The consequence is great risk. The funds borrowed by microfinance can only be used for personal daily consumption, and may not be used for non-daily consumption behaviors such as stock trading and investment. Investing in stocks with the money from this loan will be regarded as a violation of the loan contract. The provided Weizhong Bank has the right to terminate the contract in advance according to the terms of the contract, and allows users to repay immediately. At the same time, a penalty interest will be charged. Personal microfinance will also face the risk of being closed.
Due to the relevant regulatory provisions of the state, bank credit loans may not flow into the securities market in violation of regulations. If banks find that consumer loans are used for stock trading, they will immediately recover the loans. Users also need to immediately settle the remaining installment principal and installment fee. It may even enter the bank blacklist. If you borrow money in the future, the bank may not lend it to you. In fact, not only the funds applied by various loan platforms are stipulated, but also the loan funds cannot be used for stock trading.
We all know that the risk of stock trading itself is very high. Let's assume that your loan can be cashed in for stock trading. Let's analyze the rate of return and see if you can take risks.
The high risk of stock trading itself, coupled with the risk of loan interest and repayment period, is very dangerous. The average person can't afford the risk. Take the most dangerous situation as an example. If the stock market coincides with the repayment period, it will produce huge losses. At this time, people in need are naturally unable to repay. If the repayment is not timely, it will affect personal credit information. If you use loans overdue, it will definitely affect your personal credit record, and your loan application may be rejected in the future.
The daily interest rate of WeChat micro-loan used here is 0.05%, and the corresponding annual interest rate is 18.25%. In fact, the real interest rate is even higher than this, because small loans have to be repaid every month. In this way, the cost of capital is very high. If you borrow money and the return on investing in stocks is less than 20%, then you will lose money. Think about it. Can stock trading guarantee such a high return? At the same time, we have to bear double risks.
To sum up, it is illegal to use the money borrowed from small loans to buy stocks, and it is forbidden to operate. Personally, it is not recommended to borrow money for stock trading.
Can I borrow money for stock trading?
Those who want to borrow money for stock trading should give up this idea as soon as possible. It's terrible to have this idea!
Stock trading is not a simple matter. In this market, we can never get rid of the rule of one win, two draws and seven losses. Ordinary people who want to support their families through professional stock trading can consider it.
Loan stocks may not be able to outperform the loan interest rate, because loan stocks cannot bear losses, and losses during trading are also common problems. In this case, the psychological pressure can be imagined. Of course, many people feel that they have found a way to trade stocks under normal circumstances, but now the market is changeable, and the appropriate method may not be suitable for the future. In particular, the short-term market style is not as unified as it was in the previous three or five years, and you may be easily deducted, and it is common to lose 20% every other day.
The first thing to consider in loan stock trading is whether you can outperform the broader market and whether you have relevant experience before. If you can't find a balance between the two, please give up as soon as possible.
I know there are a lot of poisonous chicken soup on the Internet now, but successful people don't deliberately exaggerate, but work silently. I only know one person who has successfully borrowed money for stock trading. When asked, it is commonly known as God A. However, many people ignore the premise that God A has had 3-4 experiences before, which most people have never had.
I know that people who speculate in stocks will have a wild imagination, imagining how many times they can turn over and thinking that they can outperform the market, but when they really take money to trade, the result will surprise you. At first, I had such an experience. I was still laughing the night before, and I will make a profit 15% according to my own model. But the next day, the market slapped me and rubbed myself to the daily limit. This shows that the market will not be manipulated by your subjective factors, and the final result can only be short of success.
As an experienced person, I don't recommend ordinary people to stock. Frankly speaking, it's nothing like what people do. Although you can earn a certain profit through stock trading at present, the hardships during the period are much more difficult than doing other work.
I've seen people who buy houses and stocks, but I've never seen people who borrow money to stocks. Selling houses and stocks shows that they have a certain financial background. Don't try if you want to. The conditions of people who borrow stocks are really not allowed. Of course, I won't stop you from trading stocks with leverage. After all, people with strong foundations can resist even if they lose money. However, people with a weak foundation want to cut corners and fight back, so don't think so much. Zhang Wuji in the martial arts drama is also the son of Zhang Cuishan and a disciple of Zhang Sanfeng.
Although a little negative, it is hard to persuade. Ordinary people who borrow money for stock trading must not think about it. Few people can go out. Maybe it is easier to succeed if you spend more time and experience in your familiar field!
How do personal loans flow into the stock market?
Personal loan money can be deposited in a bank card account tied to the stock market, and then transferred to the stock market. At present, banks are strict with personal loans. Often after the loan, someone will be sent to track the movement and use of your loan funds regularly. More strictly speaking, the loan is not directly transferred to the personal account, and the bank directly transfers the money to the other party. But this is all man-made. Anything can be done as long as you can get rid of the person in charge of the bank, not to mention stock trading.
Why can't bank credit funds enter the stock market?
First, the main purpose of banks to increase the amount of loan money is to promote the recovery of the real economy.
Second, if credit does not enter the real economy according to the idea of the country, it will lose the significance of investing a lot of money.
Third, the direct flow of credit into the capital market will lead to the rapid formation of the stock market bubble, and the stock market has always been based on the value of the real economy. If the real economy cannot recover, the stock market will skyrocket, which will undoubtedly accelerate the emergence and bursting of the bubble. Generally speaking, it is not conducive to the economic development of China.
