CA2987465A1

CA2987465A1 - Repayment processing method and system

Info

Publication number: CA2987465A1
Application number: CA2987465A
Authority: CA
Inventors: Yi Zhang
Original assignee: 10353744 Canada Ltd
Current assignee: 10353744 Canada Ltd
Priority date: 2015-05-29
Filing date: 2015-05-29
Publication date: 2016-12-08
Anticipated expiration: 2035-05-29
Also published as: CA2987465C; WO2016191948A1

Abstract

A repayment processing method and system, belonging to the technical field of finance. The method comprises: after receiving a notification that a second participant is partially repaying instead of a first participant within a preset loan deadline, transferring a portion of frozen funds corresponding to a bank credit certificate to a funds management account according to a repayment amount (S101); if the remainder of a repayment is received from the first participant within a preset payment request deadline, unfreezing the remainder of the frozen funds corresponding to the bank credit certificate (S102); if the remainder of the repayment has not been received after the preset payment request deadline has passed, transferring the remainder of the frozen funds corresponding to the bank credit certificate to the funds management account (S103). The method introduces the bank credit certificate to guarantee the lending transaction, provides a flexible means for the second participant to partially repay instead of the first participant and the first participant to repay the remainder, and increases the reliability of repayment success, thereby reducing the risk to the loan funds, and enabling the lending transaction to be more secure.

Description

Repayment processing method and system Technical Field [0001] The present invention relates to the field of financial technology, and more particularly to a method and system for repayment.
Background Technology

[0002] Traditional lending generally refers to a way in which funds are lent to the debtor to receive fixed income, mainly including bank lending and private lending. When the borrower initiates the settlement requirement and the lender intends to lend to the borrower, the two parties shall reach a loan transaction by oral or written agreement.
If the borrower repays the loan according to the agreed term, the lender receives the loan principal and interest if the borrower fails to repay as per agreed term, its recovery period will be extended without limitation. The advantage of traditional borrowing is that there is a fixed income, but because of the lack of financial guarantee and regulatory mechanisms, especially in private lending activities, the repayment period is extended indefinitely, or the direct lender is difficult to recover the loan frequently, resulting in the proliferation of borrowing default, and the lender's loan funds are not safeguarded.

[0003] Thus, there is a need for an improved loan repayment approach at this stage to increase the borrower's default costs and reduce the risk of loan funds, making lending transactions safer.
Technical problem

[0004] In view of this, the technical problem to be solved by the present invention is to provide a loan repayment method and system to increase the default cost of the First Participant and reduce the risk of the loan fund.
Problem solving solution Technical solutions

[0005] The technical solution of the present invention to solve the above-mentioned technical problems is as follows:

[0006] According to another aspect of this invention, there is a network payment method based on the same Funds-Management servers, and the method is comprised by following steps:

[0007] After receiving the notification for the Second Participant replacing the First Participant to make partial repayment within the pre-set loan period, the part of the frozen funds corresponding to the Bank Credit Certificate shall be unfreeze according to the repayment

8 PCT/CN2015/080309 amount;
[0008] If receive the remaining repayment of the First Participant within the dunning period, unfreezes the corresponding remaining frozen funds of the Bank Credit Certificate;

[0009] If do not receive the remaining repayment after the pre-set dunning period, then allocates the remaining frozen funds corresponding to the Bank Credit Certificate to the fund management account;

[0010] Among them, the Bank Credit Certificate is the Second Participant to its account funds or credit limit as a deposit to the Funds-Management server and by the Funds-Management server to open the electronic commitment payment certificate.

[0011] According to an aspect of the present invention, there is provided a loan repayment system for use in a Funds-Management server comprising the following modules:

[0012] The first repayment processing module is arranged to receive the part of the repayment of the Second Participant in lieu of the First Participant within the pre-set loan period after the partial repayment, according to the amount of repayment, part of the frozen funds corresponding to the Bank Credit Certificate shall be allocated to the funds management account;

[0013] The second repayment processing module configured to unfreeze the remaining frozen funds corresponding to the Bank Credit Certificate if the remaining repayment of the First Participant is received;

[0014] The default processing module is configured to allocate the remaining frozen funds corresponding to the Bank Credit Certificate to the fund management account if the repayment is not received after exceeding the pre-set dunning period and synchronize the default record of the First Participant to the fund management credit system;

[0015] Among them, the Bank Credit Certificate is the Second Participant to its account funds or credit limit as a deposit to the Funds-Management server and by the Funds-Management server to open the electronic commitment payment certificate.
The beneficial effect of the invention Beneficial effect

[0016] In this repayment processing method and system, the introduction of Bank Credit Certificate guarantee for lending transactions, can increase the default cost of the First Participant, while providing the Second Participant to replace the first part of the flexible repayment of the First Participant can increase the repayment of the loan possibility to reduce the risk of loan funds, making lending transactions safer.
A brief description of the drawings Brief Description =

[0017] Figure 1 is a flow chart of a loan repayment processing method provided by an example of the present invention;

[0018] Figure 2 is a flow chart of another method of repayment processing provided by an example of the present invention.

