Folk lending loans have been made by the previous transactions between individual and individual, step by step into a small loan companies, pawn shops, professional operation of guarantee companies and other institutions.
One is the bigger size and body. From the perspective of participation main body participation main body showed a trend of rapid expansion, and nationality to expand to the high, medium and low three levels of family income level, some usual basic does not participate in informal lending to low-income families also begin to enter. Participate in the enterprise also give priority to with small small-sized enterprises by the past, the evolution to some enterprises above designated size. And small loan companies, pawn, guarantee agencies to intervene quickly concealed way folk lending, or even mainly rely on private lending.
Two is Rapid interest rates higher, more flexible pricing. As the credit squeeze, the folk lending interest rate is also rising, tend to be flexible in terms of interest rates to perform, embodied in the "three high three low", namely the credit financing rates are high, low mortgage interest rates; Short-term interest rates, long-term interest rates down. Normal production and operation consumption rate is low, in irregular operations such as higher interest rates.
Three is the source of funds and use more widely. The source of funds of private lending is not the mainly comes from the accumulation of private entrepreneurs and household income of urban and rural residents savings, extended to the real economy capital injection, privately to raise funds, bank credit funds of not a few, but also from the accumulation of private entrepreneurs and family income of urban and rural residents savings ratio is decreasing.
Funds for at the same time, also change, urban and rural residents personal in the short term to solve urgent need like their children to school life, doctor cure and pure agricultural production for substantially less than that of financing for the production of cash flow, bank credit, bidding deposit, real estate and stock investment proportion increases significantly. This part of funds accounted for more than 80%.
Four is lending institutions. Folk credit lending from the previous transactions between individuals and individual is given priority to, step by step into a small loan companies, pawn shops, professional operation of guarantee companies and other institutions. Some intermediary is nominally guarantees, investment consulting, etc as the main business of management, but in fact all is in the business of folk lending, and informal lending business and profits accounted for over 50%.
Five is the term a lot. Private lending terms in a month to 48% of the total number of investigations, private lending agreement to borrow the shortest is only one day, the longest in a year or so, relatively few long-term borrowing.
One is not conducive to the implementation of prudent monetary policy. Free from the formal financial system more funds from the monitoring of the monetary authorities, monetary authorities is effective management of the whole society the financing amount, has a negative impact on the implementation of prudent monetary policy.
The second is not conducive to economic transformation and upgrading. Private lending funds in operation on the pursuit of high interest rates, high return, easy to make money from abnormal channel into this flow shall be invalid out of industry, is not conducive to industrial transformation and upgrading and economic restructuring.
Three is aggravating operators financial burden. High interest burden will not only restrict some chips are, is not yet complete the primitive accumulation of capital of the growth of individual and private enterprises, enterprises will be even killed in the early stage of development.
Four is easy to cause the debt disputes, affect social stability. Once the borrower's capital chain rupture, easily happened the borrower for the levant hold a flight, as well as the dunning violence debt collection and other illegal and criminal behavior, thus affecting social stability.
Five is to induce moral hazard and increase the risk of a bank. On the one hand, the folk lending high returns for the bank credit personnel with poor ethics provides rent-seeking space. On the other hand, for the sake of risk, capital providers are happy to cooperate with credit personnel, because get the folk capital turnover defaulted on borrowers, get trust bank, realize "three sides" win-win. Noteworthy is that once the borrower mismanagement capital chain rupture, risk will converge to the bank.
Pushing forward the construction of the new type of private financial institutions to the folk capital investment channels. To promote small loan companies, financial support and so on the development of new folk finance, widen the channel of the folk capital investment; To formulate the detailed rules for the implementation of private capital into the financial markets, encourage financial institutions to carry out individual entrusted loans business innovation.
Optimization of weak economic financial services. Financial institutions should take effective measures to establish suitable for weak economic development of the credit rating, credit, credit audit method, promoting the construction of small businesses and individual credit service center, increasing credit operation mechanism reform, develop scientific and simple and effective loan management procedures, keep the credit support to the weak economy.
Strengthen publicity and education, create a good folk lending the ecological environment. Increase public investment law consciousness, risk consciousness and the ability to identify the illegal fund-raising activities to guide the public debt disputes may be resolved through legal channels.
Improve the laws and regulations, regulate private lending in accordance with the law. On the one hand, speed up the process of the new legislation "general", at the same time, the lenders ordinance, legally QuanZeLi give clear on it. On the other hand, the relevant departments to strengthen supervision. Was set up by the local government, the people's bank of China, public security, court, branch departments participate in supervision mechanism, the private lending into the total social financing scale overall supervision, supervision of capital flow to the "agriculture, rural areas and farmers", small and medium-sized enterprises, and some in line with national industrial policy areas.