Yes

Banking institutions will take regulatory measures to investigate and deal with it. Using loans to buy wealth management and structured deposits, the essence of this behavior is to cash out and seek benefits, which is the key supervision object. When handling loans, banks have certain regulations on the use of loan funds by borrowers. When applying for a loan from a bank, the borrower also needs to explain the purpose of the loan funds to the bank, and also needs to provide the corresponding proof of the use of the loan funds when approving the loan.

Is it safe to buy financial management with bank loans?

If you use a loan to buy a wealth management product, it is risky and generally not recommended.

If I understand correctly, you are going to buy wealth management products with bank loans. If you are going to buy fixed-income wealth management, or if you deposit your money in the bank for regular wealth management, then your loan interest may not be repaid. If your loan interest rate is very low, buy some fixed-income wealth management, or put it in the bank for a fixed period. As long as the fixed deposit rate is higher than the interest rate of your loan, you can make money, and the bank time deposit is still relatively safe. If you want to do this, and you can ensure that your rate of return is higher than the interest rate of bank loans, then it is safer to do so, because you can clearly see the benefits of fixed income or bank regular financial management. In general, as long as its yield is higher than the interest of your loan, then we can earn the difference between us in this way. Under normal circumstances, it is difficult to do so, because the interest on loans is often higher than that of our fixed-income financial management.

If you buy some risky bond funds for financial management, the risk is not small, because even the less risky bond funds sometimes face a decline in share. Therefore, it is risky and unsafe for you to buy such financial products with loans. This is not recommended, and even if this operation is successful, you won't make a lot of money, because generally speaking, the annual yield of bond funds is not very impressive, which may be similar to your bank loan. In addition, such products.

If you use bank loans to buy stock funds or even stocks, it is highly recommended, because stock funds and stocks often face ups and downs. If it rises well, it will account for more, because most people lose money in this kind of financial management operation, and besides your own money, it will be even more irrational for you to manage your finances with your own money, so it is said that you use the bank in front of this risky investment.

So, if you buy wealth management with a bank loan, it depends on what wealth management you buy and the interest rate of your bank loan. If it is fixed income or fixed deposit, if your rate of return is greater than the interest rate of the loan, it is barely acceptable, but the income will be very low. If you want to use the loan money to buy a bond fund, it is risky and unsafe. If you want to use the loan money to buy stock funds or even stocks. This article does not constitute any investment advice, and investors should make their own decisions at their own risk.

Can loans be used to buy wealth management and make money? Do the math!

Now the internet financial market is very prosperous, and many platforms have produced loan products and wealth management products. Among them, the annual interest rate and the expected rate of return are quite different, and some online loan interest gaps are several times. Some borrowers want to ask, can loans buy wealth management? Can loans be used to buy wealth management and make money? Let's make a rough calculation.

Generally speaking, except for products with very high interest rates, online loans with an annual interest rate of 20% to 36% belong to relatively high interest rates. You don't have to calculate it, and you won't lose money if you manage money. So is it feasible for the annual interest rate to be lower than 10%?

Give an interest and find a loan from a bank financial institution, which is safe and reliable, and the interest rate is low. If you borrow 50,000 yuan a year and the annual interest rate is 8%, then the annual interest rate is about 4,000 yuan. Can financial management make money?

1, the annualized expected rate of return of most bank wealth management products is about between, and the annual interest rate of loans is 8%, which is very different and it is impossible to make money;

2. Invest in online lending platform. Now the novice bid is about 10%. You can find such products, but the security risks are great, and many online lending platforms will limit the purchase amount and duration. Generally speaking, the profit margin is relatively small;

3. The calculation of bank loans is compound interest, while the purchase of wealth management products is simple interest, which means that you owe the bank 5 cents, snowball to 694 yuan five years later and deposit 5 cents in the bank. If it is to rise to 694 yuan, it will take 2650 years, and the two will never be equal.

In these respects, banks and financial institutions have already calculated almost the same. Unless you take the risk of buying stocks and other high-risk financial management, it is difficult to have a stable profit difference. After all, there are few opportunities for empty hands. In addition, when issuing loans, banks have clear restrictions on the use of loans, and may not use loan funds for financial investments such as stocks, securities investment, futures trading, foreign exchange trading, and entrusted wealth management. Once it is discovered, it is very likely that it will never be able to handle banking business in the future, which is not worth the candle.

Is it illegal to borrow money to buy wealth management products?

I can't. The Interim Measures for the Management of Working Capital Loans stipulates that:

The lender shall agree with the borrower on a clear and legal purpose of the loan.

Working capital loans shall not be used for fixed assets, equity and other investments, and shall not be used for fields and uses prohibited by the state.

