After failing the college entrance examination, he spent tens of billions of dollars in online loans

"Mr. Zhao!"

"Currently we have received a total of 50 billion in deposits!"

"And now the backend has received 30 billion redemption applications!"

“This means that half of the users are already redeeming!”

“And we simply don’t have enough money to pay for it!”

The vice president said with a frustrated look, there is really nothing we can do about it.

These users don’t want any interest, and are desperately trying to redeem it.

Don't they allow redemption? The other party doesn't even want the interest rate.

It is clearly stated in the contract that if you redeem it early, you will immediately give up the interest.

"what!"

"30 billion redemption!"

"How much liquidity do we still have on our account!"

Zhao Feiyu was so anxious that he almost jumped up. He stood up and walked around, looking shocked and asking worriedly.

"Mr. Zhao!"

"Currently we only have 5 million in liquidity!"

"Some of the loans were already due!"

“Many companies fail to repay on time!”

"Obviously it was also affected by the bankruptcy crisis!"

In fact, among all online loan platforms, the largest loan customers are still enterprises.

A company can lend out millions or even tens of millions

This is easier to monitor than an individual

They can directly go to the site to conduct investigations and confirm that the other party's business conditions are okay before issuing a loan.

Enterprises also need financing, and bank financing requires mortgage

The threshold for these online loan platforms is very low.

It is easier to borrow money, the only disadvantage is that the interest rate is higher

Now they hear the news that the platform may collapse

Naturally, I want to observe it again.

If it really goes bankrupt, let’s not say whether they will pay back their money.

At least you don’t need to pay it back right away.

The longer the money is held in their hands, the more money they can make.

No business owner would be willing to return it early

They all want to give it a try

This also greatly reduced the liquidity of the platform, which originally maintained a liquidity of 10 billion.

But now that no one is paying back, the problem is serious.

"5 billion!"

"Too little!"

"This is simply not enough!"

"In case of a run crisis!"

"The platform may explode directly!"

Zhao Feiyu couldn't sit still. He knew the situation of the platform too well.

In order to compete, each company actually does not make money. Now it is just relying on continuous expansion to attract financing.

Make money by selling shares

If you persist until the end and go public directly, that will be the real success.

Once it is unable to redeem users, the platform cannot cover up various losses.

I'm afraid that the bottom bank will be uncovered.

"Mr. Zhao!"

"We should stop issuing loans now!"

"Collect the loan with all your strength!"

"Only in this way can this crisis be solved!"

The vice president said seriously that lending is no longer important now, collection is the most important.

Once you have money, you just need to let users know that it can be redeemed and withdrawn.

They allow users to save money second-hand. As long as they maintain their credibility, everything can be turned back.

"It seems like this is the only way!"

"Stop all loan disbursements immediately!"

"Go all out to collect!"

“The redemption credit date has been extended!”

“The more funds you have, the longer the redemption time will be!”

“For small funds, you can redeem it according to yes!”

Zhao Feiyu made a decision quickly

They cannot blindly stop all redemptions and deposits into their accounts.

That way all fools will know something is wrong.

Today’s 5 million funds can definitely allow those with small withdrawals to get their accounts first.

As long as there are still people arriving, someone will come to refute it.

There has been no crisis yet

They also have excuses to make

"Yes!"

"I'll do it right away!"

Suddenly, the vice president took action.

It's just that at this time, the media across the country are gathering together to immediately borrow money.

Now is the craziest era for online lending.

Now a platform with enough strength to rank among the top [-] in the country

But there is a crisis of trust, and everyone is paying attention

Once you make a start, it may lead to an uproar.

"Mr. Zhao, may I ask if there are any serious bad debts on the platform?"

"Mr. Zhao, can the platform redeem it to my account?"

"Please respond to the rumors outside!"

“Please respond if there is a funding crisis on the Madaidai platform!”

"Mr. Zhao, if the platform is about to explode, please respond 1"

Reporters will not give Zhao Feiyu face.

This is a platform involving tens of millions of people. At this time, protecting the interests of users is the first priority.

They just want to know whether the platform can continue to operate

Zhao Feiyu was naturally not in the mood to respond.

However, the vice president stood up and responded. This is also a must.

Otherwise this will just become more and more mysterious.

Users’ emotions must be appeased

"My fellow journalists!"

"A vast number of users!"

"Everything is normal on the platform!"

"The rumors outside are untrue!"

“We maintain a respectful attitude toward users’ redemption of funds!”

"We will try our best to meet the demand, but there are too many redeeming users!"

"We will extend the redemption period!"

"We remind you again that forced redemption before maturity is a breach of contract!"

"We have the right to deduct part of the liquidated damages!"

“This will bring losses to users, please redeem with caution!”

There is no way, the platform is really short of money.

Now, naturally, we have to find ways to make redemption more difficult.

On the one hand, you have to queue up. On the other hand, if you simply raise the requirements, you will have to deduct money.

It’s not just a matter of no interest anymore

Instead, a 1% penalty will be deducted

According to what everyone has discussed

If you withdraw 10 yuan, you will directly lose 1000 yuan.

Many people have to hesitate

For a capital scale of 50 billion

If all is implemented, they can deduct 1000 million in liquidated damages.

This is also an extra income.

But this statement has aroused the anger of more users.

“It’s too bad, I’ll directly deduct 1% of the liquidated damages!”

"It's dark, but no matter how dark it is, you still have to withdraw cash. This is obviously because you don't want us to withdraw cash on purpose!"

"Yes, I can't bear the 1% liquidated damages now. I'm afraid you won't even get 99% of the principal back later!"

"The less you want us to withdraw money, the more we insist on withdrawing it. This is experience. If you don't obey, you will lose everything!"

"Sure enough, these online loan platforms have become shameless and have tried to stop us in order to prevent us from withdrawing cash!"

“Withdraw cash, if you don’t withdraw cash, the principal will be gone!”

The threat of immediate loan has indeed made some users hesitate.

After all, money will be deducted.

Especially those that are due in a month or two. If you really redeem them at this time, you will probably lose money.

But for those with large funds, there is no hesitation at this time, so they must redeem it.

They can see greater risks

As the largest loan customer of Immediate Loan!

Liu's real estate has become Zhao Feiyu's hope

Because half of the platform’s funds were spent on Liu’s Real Estate.

As long as the other party can pay back the money in advance, the crisis can be solved immediately