[0019] Figure 3 is a block diagram of a loan repayment system provided in an example of the present invention.

[0020] Figure 4 is a block diagram of another loan repayment system provided in an example of the present invention.
Examples of the Invention Implementation pattern of the present invention

[0021] To make the technical problems, technical solutions and advantages more apparent and clear, the present invention will be described in further detail with reference to the accompanying drawings and examples. It is to be understood that the specific examples described herein are merely illustrative of the invention and are not intended to limit the invention.

[0022] In the present invention, the First Participant is the borrower. The Second Participant is an individual or organization that intends to initiate a loan intention with the First Participant, but has secured a guarantee in the actual lending transaction. A fund management institution is a financial institution that supports capital flows and transactions and acts as a lender in a loan transaction. Among them, the Bank Credit Certificate is the Second Participant to its account funds or credit limit as a deposit to the Funds-Management server and by the Funds-Management server to open the electronic conunitment payment certificate. The Bank Credit Certificate is the financial management institution promised to pay in accordance with the conditions of settlement and payment of electronic credit credentials. The Bank Credit Certificate is a financial management institution credit commitment to pay an Internet innovation base financial instruments, mainly for the buyer's products, by the seller to download the cashier access interface, by the buyer to complete the proof of the certificate, the seller to complete receipt and compliance, submitted to the payment, the final letter of credit arrived at the automatic payment. The Bank Credit Certificate can not only use for buying goods, can also be used for mortgage guarantees. A fund management institution is an institution that can support capital flows, including but not limited to banks and other financial institutions (such as securities institutions). Correspondingly, the Funds-Management server includes a bank server or other financial institution server. The fund management account includes a bank loan account or other financial institution loan account. The fund management credit system includes the People's Bank credit system or other financial institution credit system. In the present invention, the Second Participant is requested to open a bank credit certificate by the second participation party as a guarantee for the loan to the other person. The Funds-Management server receives the Bank Credit Certificate of the Second Participant who has applied for the same amount as the loan amount. After the license, the corresponding amount in the Second Participant's account is frozen and the loan is granted to the First Participant on the basis of this condition. It should be noted that the Second Participant's Bank Credit Certificate is frozen, but the funds are still in the Second Participant's account, but the funds are in an unusable state, but does not affect the Second Participant's current interest collection during the lock-out period. For example, the balance of the second-party account is 300,000, and 200,000 Bank Credit Certificates are issued to the Funds-Management server and frozen. However, the Funds-Management server still calculates the current interest on the balance of funds of 300,000, or the Funds-Management server uses 100,000 of the balance of funds to calculate the Second Participant current interest, and separate calculation of Bank Credit Certificate during the lock-out period of funds current interest.

[0023] Example 1

[0024] As shown in Figure 1, an example of the present invention provides a repayment processing method for use in a Funds-Management server-based, which method comprises the following steps:

[0025] S101, after receiving the notice for making part of repayment by the Second Participant in lieu of the First Participant within the pre-set loan period, according to the amount of repayment, part of the frozen funds corresponding to the Bank Credit Certificate shall be allocated to the funds management account;

[0026] Among them, the Bank Credit Certificate is the Second Participant to its account funds or credit limit as a deposit to the Funds-Management server and by the Funds-Management server to open the electronic conunitment payment certificate.

[0027] S102, when receive the remaining repayment of the First Participant within the dunning period, unfreezes the corresponding remaining frozen funds of the Bank Credit Certificate.

[0028] Specifically, if the First Participant, after settling all of loan funds at the agreed dunning period, the Funds-Management server unfreezes frozen funds corresponding to the Bank Credit Certificate, at the same time, the unfrozen remaining frozen funds and the corresponding current interest in the Second Participant's account becomes available.

[0029] S103, if the remaining repayment is not received after the pre-set dunning period, allocate the corresponding remaining frozen funds of the Bank Credit Certificate to the funds management account.

