Does installment music fall within the scope of the national crackdown?

It doesn't belong. Now it's all about online lending platforms that take advantage of legal gaps.

There is no blow in the real sense of the word. As a result, unscrupulous elements flaunt laws and regulations.

for profit. Mutual benefit and interest edification.

Installment music. It was established in Shenzhen in 2013 and passed through the China Banking Regulatory Commission.

It will detect an installment loan platform that will be operated online after being authorized by the National Credit Information Center, so installment music is definitely legal. Installment Le and JD.com's network operators** have established long-term strategic partners to provide different consumer loans.

mode, favored by the public.

Installment Le has not stopped lending, but has become stricter in terms of review. At present, it is still normal for installments to be happy in terms of loans and amount increases. It is reported that the maximum amount of the installment credit wallet is 15,000 yuan, and you can open a credit wallet in the personal center and apply for a quota increase.

The credit limit of Installment includes a spending limit, a cash withdrawal limit and an interest-free limit.

It is worth noting that this is a consumer loan product for college students, and the scope was later expanded, and white-collar workers can also apply for it. However, installment music has national credit qualifications, if the user is overdue, the record will be uploaded to the credit report, and the heavy will be subject to criminal punishment, so you must remember to repay the loan on time, but also according to the ability to consume.

Summary. Hello, I have seen your question and am sorting out the answer, please wait a while Is installment music within the scope of the national crackdown?

Hello, I have seen your question and am sorting out the answer, please wait a while Is installment music within the scope of the national crackdown?

Installment is also a loan platform. On May 10, the Cyberspace Administration of China issued a notice on the illegal collection and use of personal information by 84 apps such as installment music: Recently, in response to the phenomenon of illegal collection and excessive claim of personal information by apps that are highly anti-blind and blind, the State Internet Information Office has dealt with it in accordance with the law.

Ask about custom messages].

It doesn't belong. Now it is all online lending platforms that take advantage of legal gaps, and there is no substantive crackdown. As a result, unscrupulous elements seek profits in the name of laws and regulations. Mutual benefit and interest edification.

Installment is happy. Installment is an installment loan platform established in Shenzhen in 2013 after passing the inspection of the China Banking Regulatory Commission and the national power, so it is absolutely legal.

Installment Le and JD.com's network operators** have established long-term strategic partners, providing different consumer loan models, which have been favored by the public, and have the basic rights and interests to defend their rights to national laws.

It is precisely because of its legitimacy that the national legal department has also issued a series of policies for the overdue situation of installment loans, and for the non-repayment of installment loans, the first is to leave bad loan records on personal credit, and secondly, there is a fundamental obligation to impose criminal penalties on malicious loan personnel.

Installment is an installment loan platform founded in Shenzhen in 2013 and operated online after being tested by the China Banking Regulatory Commission and authorized by the National Credit Information Center, so it is absolutely legal. Installment Le and JD.com's network operation ** have established long-term strategic partners and provide different consumer loan models, which have been favored by the public.

Legal basis: Several Opinions of the Supreme People's Court on the Trial of Loan Cases by the People's Courts

Article 10 The loan relationship formed by one party by means of fraud, coercion or other means, or taking advantage of the danger of others, so that the other party violates its true intentions, shall be deemed invalid.

Article 11 Where the lender clearly knows that the borrower borrows money for the purpose of carrying out illegal activities, the lending relationship shall not be protected.

1. Does installment music fall within the scope of the state's crackdown?

1. Installment music does not fall within the scope of the state's crackdown. Installment is an installment shopping platform, with a business license, business license, etc., is a legal and compliant company, itself does not lend, but only a loan platform, and the installment consumer loan service provided by banks and licensed financial institutions.

2. Legal basis: Article 680 of the Civil Code of the People's Republic of China.

It is forbidden to lend at usurious interest rates, and the interest rate of the loan must not violate the relevant state regulations. If there is no agreement on the payment of interest in the loan contract, it shall be deemed to have no interest. If the loan contract is not clear about the payment of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined in accordance with factors such as the local area or the parties' transaction methods, trading habits, and market interest rates; Where natural persons borrow money between themselves, it is deemed that there is no interest.

