Rebirth

The

Unlimited.

Good.

Not good.

The good news is the convenience of financing. On the bad side, there is still a reason-the door opened and the breeze came in, but it was not just the breeze.

Turbidity.

Scent of vegetables.

Flies.

Mosquitoes.

……

All here.

A lot of policies come out, the original intention is actually very good, but can’t resist people with ulterior motives and want to take advantage of the rules, use the rules to get huge profits.

Disrupt the market.

Therefore.

The general principle of this kind of policy is to put it first and then tighten it, because many new things do not appear during legislation, and it is difficult to prevent it in advance.

Only as easy as clothes.

There are holes.

Make up.

Let some people who need clothes wear it so that it won’t be cut across the board, flies and mosquitoes won’t get in, but the fresh air doesn’t have to be sucked. That’s a failure.

. . .

Advanced consumption.

In China.

It has not been widely recognized. The mainstream idea is how big the mouth is, how much to eat, and you can bear it first if you can’t afford it. In general, you don’t borrow money for consumption.

Yes.

This habit is good.

No.

The real thing to watch out for is the rise of those black net loans. Personal loans are corrupted by black net loans with extremely high interest rates.

Thousands.

Cumbling.

Tens of thousands.

One hundred thousand.

Not uncommon.

Many of them are specially set up, which are completely fraudulent. Of course, we must crack down. Once this happens, the best way is to call the police.

Of course.

The principal and interest should be paid.

usury.

The definition is: the annual interest rate is higher than 30%. Six, a frustrating reality is that in the current jurisdiction, usury does not constitute a crime.

Only civil economic disputes.

Go to court.

The principal and interest must also be repaid, which is 30% lower than the annual interest rate. Tang Qing does not agree with the higher part.

36.

Below.

Civil disputes, yes.

But above.

The sentence should be directly penalized. The relevant customs and the sentenced judgment. This interest rate has seriously disrupted the social and economic order and must be severely cracked down.

Too high.

Poor.

Severe punishment is required.

For this.

Tang Qing is not ineffective. When some people play hackers, they will be treated like scammers, cracking down, reporting, or hacking hackers.

Let them lose their blood.

There are many ways.

Otherwise.

It was originally a good financial behavior. It was a cross-border and made everyone shout and beat. It was a bit wrong. It also gave those scammers a good look.

—The cruelty of this society.

. . .

Next.

The vice president introduced the characteristics of Huabei and the interest rate in detail, because this is a comprehensive report that the company has to cooperate with.

Tang Qing listened quietly.

Interest rate.

Not high.

If you pay in installments for one year, 7%.

If it is overdue, each heaven punishment is five ten thousandths in interest, which is not low, but it also depends on the situation. The stimulus is not a huge amount of consumption.

After all.

There must be a quota anyway.

One thousand.

Two thousand.

Five thousand.

At present, it is set to go online for 20,000, which still stipulates that consumption will exceed this number within one year before it will be given, and the annual interest rate is much lower than that of credit cards.

And.

This is only over five ten thousandths after the deadline.

Not overdue.

If it is the next month’s repayment, there is no interest for the flower, and the maximum interest-free period is 40 days. Even if it is paid in installments, the interest charged is very small.

Phase III, 1.8.

Phase 6 and 4.5.

One year, seven and five.

Really.

Conscientious, half as low as credit card.

Next.

It’s credit.

For the time being, we can only rely on the assessment of the company’s self-confidence. The bank’s credit investigation is not Alibaba’s check. Therefore, we mainly use two credit systems.

First.

Ali.

Based on its past consumption.

Second.

Little.

As China’s largest office software system, it already has a huge working relationship and its own credit evaluation system, which is quite mature.

So.

Some bad debts can be avoided.

Finally.

The time to go online was determined, which was set on August 31.

. . .

After the meeting.

Connect Ma Yun alone.

“This attempt should allow Ali to go faster. When the test is completed by the end of the year, Ali’s overseas financial service platform can also be launched.”

Ma Yundao.

Now.

Ali went abroad and expanded vigorously.

Nature.

The foreign consumer finance market will not be overlooked. After all, the interest on the installments of the chant is not much, but as long as the amount is up, there will be profits.

Why not many?

Calculate.

Bank loans require interest, and are interest on commercial loans, but they are expensive. The cost has been calculated and it is already 5%.

In addition.

ABS is the same.

Financing.

It’s not how much you borrow and how much you pay. People buy your ABS bonds, but they also look at the income. If the income is similar to the deposit bank, the ghost buys it.

This cost.

It is four to five percent.

So.

After deducting various expenses, tax rates, etc., Ali’s net profit is less than 2%, and the outside world thinks how much Ali has earned.

Who knows.

-Bank.

-Broker.

-Investors.

Each party must draw a sum of money. From the perspective of rates, you can know that Huaba hardly makes any money. Relatively speaking, it is better to borrow more.

Five thousandths directly, just like credit cards.

However.

Still can’t be called profiteering.

Because.

Ali’s money was borrowed from a bank or financed. The bank’s credit card, using his own money, earned several percentage points higher than Ali’s.

This time.

Taking the opportunity, Ali has also taken pictures of consumer finance in many countries. At this moment, he deeply felt the power of those allies.

As if.

In their country, there is nothing they cannot do.

Powerful.

Up and down.

And.

At least one of the 30% still opened a bank, but it was of different sizes. I was very interested in hearing online consumer finance, and all of them were in one share.

So.

Ali has more than a dozen financial licenses.

And.

These subsidiaries, Alibaba Holdings, and local partners holding shares have almost solved Ali’s overseas financing problems, and some do not even have to do ABS.

The cost of borrowing directly from their bank is greatly reduced.

So.

An embarrassing problem has arisen. The interest rate in China will be much higher than that in foreign countries, and it may be sprayed by unknown people in the future.

Said they made more money.

Black heart.

Eat inside and out.

profiteer.