Part of the platform has exceeded 20% P2P bad debt and how much bad debt hidden underwater

high income, low threshold, bad debt is still very low or even zero, so beautiful in the P2P industry is very common. The day before the financial report 360 released a wake-up call for the market, currently part of the P2P platform bad debt rate has been about 20%. Even more worrying is that the current P2P industry assessment criteria vary, more problems may not yet surfaced.

part of the platform bad debt rate of over 20%

melt 360 released the latest net loan rating report shows that P2P net loan industry overall bad debt rate is rising, some of the platform’s bad debt rate of about 20%.

in fact, the bad debt ratio is an important indicator of the financial sector, even in the management of commercial banks, the bad debt rate in recent years, there has been a significant rise. Beijing region, a P2P platform CEO bluntly, as a financing agency, P2P bad debt can not be, but to see how to control bad debts, P2P industry debt is more than 10% of the normal.

chairman Wang Sicong pterosaur loans also bluntly, especially in 2015 the stock market improved, the total fixed financing loan funds face tight, resulting in the problem of a large number of non-performing loans, the loan, may be reaching the highest debt rate this year, the P2P industry’s bad debt rate can reach 10%. For the 20% rate of bad debts that said 360 financial report, Wang Sicong considers it likely that P2P services industry is the secondary customers outside the bank customers, especially in the economic downturn, the hot stock market, funds face tight in the background, the possibility of substantial increase in bad debts.

financial fan founder CEO Lei Lei confirmed that the industry does have some well-known large platform bad debt rate of about 20%, and with the deterioration of the economic situation in the second half of this year, the bad debt ratio or will further exacerbate.

bad debts identified platform

in fact, after a lot of P2P executives have said that the bad debt rate is very low, less than 3%. But in fact, P2P industry is the lack of uniform standards in the calculation of the rate of bad debts, bad debts rate for each platform standard definition and method of calculation of gap, in the formula, P2P platforms generally use the total amount of bad debts divided by total loans, but in late time the choice is not a standard, for more than 3 months, ranging from 6 month, 9 months, 1 years, so the time is long overdue platform set the rate of bad debts will be lower.

at the same time, 360 related financial analysts said, in addition, the total amount of loans in the denominator of choice, many platforms do not consider the same account of the bad debt rate, but the total loans as the denominator, not due and not overdue for a certain time volume (say 1 months) in the denominator to the rate of bad debts. In this calculation, the platform will have a greater impulse in a short period of time to make up the scale of lending, the bigger the denominator, thereby reducing the platform bad debt rate, this "impulse" approach can easily lead to the decrease of the audit standard creditor project, resulting in greater rate of bad debts risks.

high income, low threshold, bad debt is still very low or even zero, so beautiful in the P2P industry is very common. The day before the financial report 360 released a wake-up call for the market, currently part of the P2P platform bad debt rate has been about 20%. Even more worrying is that the current P2P industry assessment criteria vary, more problems may not yet surfaced.

part of the platform bad debt rate of over 20%

melt 360 released the latest net loan rating report shows that P2P net loan industry overall bad debt rate is rising, some of the platform’s bad debt rate of about 20%.

in fact, the bad debt ratio is an important indicator of the financial sector, even in the management of commercial banks, the bad debt rate in recent years, there has been a significant rise. Beijing region, a P2P platform CEO bluntly, as a financing agency, P2P bad debt can not be, but to see how to control bad debts, P2P industry debt is more than 10% of the normal.

chairman Wang Sicong pterosaur loans also bluntly, especially in 2015 the stock market improved, the total fixed financing loan funds face tight, resulting in the problem of a large number of non-performing loans, the loan, may be reaching the highest debt rate this year, the P2P industry’s bad debt rate can reach 10%. For the 20% rate of bad debts that said 360 financial report, Wang Sicong considers it likely that P2P services industry is the secondary customers outside the bank customers, especially in the economic downturn, the hot stock market, funds face tight in the background, the possibility of substantial increase in bad debts.

financial fan founder CEO Lei Lei confirmed that the industry does have some well-known large platform bad debt rate of about 20%, and with the deterioration of the economic situation in the second half of this year, the bad debt ratio or will further exacerbate.

bad debts identified platform

in fact, after a lot of P2P executives have said that the bad debt rate is very low, less than 3%. But in fact, P2P industry is the lack of uniform standards in the calculation of the rate of bad debts, bad debts rate for each platform standard definition and method of calculation of gap, in the formula, P2P platforms generally use the total amount of bad debts divided by total loans, but in late time the choice is not a standard, for more than 3 months, ranging from 6 month, 9 months, 1 years, so the time is long overdue platform set the rate of bad debts will be lower.

at the same time, 360 related financial analysts said, in addition, the total amount of loans in the denominator of choice, many platforms do not consider the same account of the bad debt rate, but the total loans as the denominator, not due and not overdue for a certain time volume (say 1 months) in the denominator to the rate of bad debts. In this calculation, the platform will have a greater impulse in a short period of time to make up the scale of lending, the bigger the denominator, thereby reducing the platform bad debt rate, this "impulse" approach can easily lead to the decrease of the audit standard creditor project, resulting in greater rate of bad debts risks.

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