Facts have proved that social development requires innovation, but if the disadvantages outweigh the interests, it will surely be the time for its death. After a year of cleaning, although the process was tortuous and even pain, in early December, the P2P platform had completed t

Facts have proved that social development requires innovation, but if the disadvantages outweigh the interests, it will surely be the time for its death.

After a year of cleaning, although the process was tortuous and even pain, in early December, the P2P platform had completed the cleaning goal. Once glorious, after 13 years, the crazy and controversial P2P officially withdrew from the stage of history and ended its tragic curtain.

From the past to the loneliness that is now, it has been around for about 13 years. In the name of innovation, it matches the needs of lenders and borrowers, and with the blessing of hot money, P2P once became a "hot commodity" in the eyes of the market and investors. But everyone seems to have forgotten that has a recognized truth in the investment field, that is, the greater the return, the greater the risk.

data shows that in the first few years when the platform just emerged, the investment returns of investors were around 20% . Due to the standardization of strengthening supervision and industry rectification, the returns of still reached about 10% . Such a high rate of return should be at the top level among current investment products. Many investors think that they will not be the last buyer out of luck and always want to get a share of the P2P. Therefore, they are happy about it and ignore investment risks. Many people have invested in P2P. This gambler mentality completely values ​​the high returns of P2P.

P2P platform is actually a financial management platform, also known as peer-to-peer online lending, which refers to using the company as an intermediary institution to connect the borrowers and lenders to achieve their respective lending needs.

It is undeniable that P2P is indeed a relatively good financial product. Investors and borrowers have established financial connections through the platform. Investors make money and make it convenient for borrowers. However, due to regulatory issues, there are many chaos in P2P. The most typical example is that privately misappropriate customers' funds. The lives of senior P2P managers are corrupt and degenerate, their salaries are ridiculously high, and they squander a lot. They frequently reveal that P2P runs away, and the platform explodes one after another. Half of the reasons are that there is no supervision, the platform privately misappropriates customer funds, and the other half is that the lender cannot repay the loan interest on time. Some borrowers take the opportunity to "maliciously evade debts", fail to repay overdue, and wait for the P2P platform's capital chain to break and go bankrupt, thus escaping the repayment obligation, which aggravates the risk outbreak of the P2P platform.

Now it is not very meaningful to discuss the rise and fall of P2P. The subsequent "endgame" of P2P that ended in a bleak curtain call is the top priority, and how to deal with it is the most concerned issue for investors. Public data from

shows that after the P2P is cleared, investors still have more than 800 billion yuan of bad debts that have not been recovered. Not to mention the investment interest, there is no clear result yet whether the principal can be recovered and how much it can be recovered in the end.

From the current point of view, how should lenders protect themselves? There are three main choices:

The first choice is to get back all the principal and interest.

It is quite difficult for investors to get back all their principal and interest. As an investment and financial management platform, there must be investment risks. This is also required by the state in the supervision of P2P to prohibit the platform from guaranteeing principal and interest, which is to let investors understand that investment is risky and be prepared for investment failure.

Now, for some platforms that run away, it is basically impossible to get back all the principal and interest, and it is also impossible to sue. Entering the market is risky, so you need to be cautious when investing, and investors still have to bear the consequences of their investment. If p2p is a breach of money and clearance, the chances of investors being able to get back the money are relatively small. Even if the case is filed for investigation and finally solved, the money that can be recovered is the tip of the iceberg.

So, investors should be more cautious about the first choice. After all, the most important task at the moment is how to reduce losses and recover the investment as soon as possible. It is basically impossible to get back all the principal and interest in full.

The second option is to get back the principal and not interest.

At the beginning, what attracted investors to invest in venture capital was the high returns of the platform. Now that the platform has cleared, everyone has no hope for high returns, and just hopes to recover their principal.Although

does not have more authoritative numbers to prove the borrower's overdue rate, from many aspects, the borrower's overdue rate is really not low. When the borrower fails to repay the loan on time, it is difficult to get back the principal. After the P2P cleared, many capable borrowers also stopped repaying and held their money and waited for it. The ultimate goal was to "evade debts" in the chaos.

The third option is to get back part of the principal at a discount.

Although the lender can recover his investment at a discount, the huge losses are unacceptable to investors.

For example, Renrendai has opened an emergency channel, and you can go ashore with only 65% ​​off the principal. Should you refuse or quickly reduce losses? This is a difficult multiple-choice question facing the lender of Renrendai 180,000 yuan. If you want to go ashore immediately now, not only will you hope that the high interest you get will be a sham, but you will also have to bear a loss of up to 35% of the principal. It will be heartbreaking to think about it.

At present, choosing to get back part of the principal may be the best choice for stop loss at present.

talked about the borrower's sadness. It seems that the borrower is in a good mood. There is a saying that goes: those who owe money are all the uncles. This seems to be confirmed in the P2P cleaning storm. After the end of the

P2P, does the borrower still need to pay back the money?

. It is natural to pay back the debt. You have to pay back the money, but you have encountered trouble in P2P.

Professionals are frank that most P2P online lending platforms in China are actually doing credit business. Those who can borrow from online lending platforms are basically people who cannot borrow money from banks and are customers that banks look down on.

Facts have proved that most borrowers only have the ability to repay interest and rarely can settle principal and interest. When seeing the platform exit or explode, some borrowers seemed to see a good opportunity to pay back their debts, trying their best not to pay back the money, and they were unwilling to pay it back even if they had money. They knew that the industry was not standardized and the platform was going bankrupt, so they were unwilling to return it. The P2P model is small-scale decentralized lending, which makes it extremely difficult to collect debts on P2P platforms and extremely high costs. If the lawsuit is passed, the cycle is long and the collection becomes more difficult.

at the end: Although

P2P has been cleared, for us investors, we have left a lot of things worth thinking about, and lessons learned need to be learned together. Some famous sayings should be memorized in mind, and market laws must be followed carefully, and remember the greater the return, the greater the risk, so that you will not be surrounded by various complex innovations and avoid blind investment.