Operating four years old platform 808 credit October appear difficult to cash in the amount to be

Abstract: Jiangsu Balingba Investment Co. Ltd. is the original Jiangsu million letter Agel Ecommerce Ltd changed its name, registered by the Huaian municipal Industrial and Commercial Bureau, founded in May 2011, the enterprise legal person is Lin Guoqing, a registered capital of 25 million yuan, 808 credit platform belonging to the Jiangsu Balingba investment company limited.

 

The latest

network home loan data show that as of the end of October 2015, China’s P2P net loan industry platform for the normal operation of a total of 2520, the number of platforms in the top three provinces and cities, is still in Guangdong, Shandong and Zhejiang, respectively 471, 322 and 296. Beijing, Shanghai, respectively, 286, 204, ranked fourth, fifth. Jiangsu was sixth, with 134. According to statistics, in October this year, a total of 47 new problems platform. But at the end of October 2015, the cumulative platform reached 1078, the cumulative number of P2P net loan industry platform to reach 3598 (including platform).

from the perspective of the distribution of the platform, in October, Guangdong broke out 12 problems platform; and the same period, Shandong burst 10 problems platform, a decline last month. In addition, both Beijing and Shanghai followed Guangdong and Shandong with 5 platforms, while Jiangsu had only 1.

just the past October, the most sensational industry is undoubtedly the old platform, 808 credit appeared difficult to withdraw, the platform on-line time more than 50 months, to be more than 400 million yuan.

official website information, Jiangsu Balingba Investment Co. Ltd. is the original Jiangsu million letter Agel Ecommerce Ltd changed its name, registered by the Huaian municipal Industrial and Commercial Bureau, founded in May 2011, the enterprise legal person is Lin Guoqing, a registered capital of 25 million yuan, 808 credit platform membership in Jiangsu Balingba Investment Co. ltd..

 

808 credit official website screenshot

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" recently due to the platform after a few large loans overdue, resulting in some investors in the platform to withdraw a different degree of delay." In October 16th, the 808 credit was stated in the notice on the platform special term presentation rules.

to limit withdrawals 808 credit event, said in the announcement, is entirely due to the leadership of the company due to the lack of awareness of the crisis, not fully prepared, at the same time, sincerely look forward to all investors can give the leadership of the company in 20 days (October 17th to November 5th) the precious time for raising funds, the court pronounced effective treatment the creditor’s rights and corporate and personal assets, the normal operation of the company to fully recover.

followed by 808 rapid transfer of credit on-line debt function, investors can hand creditor’s rights to 20 percent off, 10 percent off discount transfer, and in October 22nd formally launched debt equity swap program.

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