Fourth, when banks increase the money supply, government behavior and profit are the second factors to consider.
The relevant requirements for loans stipulate that:
1. The borrower shall not illegally evade bank debts and misappropriate credit funds through merger, bankruptcy or shareholding system reform; It is not allowed to evade the lender's credit supervision by contracting or leasing, and repay the loan principal and interest.
2. If the loan cannot be repaid on schedule, the borrower shall apply to the lender for loan extension before the loan expires. Whether the extension is decided by the lender. When applying for secured loan, mortgage loan or extension, the guarantor, mortgagor and pledger shall also issue a written consent certificate. If there is an agreement, it shall be implemented in accordance with the agreement.
According to Article 71 of the General Rules for Loans, if the borrower is under any of the following circumstances, the lender will charge interest on part or all of the loan; If the circumstances are particularly serious, the lender shall stop paying the unused loan of the borrower and recover part or all of the loan in advance: the loan is not used for the purpose agreed in the loan contract.
Use loans for equity investment; Loans to engage in securities and futures speculation; Borrowers who have not obtained real estate business qualifications according to law use loans to operate real estate business; Borrowers who have obtained real estate business qualifications according to law engage in real estate speculation with loans; Failing to pay off the loan principal and interest as agreed in the loan contract; Borrow from each other for illegal income.
Is it illegal to borrow money for stock trading?
It is not illegal to borrow money for stock trading. Stock market lending, commonly known as "borrowing money for stock trading", refers to the mode that investors borrow money from others or brokers to operate stocks, and individuals bear the profits and losses, usually in the form of margin, and pay corresponding interest to others or brokers. At present, stock market lending is mainly divided into two types, one is brokerage financing, and the other is private borrowing money from securities accounts for stock trading.
: Conditions required by the borrower
1.1natural person aged 8-60 (Hong Kong, Macao, Taiwan, mainland China and foreigners are also allowed)
2 have a stable occupation, stable income and the ability to repay the principal and interest of the loan on schedule.
3. The borrower's actual age plus the loan application period shall not exceed 70 years old.
Information to be provided by the borrower
1. Couple ID card, household registration book/temporary residence permit, and foreigner household registration book.
Two copies of marriage certificate/divorce certificate or judgment/single certificate.
3 proof of income (format specified by the bank)
4. Copy of the business license of the unit (with official seal)
5. Credit certificate: including education certificate, other real estate, bank running water, large deposit certificate, etc.
6. If the borrower is an enterprise legal person, it must also provide the annual business license, tax registration certificate, organization code certificate, articles of association and financial statements.
Bank loan credit conditions 1, credit line. The credit line is the maximum amount that borrowers are allowed to borrow in the agreement signed between borrowers and banks.
2. Revolving credit agreement. Revolving credit agreement is a loan agreement that banks promise to provide enterprises with no more than a certain maximum amount according to law.
3. Compensatory balance. The compensatory balance is the minimum deposit balance that the bank requires the borrower to keep in the bank according to the loan limit or a certain proportion of the actual loan amount (generally 10% to 20%).
Using bank loans to stock market has indeed been done, and there are many more. However, in the end, people who make money by borrowing stocks are rarer than giant pandas, because:
1. Loan stock trading affects mentality.
Stock trading is a speculative mentality, do you agree? Loans have a time limit, and they have to be repaid when they are due. However, the maturity of the loan is not necessarily the highest price of the stock, or it may be that the stock has not made money. At this time, in order to repay the loan, we have to cut the meat to repay the loan.
2. Short-term stock trading can only make money by luck.
There is a saying in the stock market that the long-term is gold and the short-term is silver. Except for a few great gods, it is difficult to make money by speculation in the short term, and the money earned by luck will eventually be lost by strength.
Is it illegal to borrow money for stock trading? Is it illegal to borrow 65438+ 10,000 yuan for stock trading?
Stock trading is a risky investor. There is a law of "seven losses, two draws and one profit" in the stock market. Only a few people can make money in the stock market, but some investors want to earn it back with loans after losing money, but they don't think about it. So is it illegal to borrow money for stock trading? Is it illegal to borrow 65438+ 10,000 yuan for stock trading? I have prepared relevant contents for your reference.
According to the requirements of the regulatory authorities, banks have requirements for the use of loan funds. The applicant shall not use the loan funds for production, operation and investment fields that are explicitly prohibited. Borrowers need to provide proof or declaration of the use of funds, while stock trading, funds and futures belong to the investment field, so it is illegal to borrow money for stock trading.
Generally speaking, banks will strictly review and monitor the funds, and will understand our purpose during the review process. If it is found that the loan of 6,543,800 yuan is used for stock trading, we will refuse the loan, regardless of the amount.
However, if an investor borrows 654.38+million yuan from a private lending company or borrows 654.38+million yuan from a securities company for stock trading, it is generally not illegal because the loan interest is relatively high. For individuals, borrowing and stock trading is risky and generally not recommended.
Because the stock market is very risky, if you lose all the loans and stocks and you are unable to repay them, it is very uneconomical to sell your house and car, and you will lose everything. Generally, you should consider your own situation and don't use the gambling mentality to stock up.