The working capital loan shall not be misappropriated, and the lender shall inspect and supervise the use of the working capital loan as stipulated in the contract.

Legal basis:

Criminal law of the people's Republic of China

Article 577 Where a party fails to perform its contractual obligations or fails to perform its contractual obligations in conformity with the contract, it shall be liable for breach of contract such as continuing to perform, taking remedial measures or compensating for losses.

Article 578 Where a party expressly expresses or shows by his own behavior that he will not perform his contractual obligations, the other party may require him to bear the liability for breach of contract before the time limit for performance expires.

Article 579 If one party fails to pay the price, remuneration, rent or interest, or fails to perform other monetary obligations, the other party may demand payment.

Article 580 Where one party fails to perform the non-monetary debt or the performance of the non-monetary debt is not in conformity with the agreement, the other party may request performance, except in any of the following circumstances:

(a) It is legally or practically impossible to perform;

(2) The subject matter of the debt is not suitable for compulsory performance or the cost of performance is too high;

(3) The creditor fails to request performance within a reasonable time limit.

In case of one of the exceptional circumstances specified in the preceding paragraph, the purpose of the contract cannot be achieved, the parties or the arbitration institution may request to terminate the rights and obligations of the contract, but the liability for breach of contract shall not be affected.

Article 581 Where one party fails to perform the debt or the performance is not in conformity with the contract, and the performance cannot be enforced according to the nature of the debt, the other party may request it to bear the expenses to be performed by the third party.

Article 582 Where the performance is not in conformity with the agreement, it shall bear the liability for breach of contract in accordance with the agreement of the parties. If the liability for breach of contract is not stipulated or clearly stipulated and cannot be determined according to the provisions of Article 510 of this Law, the injured party may reasonably choose to require the other party to bear the liability for breach of contract such as repair, rework, replacement, return, price reduction or remuneration according to the nature of the subject matter and the size of the loss.

Article 583 Where one party fails to perform its contractual obligations or fails to comply with the contract, and after performing its obligations or taking remedial measures, the other party still suffers other losses, it shall compensate for the losses.

Article 584 Where a party fails to perform its contractual obligations or fails to perform its contractual obligations in conformity with the contract, thus causing losses to the other party, the amount of damages shall be equivalent to the losses caused by the breach of the contract, including the benefits that can be obtained after the performance of the contract; However, it shall not exceed the losses that the breaching party foresaw or should have foreseen when concluding the contract.

Can the money from bank loans be used to buy wealth management?

It is a breach of contract for banks to borrow money to buy wealth management, but it is not illegal.

1. Applying for a loan from a bank must have a clear purpose. Banks expressly stipulate that loans cannot be used for securities, futures, equity investment, etc. Therefore, it is not feasible to buy wealth management products with bank loan funds.

Besides, bank loans cannot be used for real estate development. General bank loans can only be used for personal consumption and enterprise production and operation. Loans applied by individuals are generally used to purchase large-scale consumer goods, home improvement, travel, study abroad, etc.

When people apply for a loan in the bank, they must provide the corresponding loan purpose, otherwise the bank review may not pass. If the bank loan funds are used for prohibited purposes, once discovered, the borrower will have to bear the corresponding consequences.

If you don't have any funds at present, it's important to save money first, and it's not too late to invest in financial management when you have enough funds. Although you can also borrow money from others to manage your finances, investment is risky after all, and if you lose money, you will lose more than you gain.

First, general bank loans are project mortgage loans, all of which have clear specific investment, and general lenders are not allowed to change the loan investment without authorization. Investment and financial management are not allowed. Because investment and financial management are very risky, banks are undoubtedly very clear about this.

Second, bank loans are not allowed for wealth management, which is a clear regulation made by CBRC to avoid investment risks. If you use bank loans for investment and financial management, if you are found by the regulatory authorities, you may face severe punishment from the regulatory authorities.

Third, self-investment and financial management is undoubtedly very risky. The yield of generally safe wealth management products is generally lower than the bank loan interest rate. The risk of wealth management products with high annual interest rate is really too great, and it is possible to lose everything.

At present, the benchmark annual interest rate of general bank loans has reached 4.9%. If it goes up by 20%, it will be 5.88%. If it rises by 30%, the annual interest rate is 6.37%. The existing relatively safe short-term wealth management products generally have an annual interest rate of about 4.3%, which is simply not as high as the annual interest rate of loans.

Therefore, if you go to the bank for a safer financial management, you will undoubtedly lose money. If you are engaged in high-risk and high-yield financial management, the risk of losing all your money is great. Therefore, if you illegally borrow money to manage your finances, there is no doubt that your loss risk is very large and you will face severe punishment.

This is the end of the introduction about using the loan money to buy wealth management products and whether the loan money will be recovered. I wonder if you have found the information you need?