Three Risks Should Be Avoided In Bill Financing

At present, the market of bill financing is getting more and more popular. Since 2013, when Taobao launched its bills and financial products on its treasure platform, many Internet platforms have launched bills management, and the most guaranteed condition for bills management is the bank's acceptance and payment plus low purchase threshold and high earning rate. Despite the obvious advantages of bill financing, there are still risks. The Jieyang Municipal Central sub branch of the people's Bank of China and Jieyang financial consumer rights and interests protection association reminded the vast number of financial consumers to be vigilant against the three risks of bill financing.

The first is the bill itself. problem 。 There are two problems in the bill itself: first, it is impossible to exchange false bills of exchange; the two is endorsement risk; some bills are not strictly endorsed, and there is a risk of higher risk when there is one vote or two endorsements.

The two is the risk of delayed payment. When a bank delays the payment of a draft due to the lack of specifications or tight funds, it may have an impact on the timely arrival of investors' funds.

Three is issue Credit risk of platform. Because many platforms will attract investors with ultra-high yields, but this super high yield may come from platform Subsidies may also be used by platforms to make other investments with pledge bills. This high subsidy can not be sustained, and once the issue of capital circulation occurs, it will make it difficult to repay the principal and income of investors. Therefore, we should not be tempted to pay attention to investment risks by high yield.