Small loan companies have been reorganized recently.

With the continuous tightening of the regulatory red line, the retreat of small loan companies is also accelerating. 202 1 after the local regulatory authorities of many provinces and cities took the initiative to rectify the microfinance companies in their jurisdictions, some illegal microfinance companies such as "empty shells" and lost links were cleaned up. After entering 2023, 22 small loan companies will close down. In the eyes of the industry, with the release of local small loans and online small loans regulatory policies, the small loan industry will continue to reshuffle, and local small loan institutions will still return to their original businesses, based on compliance.

22 small loan companies officially "out"

Specifically, Anhui Local Financial Supervision Administration10.4 disclosed the Notice on Agreeing to Cancel the Pilot Operation Qualification of Wuhu Wu Xing Microfinance Co., Ltd. and other/KLOC-0.7 Microfinance Companies, and the pilot qualification of Wuhu/KLOC-0.7 Microfinance Companies was officially cancelled.

On the same day that Wuhu 17 Microfinance Company officially "went out", Jiangxi Provincial Local Financial Supervision Administration also issued an announcement on canceling the pilot qualifications of five companies including Nanchang donghu district Zheng Guang Microfinance Co., Ltd. (hereinafter referred to as "Zheng Guang Microfinance") and Nanchang donghu district Bangxin Microfinance Co., Ltd. (hereinafter referred to as "Bangxin Microfinance").

The national enterprise credit information publicity system shows that among the 22 small loan companies disclosed in the two places, the registered capital ranges from 20 million to 200 million yuan. Among them, Bangxin Small Loan was established on 20 12 and 12 with a registered capital of 200 million yuan. It was cancelled in May 2020 and is currently in the stage of cancellation and filing. However, Zheng Guang's small loan started "abnormal operation" at the beginning of 20 18, and its business license was revoked in June 20021year. In addition, many small loan companies are caught in business risks due to tax arrears and serious violations of laws and regulations.

According to the requirements of the regulatory authorities of the two places, relevant enterprises should handle industrial and commercial cancellation or change according to law. If you continue to retain the market players, you can collect the existing loans according to law, but the name of the enterprise shall not contain the words "microfinance" and "microfinance", and the business scope shall not contain the words "operating microfinance". After the expiration of the validity period of the Microfinance Business License, if new loan business occurs, it will be treated as illegal loan.

Yu Baicheng, president of Zero Research Institute, pointed out that the business of local small loan companies is generally local. On the one hand, it is restricted by local economic fluctuations and its own strength, on the other hand, it is also facing competition from other financial institutions. Therefore, in recent years, the pressure of survival is great, and even some local small loan companies have violated laws and regulations in the process of issuing loans. The withdrawal of relevant illegal institutions also reflects the continuous standardization of the small loan industry.

"As a' capillary' for local financial services to support the real economy, microfinance has alienated some chaos in the development process. Therefore, it is necessary to clean up and rectify according to the current market situation and release a clear regulatory signal, which can not only eliminate the' stubborn disease' of microfinance, improve quality and efficiency, but also make the microfinance industry develop healthily and sustainably. " Su, a senior analyst at Analysys International, added.

Based on compliance

On 2002112, Huating City Public Security Bureau of Gansu Province issued the Notice that Huating Xinyuan Microfinance Co., Ltd. was suspected of illegally absorbing public deposits, indicating that the company's borrowing funds basically came from illegally absorbing public funds, and the public security organs have filed a case for investigation and urged borrowers to take the initiative to repay.

In addition, according to the data report released by official website, the central bank, the number of small loan companies in China has been declining continuously. By the end of September, 20021,there were 6,566 small loan companies in China * * *, a decrease of 552 in three quarters compared with 7 1 18 at the end of 2020.

In the eyes of many people in the industry, the scale of loans and the number of small loan companies have shown a downward trend as a whole, which is also the result of continuous improvement by local regulatory authorities in recent years. At the end of 20021,the central bank issued the Regulations on Local Financial Supervision and Management (Draft for Comment), which clearly included local financial formats such as microfinance companies in the scope of supervision.

