents are complete. Only investors who have a pair of sharp eyes and choose a formal and legal P2P platform can avoid being deceived.

3.The platform has a high degree of compliance.

Looking back on 2017, compliance is undoubtedly the key word for the development of the P2P wealth management industry. Due to the continuous increase in supervision, the number of P2P wealth management industry platforms continued to decline this year, and only platforms with compliant operations could survive in the coming days. Enterprises that really want to do things will gradually rectify in strict accordance with regulatory requirements.

Therefore, when investors choose a P2P platform, they must see whether the platform is developing towards compliance, the filing process, whether it has been connected to the bank depository, whether the information is disclosed transparently, etc., these are the key objects of investigation.

Since you choose to manage money in the P2P industry, you have to bear a certain amount of risk, which you must be aware of. Choose a platform based on your own risk tolerance, so that you can effectively reduce your risk.

How to judge the compliance and strength of P2P online lending platforms?

Bank custody is the most important guarantee.

Not participating is the best policy, and few of these broken platforms are good.