[0030] Specifically, within the dunning period (for example, one month), the funds management institution may, through the Funds-Management server or manually, remit the loan to the First Participant, and if the First Participant exceeds the dunning period (The failure of the requesting payment), the corresponding funds will be automatically paid to the funds management account, to ensure that the funds management institution loan funds without risk, by the Second Participant to bear the loss of loans back.

[0031] In this repayment processing method, the introduction of Bank Credit Certificate guarantee for lending transactions, can increase the default cost of the First Participant, while providing the Second Participant to replace the first part of the repayment of the First Participant can increase the repayment of the loan possibility to reduce the risk of loan funds, making lending transactions safer.

[0032] Example 2

[0033] As shown in Figure 2, an example of the present invention provides a method of repayment, which is exemplified by a funds management institution as a bank and a Funds-Management server as a bank server. The method comprises the steps of:

[0034] S201, determine whether all loan funds and loan interest of the First Participant within a preset repayment deadline are received, and if yes, execute step S202;
otherwise, execute step S204.

[0035] S202, all of the remaining frozen funds of the unfrozen Bank Credit Certificate are allocated and the loan interest is allocated in the Second Participant account and the bank loan account according to the pre-set rule.

[0036] Specifically, the First Participant, after settling all of loan funds at the agreed loan period, the bank server unfreezes all of frozen funds corresponding to the Bank Credit Certificate, at the same time, the unfrozen frozen funds and the corresponding current interest in the Second Participant's account automatically becomes available. The bank server will allocate loan interest on the Second Participant's account and the bank loan account as per the preset rule.

[0037] S203, the First Participant synchronizes the loan repayment record to the bank credit information system, and increases the credit level of the First Participant, and then proceeds to step S213.

[0038] Specifically, in this step, by raising the credit level of the First Participant, the First Participant can be motivated to repay actively.

[0039] S204, determine whether a notification that the Second Participant replaces the partial repayments of the First Participant within a preset dunning period is received. If yes, execute step S205; otherwise, execute step S207.

[0040] Specifically, the First Participant and Second Participant can reach an agreement offline and the Second Participant replaces the first part of the repayment within the preset dunning period to provide a more flexible repayment method to relieve the First Participant's short-term financial pressure to improve the possibility of repayment of the loan.

[0041] S205, according to the repayment amount of Bank Credit Certificate transfer part of the corresponding frozen funds to the bank loan account.

[0042] S206, raise the credit level of the Second Participant.

[0043] Specifically, the bank server increases the credit level of the Second Participant, thereby encouraging the Second Participant.

[0044] S207, request the First Participant to make repayment within predetermined dunning period.

[0045] Specifically, the bank can manually reminder the First Participant to pay the remaining loans, but also through the bank server to conduct all-round reminder the remaining loans, such as by one or more of the following combinations of reminder methods: dial-up notice First Participant preselected telephone number or a mobile phone, sending an e-mail notification to the e-mail pre-set by the First Participant, pushing the information to the software program client registered with the First Participant, sending SMS
notification to the mobile number pre-set by the First Participant, send a QQ message to the First Participant's default QQ number, or send a message to the First Participant's default Wechat number.

[0046] S208, determine whether a notification is received that the First Participant has repay the remaining repayments within the preset dunning period, and if yes, execute step S209;
otherwise, execute step S211.

[0047] S209, unfreezing the remaining frozen funds corresponding to the Bank Credit Certificate.

[0048] Specifically, the First Participant, after settling all of loan funds at the agreed dunning period, the bank server unfreezes frozen funds corresponding to the Bank Credit Certificate, at the same time, the unfrozen remaining frozen funds and the corresponding current interest in the Second Participant's account automatically becomes available.

[0049] S210, assign loan interest, and delay fee within in the dunning period to the Second Participant account and the bank loan account according to a pre-set rule, and proceed to step S213.

[0050] Specifically, due to the characteristics of the Bank Credit Certificate, the current interest during the freezing period is automatically calculated in the Second Participant account and becomes available when the frozen funds are de-frozen. And the loan interest is transferred by the First Participant to the bank loan account at the same time. Of course, the Second Participant and the bank can also be another agreement on the distribution of loan benefits, in accordance with the agreed way to conduct redistribution. When deferring repayments, delay fee may be charged to increase the default costs of the First Participant.

[0051] S211, allocate the remaining frozen funds of the Bank Credit Certificate to the bank loan account.

[0052] S212, synchronize the default record of the First Participant to the bank credit system, reducing the credit rating of the First Participant.