Su pointed out that from the content of regulatory policies, there are some problems in practice, such as different understanding of the division of responsibilities of local financial supervision, and the separation of some institutions and activities from financial supervision. Based on this, in the future, bringing all kinds of local financial formats into a unified regulatory framework, strengthening the coordination between the central and local governments, and making the responsibilities of local governments clearer will help prevent and resolve regional financial risks.

Related Q&A: Small loan companies don't repay loans. Now let's briefly analyze the disadvantages of borrowing money from small loan companies.

1) affects credit reporting. At present, many people who have borrowed money from small loan companies will go to the credit bureau, but if you don't pay back, it's easy to be blacklisted. Being blacklisted has a great influence, which leads to many things that you can't do. This can't be solved with money.

2) Affect family members or people around them. If you don't pay your debts, there must be a professional collection company to collect them, and this collection depends on how long you are overdue. Generally, those who are overdue for a few days will call you to remind you to pay back the money, and their attitude is generally friendly, but they will not have such an attitude if they are overdue for a long time. They will call relatives and friends around you, which will have a bad influence on you.

3) Bad influence on yourself. The most serious thing is to collect money from home. By that time, everyone around you knows that you can't pay your debts. I can't face it, and I think you have a bad personality. No one will lend you any more money.

So it's best not to have this kind of luck, after all, the disadvantages outweigh the advantages, and it's not worth it for a little money. If you owe money, give it to the collection department. Are professionally trained and trained. On the premise of legal compliance, they will have 100 ways to make you pay back the money. Don't wait until then to regret it.

Now is a civilized society, let the world be full of love, and work together.

Related questions and answers: What's the difference between a bank and a small loan company? The main difference between the two:

(1) The business nature is different.

Banks are financial institutions that handle deposits, loans, remittances, savings and other businesses. Compared with banks, the essential difference of small loan companies is that they do not absorb deposits, but only make small loans, so they have more advantages in loan concentration. Even if banks start early, they will inevitably be distracted from specialized research because of various businesses, while small loan companies that only focus on one aspect will further explore, research and develop, and gradually make the business industry mature.

(2) The business scope is different

In the loan business, bank loans are mainly in large amounts, mortgage loans are the main form of bank loans, and microfinance companies are mainly in small amounts and credit. At present, it is still developing towards the trend of unsecured and unsecured, and the main considerations for borrowers are: repayment ability and credit degree. So this has also become an important factor to attract many users.

In addition, microfinance companies have the following advantages:

(1) The threshold is lower than that of banks, and the service groups are wider.

Banks require higher mortgage and guarantee for enterprises and individuals, while small loan companies pay more attention to the applicant's operating conditions, asset-liability ratio and the applicant's credit status, so the borrower's application is not easy to be rejected, and the group is also larger.

(2) the loan speed is fast.

The approval process of bank loans is complicated, ranging from half a month to several months. Small loan companies can get loans within a few hours at the earliest, which is convenient and easy, and naturally attracts people to choose.

(3) Repayment is more flexible and convenient.

Generally, the shortest bank loan is 1 year, and the longest is 3-5 years. However, small loan companies will adopt different loan cycles and repayment methods according to the characteristics of customers, so that customers can experience more humanized and intimate services.

In addition, compared with private loans and informal loan companies, the interest rate of small loan companies is not high, and it has many advantages over bank loans, so it is more cost-effective. Moreover, under the benign competition, interest is also declining, which is very cost-effective for borrowers. In addition, small loan companies also have national policy support. In recent years, the contribution rate of small loan companies in supporting "micro" is getting higher and higher, and the state has also begun to encourage and support small loans in policy. In 20 17, in order to guide the healthy development of small loan companies, the Ministry of Finance gave high support in taxation, further consolidating the sustainable development of small loan companies.