Fake. Judging from the product introduction, "You have money to pay back" is a debt clearing tool. It is aimed at people with loan debts. Through the concept of Internet crowdfunding, many debtors can work together. *** came ashore to pay off his debts.
According to data, the first business segment of “Repay When You Have Money” is crowdfunding repayment or smart repayment. Users need to invest 400 yuan in the initial stage and bring in at least three other debtors to crowdfund the repayment. First, a debtor adds a plan to initiate crowdfunding. The debts include home loans, car loans, credit cards, or other online loans. The system will automatically generate a repayment plan and display how many repayment stages there are ( There are at most nine stages in total***).
The key point is that before initiating the plan, the user needs to pay a fee of 400 yuan, which is divided into two 200 yuan. The first 200 yuan is paid to your recommender (i.e. your previous home provider). ), the second 200 yuan is paid to the person at the top corresponding to the number of stages in your repayment plan.
In other words, if you *** have four stages, the first 200 yuan will be paid to your direct upline D, who is developed from A-B-C, and the second 200 yuan will be paid to Counting up to the fourth Mr. A. If *** has nine stages, the second 200 yuan will be paid to the person on the ninth level from your line.
In order to mobilize everyone's enthusiasm, the platform will pull users into the WeChat group, and then the content on the screen will basically be "XXX is successful, XXXX is listed, how much money has been raised by XXX" to stimulate debtor. Under the guise of crowdfunding and mutual aid, we are making money from debtors.
Extended information
"If you have money to pay back" has also launched the second business segment - 0-rate card repayment. The gimmick of this business is 0-rate credit card repayment , or help people repay loans and earn interest.
Based on the product introduction information, lender A can use 10 of its credit card limit to help debtor B repay the loan. After a cycle (usually 30 days), A will recover the loaned funds and Earn 20% interest, and after deducting the credit card interest you need to pay, you can also earn some additional interest income. This is actually the source of the 0-rate card return.
However, the core of this business is the guarantee deposit in the picture above. According to the ratio shown in the picture above, A can only lend out 1,000 yuan if he has a guarantee deposit of 200 yuan. So where does the 200 yuan guarantee come from? Is it real money paid by A? This 200 yuan deposit is actually a capitation fee!
A can get a 50 deposit by recommending a user to activate, and users who indirectly promote can also get a 50 deposit by activating. This also means that if A wants to lend funds, he must directly or indirectly recommend 4 users and activate this function to obtain a 200 yuan deposit.
If the remaining four users also want to lend funds to earn interest, they must also directly or indirectly recommend the other four users and activate this function. After A recovers the interest of 200 yuan, the margin will be deducted by 200 yuan accordingly. Therefore, if A wants to lend funds again, it must attract 4 other users.
Theoretically, this business will inevitably form a fund pool, because there is a fixed cycle for lending funds. During this cycle, participants continue to promote new users, and the fund pool will grow rapidly. This is also the reason for A lending Source of interest on funds 20.
The design of this business is actually simpler and cruder than crowdfunding for repayment, because crowdfunding card repayment person B will not be willing to accept the fund price of 20 monthly interest, so on the surface it is A borrowing money from B. Crowdfunding repayment is actually more similar to a "Ponzi trick". As long as the platform can continue to attract people, the capital chain will not be broken.
People's Daily Online - Magical "crowdfunding repayment": spend 400 yuan to repay 4 million