2. Is the national policy a force majeure?

The adjustment of national policies is a change of circumstances and a kind of force majeure, but the change of circumstances cannot be used indiscriminately. Force majeure refers to objective circumstances that cannot be foreseen, avoided and cannot be overcome. Whether a certain situation is force majeure should be determined from the following aspects:

1. Unforeseeability: The law requires that the event constituting force majeure must be impossible for the parties concerned to foresee whether this event will occur at the time of entering into the contract.

2. Inevitability: After the contract comes into effect, although the parties have taken timely and reasonable measures for the possible accident, they cannot objectively prevent the occurrence of the accident, which is inevitable. If the occurrence of an event could have been avoided by the timely and reasonable actions of the parties, the event cannot be considered as force majeure.

3. Insurmountability: Insurmountability refers to the inability of the parties to the contract to overcome the loss caused by an unexpected event. If the consequences of an event can be overcome through the efforts of the parties, then the event is not a force majeure event.

4. Duration of performance: For a specific contract, the event constituting force majeure must occur after the contract is signed and before the termination, that is, during the performance period of the contract. If an event occurs before or after the conclusion of a contract, or when one party is delayed in performance with the consent of the other party, it cannot constitute a force majeure event of the contract.

Summary. Hello, I am Mr. Wang Ninggang, a cooperative lawyer of Legalis, and I am happy to serve you.

Hello, I am Mr. Wang Ninggang, a cooperative lawyer of Legalis, and I am happy to serve you.

Hello. I borrowed 4,000 yuan from the installment platform, and repaid more than 1,900 later, and I had to repay more than 4,000 later. I didn't overstay at that time.

Later, I called ** Xian Wheel Grip to the customer service and said that I called Tongbo, and I returned half of it, and I didn't pay it back for 3 months. Brother Qing has been harassing **.

Hello, this type of online loan has the nature of usury.

So the state does not support it.

It doesn't belong. What to do in this case. Always harassing me and then saying what a lawyer's letter.

It is recommended that you pay it off this morning. Otherwise, the interest will roll over and get bigger.

Will it affect credit reporting.

Yes. Is he on the credit report?

It will be found in the personal credit report.

Yes. I have played credit in the Bank of China, and there is no installment music.

Installment music is on the credit report, so if you don't repay the installment loan, then report to the central bank to destroy the book, it will leave a bad credit record on your credit report, and once on the credit report, it will be retained for 5 years can not be eliminated, and then whether you want to apply for a credit card or a loan, it will be greatly affected.

Well. Thank you. You are welcome.

In other words, as a third party, Installment Joy clearly violates the provisions of Circular 141 that third-party partners are not allowed to charge interest fees to borrowers.

Development History:In August 2013, Xiao Wenjie founded Installment Le and received start-up investment from Xianfeng Huaxing.

In October 2013, the installment music was officially put into operation.

In March 2014, Installment reached a strategic cooperation with JD.com, the largest company in China.

In March 2014, Installment Le received a $10 million investment led by Matrix Partners China to complete Series A VC financing.

In April 2014, the marketing centers of Beijing, Wuhan, Chongqing and Nanchang were established.

In May 2014, the company served more than 100,000 customers.

In June 2014, the marketing centers of Shanghai, Xi'an and Nanjing were established.

In September 2014, Installment supported many colleges and universities in nearly 100 cities across the country.

Hello lawyer. I'd like to ask some questions about installment music.

The installment is too high and has not been repaid, will it have legal effect if they sue it, and what should I do if I receive the ** from the court.

You can not pay the interest that exceeds the state regulations, and even if you sue, you will not pay the interest higher than the state regulations.

So, what is the interest you agreed on?

The principal still has to be repaid.

It should be between 15,000 and 18,000, and now I'm being sued, and the court in my hometown called me and asked me to take my ID card to verify something, I didn't understand too much, if I don't go tomorrow, it will affect the credit report, and then it may be detained, that's it.

Originally, I negotiated with them to repay the principal in installments, but they had to pay it in a lump sum, 23,000

You can negotiate, and if you exceed the prescribed interest, you can disagree, raise an objection, and finally pay it back.

Who do I need to talk to? With installment fun,? Or contact my court agency?

They asked me to take this ID card to the court, I am not in the local area, they said today, tomorrow it will be too late. Let me verify what kind of lawsuit or something, I don't understand too much. Who should I talk to?

If you go to the court and the other party sues you, it will definitely come, and if there is a court to negotiate, you can do it, so you'd better go to the court.