If there are too many bad debts, this P2P platform will disappear, and everyone who invested money will naturally lose everything.
Soon, the state will take action to rectify these messy platforms and put them all under supervision. Later, thousands of platforms of various types will be reduced to single digits.
During this period, there were countless P2P platforms that went viral, and countless investors went bankrupt and even owed money to many relatives and friends, causing outrage and resentment.
Could Tan Junda's so-called financial investment be invested in this kind of platform?
Just as he was thinking about it, Tan Junda got out of a new Rolls-Royce Ghost convertible outside the restaurant door.
He wears big sunglasses and is covered in luxury brands. The watch on his wrist alone is worth more than a million dollars.
The temperament of this nouveau riche can be felt from ten meters away.
When he came to the dining table, Tan Mingyuan saw him and immediately scolded him with a stern face: "Didn't I tell you the time? Why did you come now and ask Mr. Jiang to wait for you? It's really shameful! Why don't you apologize to Mr. Jiang quickly!"
"Hey, dad, when did you get on such a good terms with Brother Jiang?" Tan Junda chuckled, then sat next to Jiang Zhihao and said, "My relationship with Brother Jiang is better than yours. We are buddies, so what are you apologizing for?"
Ah, Brother Jiang doesn’t care about such a trivial matter."
"you!"
Seeing that the father and son were about to quarrel again, Jiang Zhihao said: "It doesn't matter whether you come sooner or later. Didn't Brother Tan also say that they are not outsiders? By the way, Junda, I heard what investments you are making recently?"
"Look, I said Brother Jiang wouldn't be so stingy." Tan Junda glanced at Tan Mingyuan with a proud look on his face, and then replied: "Have you heard about it too? Hehe, I did find a good investment. It was a friend.
Yes, I will just follow behind and earn a living. If Brother Jiang is interested, you can also invest part of it. In one year, you can earn at least thirty points!"
"Thirty points?" Jiang Zhihao frowned slightly. Anyone with such an interest rate must be a loan shark. And there are no formal loan sharks.
Even Tan Mingyuan heard something was wrong and said: "Who is so stupid to give you such a high interest rate?"
"What do you know? This is called P2P, which specializes in small loans for the private sector. You don't know that now that the economy is developed, many people are willing to take loans to do business. The money comes quickly and the money is earned quickly," Tan Junda said.
"But when doing business, there are profits and losses. What if the losses are not enough?" Song Kanglai asked worriedly.
"What are you afraid of? I'm only responsible for collecting money. If people don't pay back the money they owe, companies will naturally come forward to collect debts. Besides, where are the bad debts? Even state-owned banks have bad debt rates. As long as it doesn't exceed too much, there's no need to worry.
"If it doesn't work, I can withdraw the money at any time." Tan Junda waved his hand and said, "You don't understand this business, so what you say is in vain."
Tan Mingyuan and Song Kanglai are not ordinary people. They can be considered middle- and upper-class people. They have heard of the micro-loan industry. Although they have never participated in it, they always feel that this kind of platform is unreliable.
With such a high interest rate and an unsecured loan, who do you go to if someone else runs away?
Without assets as collateral, if a debt is not repaid, the loss will be much greater than that of a bank.
At this time, Jiang Zhihao said: "I think this kind of platform is not stable. You should transfer the money out, so as not to run away if something goes wrong."