Produced by | Consumer Finance Channel
Excessive collection of user information
According to the data, the specific reason why Xiaoyu Online Loan was notified this time was that it did not clearly disclose all the privacy rights applicable to users, did not provide effective functions of correcting, deleting personal information and canceling user accounts, or set unreasonable conditions when users canceled their accounts. 202 1,1The Personal Information Protection Law clearly stated that it is not allowed to collect personal information excessively, make a blanket authorization, force consent or stifle big data. If Xiaoyu online loan fails to rectify within the time limit, it may face suspension or termination of service provision, and will face high fines if it refuses to rectify.
Xiaoyu online loan is a credit product of Xiaoyu small loan. Xiaoyudian Small Loan was established on 20 15, 12, 1 1, with legal representative Xie Libin and registered capital of USD 300 million. When Kloc-0 opened in September, 20/6, it obtained the national online loan license. According to official website information, Xiaoyu Online Loan is actually controlled by Lee Shau Kee family represented by Li Ka-shing, and it is shown as a wholly-owned subsidiary of Digital Network Finance Co., Ltd. in the enterprise survey.
According to the official information of Xiaoyu Small Loan, at present, Xiaoyu Small Loan has accumulated loans of 654.38+000 billion yuan and accumulated service users of 654.38+000 million. On June 65438+1 October1this year, Xiaoyudian Small Loan issued an announcement to absorb and merge Chongqing Yuzhong District Dai Jie Small Loan Co., Ltd. (hereinafter referred to as "Dai Jie Small Loan"), including Dai Jie Small Loan.
According to the data, Dai Jie Small Loan was established in 20 1 1, with the legal representative Xie Rudong and the registered capital of 65.438+0.5 billion yuan. It is also a wholly-owned subsidiary of Guo Sheng Financial Services Group Co., Ltd. Although the announcement did not give the reason for the merger of the two small loan companies, due to the current market environment, it may be due to the requirements of the new regulations on small loans for registered capital. With the trend of small loan supervision,
Strengthen judicial collection
It is worth noting that there are many judicial appeals related to Xiaoyu's microfinance, but most of them adopt mediation or withdrawal, and the real amount of judgment documents is less. According to the description of the relevant borrower, Xiaoyu Small Loan sued the court after the user was overdue. Generally, borrowers will take the initiative to make up the arrears for fear of judicial collection, and Xiaoyu Small Loan will also take the initiative to withdraw the lawsuit after recovering the arrears.
The medical beauty loan scene of Xiaoyu Small Loan is also an important area of its judicial collection. In a judgment of China Judgment Document Network, Xiaoyudian Small Loan lent Cao 44,240 yuan for facial plastic surgery through Chengdu Jimi Financial Service Outsourcing Co., Ltd. (hereinafter referred to as "Chengdu Jimi Finance"). The money was lent to the corresponding account of Chengdu Jimi Finance, but the actual account was only 35,000 yuan, which was suspected of high beheading interest and service fees.
According to relevant information, the cooperative institutions of Xiaoyu Small Loan include Shanghai Tongshan Internet Financial Information Service Co., Ltd. (Tongshan Finance), Chengdu Gemi Financial Service Outsourcing Co., Ltd. (product: buy buy Branch), Fujian Xuecheng Chuangxiang Information Technology Co., Ltd. (product: find me to learn) and Liaoning Xinyou Asset Management Co., Ltd. (product: orange installment). There are many cooperative institutions, which lead to an increase in their non-performing rate and judicial collection to some extent.