Chen Shaojie thought about it, but still said his own opinion: "According to my observation in Southeast Asia and India, these small and medium-sized players just want to make a profit, and they don't plan to operate for a long time.

Interest rates can be set as high as they can, and they don't think about the long-term flow at all.

At first, the local users in Southeast Asia were still very honest, and the overdue rate was not high.

The collection of collectors they organize is also very simple, directly threatening with religious beliefs: a dishonest person, your god will not forgive you.

The effect is very good, and those Indonesians who believe in the green religion will honestly pay back. ”

Zhang Yida wants to laugh a little, is it so magical?

Domestic collection is used to deal with the old lai, but the eighteen classes of martial arts have been used, and there is still no way to take some uncles who owe money.

Chen Shaojie said with a smile, "But as the number of cash loan companies entering Indonesia began to increase, these methods gradually became ineffective."

Some companies have started to blow up user address books, and have also used instant chat apps such as Wattsp to intimidate and threaten customers, sending Yellow pictures to some female borrowers.

According to the regulatory requirements of the OJK in Indonesia, there are also restrictions on collection, and more than 6 borrowers' relatives and friends cannot be called, and they must be called during the specified working hours, not on holidays, and the frequency of calls is also limited.

These regulatory requirements were also promulgated by OJK officials after inspecting China's fintech market and noticing the financial chaos in our country.

We have experienced the pains of development, and they also intend to avoid the painful lessons that we have encountered. ”

Zhang Yida nodded and asked, "What about the users?

Chen Shaojie shook his head, "It's difficult, it's always rising, it's an inevitability."

Now Indonesia alone has poured into nearly 1,000 small and medium-sized players, who don't care about risk control at all, as long as they are individuals, they will lend.

This has led to the emergence of long borrowers, loan fraudsters and cheaters.

Their refinancing rate is higher than that of China, and it is normal for a person to borrow more than a dozen or twenty times from a platform.

These users are basically long-term borrowers, and will borrow 11-12 platforms within 7 days.

Indonesia's per capita income is lower than that of China, and the monthly income of a white-collar worker is about 3,000 yuan.

In such a situation, Indonesia's long borrowers are more likely to burst. ”

Zhang Yida frowned and asked, "These players didn't share blacklist data and build an alliance?"

Chen Shaojie spread his hands, "It's still too short to enter, and each other's vigilance is very heavy."

Didn't some of them start to make a blacklist of the industry in our country? Some of their black-hearted players began to operate and put high-quality customers on their own platforms.

Then other platforms won't lend money to these high-quality customers, and they can dominate these high-quality customers on their own.

Obviously the qualifications are very good, but I can't borrow money on other platforms, and only one platform keeps increasing the quota for myself.

If you were a user, what would you choose?

So the good blacklist sharing mechanism has been polluted by some ill-intentioned people, and everyone no longer believes in these so-called alliances, they are all routines.

In a foreign land, each other's wariness will only increase, and they will all do their own thing. ”

Zhang Yida didn't speak, this line is gray, and it is indeed chaotic.

"How are we doing to prevent long lending?" Zhang Yida is more concerned about this.

"Fortunately, one is that the risk control technology has advantages, unlike those small and medium-sized players who directly buy other people's systems. ”

Speaking of this, Chen Shaojie smiled, "Thanks to Tiance Technology, we have sold so many systems, and our database is very rich." ”

Zhang Yida didn't answer, and Chen Shaojie didn't mention it again.

But this kind of thing is normal, and to enjoy the high-quality service provided by the giants, you have to contribute some data to me.

Zhang Yida still has a bit of a conscience, he didn't sell the system in China to harm his compatriots, and he didn't bother to care about the life or death of foreigners.

I just sell tools, and I can't control what I do with them.

He doesn't have a habit of moral cleanliness, and he is called promoting the progress of international financial technology.

"In addition, we have formed a small alliance with several leading platforms such as Yimin Netfinance, Yimin Bank, Papshou Loan, and Yiyin Loan.

We have been cooperating for so many years, and we are more at ease with each other, coupled with the help provided by Tiance Technology, we and Yimin Netgold are definitely the two best in controlling long lending. ”

Zhang Yida nodded slightly, Ruixiang did not lend directly, these two companies are Ruixiang's white gloves.

In case something happens, it's also convenient to shake the pot.

"You said loan fraudsters, Southeast Asia has started to have these?"

Zhang Yida smiled and said, "Didn't you say that the natives are very simple?"

Chen Shaojie's head shook like a rattle, "In Indonesia, the cost of forging a set of ID cards, work certificates, and tax cards is only 5-10 US dollars.

In general, the initial loan amount of the platform is generally about 500 yuan, which can fully cover the cost, which gives rise to the fraudulent loan industry chain.

For example, face recognition and liveness detection in China are limited by cost on the one hand, and local infrastructure on the other hand, and the data of relevant departments cannot be connected, so they cannot be used.

These loan scammers fall into two categories.

One is the Chinese who used to collect wool, and they will hire local Chinese as intermediaries, give some money to local natives, and borrow ID cards to pay for them.

There is also a group of self-taught locals.

However, they can only engage in small and medium-sized platforms, and they can't engage us, and we have a very deep technical accumulation in anti-fraud loans. ”

Chen Shaojie shrugged his shoulders, "So if small and medium-sized platforms want to make money and cover bad debts, they can only intensify the lending interest rate and more intensive collection." ”

He looked at Zhang Yida and said very seriously: "What I'm most afraid of at present is like China's bad money driving out good money, causing something to happen, and being directly cut by Indonesia's OJK." ”

Zhang Yida was silent for a long time before saying, "It is very similar to the development trajectory of China's Internet finance, and it is faster."

After years of development, China's Internet finance ushered in a short-term boom, followed by decline.

The Southeast Asian market, at present, is directly forced to mature, and the boom period may be shorter than that of our country.

Next, control the pace of development, put the safety of the principal first, and only lend to high-quality customers. ”

Chen Shaojie nodded, "That's no problem, I'm just afraid that if we cultivate the market well, it will be destroyed, and we haven't had time to harvest it yet."

Home Credit is so wild in our country, it also holds a consumer finance license, uses Chinese trusts and bank funds to lend, and its employees are also Chinese.

It completely provides a model, and then sits back and enjoys the profits for so many years. ”

The corners of Zhang Yida's mouth twitched, "The national conditions are different, our country is relatively friendly to the business environment for foreign investment, which is also one of the reasons why our country can rise rapidly."

Other countries should have been developed a long time ago if they were to be so smart. ”

That being said, Zhang Yida is also a little worried that the good situation in Southeast Asia will be ruined.

The country is about to be unable to stay, and Southeast Asia will be expelled again, so there is really only one way to provide financial technology services to the third brother and Xiaohei.

"It's better to put more effort into the country and take the road of loan assistance. Zhang Yida thought about it and reminded him.

Chen Shaojie said "um" and said: "We are still walking on two legs, limited by supervision and fierce competition, the profits of domestic business have been declining, and the scale will not go up for a while."

At present, all the funders have been converted into licensed financial institutions, and the cooperation with P2P has been completely suspended. ”

Zhang Yida nodded, as long as the cooperation with P2P is terminated, and the loan is not more than 36% per annum as required by the regulator, there is no big problem.

Yimin Loan and Yimin Wealth are okay, and they don't need to wipe their butts, and the other two will be more troublesome.