Supervision has been upgraded, and major app stores have checked and removed illegal “loan apps” overnight.

According to news from this website on June 28, Blue Whale Finance stated that all app stores suddenly received instructions this afternoon to conduct a comprehensive inspection of small loan products. Loan apps that do not meet the review qualification requirements will be directly removed from the shelves, which may Bring drastic changes to the existing loan industry.

According to reports, this rectification action mainly targets the situation where small loan companies divert users to unqualified third parties in the apps they operate. Since this situation is an unspoken rule in the industry and involves many companies, a large number of platforms are in danger and investigation work has been carried out overnight.

As far as this site knows, lending financial apps have always been subject to strict scrutiny by regulatory authorities. A very important point is to review the "license qualifications" of the App operating entities, which also requires their operating entities to provide relevant financial services to the application distribution platform. Only with qualifications and certificates can the App version be put on the shelves or updated.

In the early days of the special rectification of Internet financial risks, some institutions used the "Internet Financial Special Rectification Inspection Notice" (or similar regulatory documents) to replace the listing qualifications and then achieve listing, but this situation did not last for a long time.

Later, in order to solve the problem of app launch and update, some loan assistance and loan super institutions that did not have licenses began to try to acquire licenses, or negotiate cooperation with companies holding small loan licenses. The cooperation methods included charging annual fees or Pay monthly "technical service fees" to the licensee, and launch your own loan app through this partnership. This model has been going on for many years.

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