A number of consumer companies have been misappropriated for consumer loan funds.

Produced | WEMONEY Research Room

Wen | Liu Shuangxia

Recently, Xiaomi Consumer Finance Corporation was fined for "misappropriation of consumer loan funds". In fact, in recent years, a number of consumer finance and commercial banks have received regulatory tickets due to the embezzlement of consumer loan funds and post -loan management violations.

In recent years, the phenomenon of violations of funds for speculation and financial management in the name of consumer loans is common. Behind the ticket and chaos, the problem of poor loan institutions on loan institutions also reflects the problem of consumer loan funds supervision.

01. Multiple gold companies have been fined

On September 19, the Chongqing Banking Insurance Regulatory Bureau disclosed that Xiaomi Consumer Finance was not in place after loan management, and the consumer loan funds were misappropriated and a fine of 500,000 yuan. At the same time, Ai Hao, the relevant responsible person, was warned.

Regarding the punishment, Xiaomi Consumer Finance said that the company will carry out in -depth internal reflection and optimization improvement, further strengthen the review of loan funds, continue to optimize and improve the management system, and prevent similar problems from happening again.

In fact, there are not a few consumer finance companies that have been punished for fund management after loan.

In 2017, due to the inadequate investigation and income review, the loan funds were misappropriated, and Hubei Consumer Finance was fined 400,000 yuan. In 2019, Huarong Consumer Finance (now renamed "Ningyin Consumer Finance") was fined 600,000 yuan due to unsatisfactory use of consumer loans and forming major risks. At the same time, Zhang Qiong, the responsible person, was given a warning and fined 50,000 yuan. In addition, Jin Meixin Consumer Finance has also been misappropriated due to defects in the credit management system and incomparable loan management, which has been misappropriated by some loan funds and was fined 2.9 million yuan by the Xiamen Insurance Regulatory Commission.

In recent years, the phenomenon of violations of funds for speculation and financial management in the name of consumer loans is common. In fact, not only consumer finance companies, but also commercial banks have also frequently been punished for supervision because of their personal consumer loan funds. The legal obligation of loan use is a legal obligation of loan issuance institutions, and it involves prudent compliance management of the issuing agency.

It is understood that the loan contract is generally stated in the loan contract, and the borrower needs to use the loan within the specified range after handling the loan. If the borrower uses credit loans to buy a house, wealth management, and even gambling, then the borrower's behavior will be considered a breach of contract. payment.

02. Why is the industry's illness difficult?

In actual operation, due to the short period of consumer loan, less risks, and strong demand, some banks and consumer finance companies are not strict with the use of consumer loans.

Some borrowers are lucky, and the customer manager of the lending institution chooses to "open one eye and close one eye" in order to complete the personal loan business indicators.

Among them, the wave of third -party intermediaries is indispensable.

It is understood that the intermediary agency evaluates customer information before packing, mainly because the guarantee company pour consumer loan funds into a cooperative dealer account to issue a compliance invoicing to respond to the bank review by entrusted payment. It is not easy to be found during the investigation.

In response to the flow of consumer loan funds to the real estate sector as a phenomenon of down payment or investing in investment. Previously, the branch institutions and the CBRC bureau of Beijing, Shenzhen, Guangzhou and other places were regulated. The Beijing Banking Regulatory Bureau has issued a document to put forward five specific requirements: First, strictly implement pre -loan investigations. The second is to effectively strengthen payment management. The third is to implement post -loan management. The fourth is to improve the contract constraint mechanism. Fifth, third -party cooperation is carried out carefully.

Xiao Yuan, vice chairman of the China Banking Regulatory Commission, once said, "When banks issue loans, they must comprehensively and truly evaluate the ability to repay the borrower. Due to the excessive promotion of residents' debt leverage because of this business, it can not help some areas, especially in some areas, especially Bubble in the real estate field. "

It is reported that entrusted payment is the fundamental means to solve the illegal use of loan funds. The entrusted payment refers to the trading partner of the lender (bank and other financial institutions) based on the borrower's withdrawal application and entrusted payment to pay the loan funds to the borrower who conforms to the use of the contract. However, the flexibility of entrusted payment has poor flexibility, and there are inherent conflicts with the fragmented scenarios and high -frequency demand of consumer finance. Consumer loans are regulated by strengthening post -loan management, industry self -discipline and supervision inspection.

Industry insiders said that with the development of regulatory technology, the direction of surveillance flow through the means of fintech will become a new direction of supervision and innovation.

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