[0053] Specifically, in this step, synchronizes the default record of the First Participant to the bank credit system, recording the credit stain of the First Participant and that the First Participant fails to use the bank credit limit so as to further increase the default cost of the First Participant and reduce the default possibility of the First Participant.

[0054] S213, end the process.

[0055] In the present example, if the First Participant keep repayment as agreement, the Bank Credit Certificate applied by the Second Participant will be de-frozen, and the Second Participant and the bank are allocated the loan interest in accordance with the agreed rules.
If the First Participant does not repay the loan as agreed, the Bank Credit Certificate will remain frozen for a fixed term (dunning period), remitted by the bank to the First Participant through labour or bank server, and if the First Participant completes repayment within the dunning period, the Second Participant and the bank according to the agreement to distribute the loan interest and delay fee; if the First Participant does not repay within the dunning period (bank requesting payment failure) , the remaining funds of the Bank Credit Certificate will be allocated to the bank loan account, the Second Participant shall not ask for the loss of loans, so as to safeguard the interest of the bank.

[0056] In addition, increasing the delay fee in the dunning period and reducing the credit level after the First Participant defaults to make it impossible to use the credit limit, further increases the default cost of the First Participant. By synchronizing the repayment records of the Second Participant instead of the First Participant to the bank credit system, the credit level of the Second Participant is increased, the Second Participant is encouraged to voluntarily repay the debts of the First Participant to further improve the possibility of repayment success. Moreover, in the case of a default by the First Participant, the remaining frozen funds corresponding to the debit and credit card will be released to the bank loan account, which will be borne by the Second Participant for the loss of the loan, so as to ensure the interests of the bank and make the loan trading safer.

[0057]

[0058] Example 3

[0059] As shown in Figure 3, an example of the present invention provides a repayment processing system for use in a Funds-Management server, which comprises the first repayment processing module 10, the second repayment processing module 20, and default processing module 30.

[0060] The first repayment processing module 10 is arranged to receive the part of the repayment of the First Participant in the pre-set loan period after the partial repayment, according to the amount of repayment of Bank Credit Certificate corresponding part of the frozen funds.

[0061] The second repayment processing module 20 configured to unfreeze the remaining frozen funds corresponding to the Bank Credit Certificate if the remaining repayment of the First Participant is received;

[0062] The default processing module 30 is configured to allocate the remaining frozen funds corresponding to the Bank Credit Certificate to the fund management account if the remaining repayment is not received after exceeding the pre-set dunning period and synchronize the default record of the First Participant to the fund management credit system.

[0063] Among them, the Bank Credit Certificate is the Second Participant to its account funds or credit limit as a deposit to the Funds-Management server and by the Funds-Management server to open the electronic commitment payment certificate.

[0064] In order to increase the delay cost of the First Participant, delay fees of extension of repayment can be increased. The second repayment module is further provided to: after the remaining frozen funds corresponding to the Bank Credit Certificate are thawed and the Second Participant account and the funds management account will be allocated the loan interest and the delay fee in the dunning period as per the pre-set rules.

[0065] Specifically, due to the characteristics of the Bank Credit Certificate, the current interest during the freezing period is automatically calculated in the Second Participant account and becomes available when the frozen funds are de-frozen. And the loan interest is transferred by the First Participant to the fund management account at the same time. Of course, the Second Participant and the fund management institution can also be another agreement on the distribution of loan benefits, in accordance with the agreed way to conduct redistribution. When deferring repayments, delay fees may also be charged to increase the default costs of the First Participant.

[0066] As shown in Figure 4, in some examples, the system further includes a dunning module 40 and a credit management module 50.

[0067] The requesting payment module 40, is configure to request the First Participant to make repayment within the dunning period.

[0068] Specifically, the requesting payment module 40 may be specifically configured to perform requesting payment by any one or more of the following: dialling the First Participant's default telephone number or mobile phone, sending e-mail notification to the First Participant E-mail, pushing message to the registered software program client of the First Participant, sending SMS notification to the present mobile number of the First Participant, sending message to the QQ number of the First Participant, or sending message to the Wechat number of the First Participant. Of course, the requesting payment module 40 may be carried out manually off-line and omitted.

[0069] The credit management module 50 is configured to increase the credit level of the Second Participant if the Second Participant receives a partial payment instead of the First Participant within a preset dunning period; and / or if the remaining repayments are not received after a preset dunning period has expired, the default record of the First Participant is synchronized to the fund management credit system, and reduce the credit rating of the First Participant.

[0070] Specifically, the credit management module 50 activates the Second Participant to actively repay the repayments instead of the First Participant by increasing the credit level of the Second Participant. Synchronizing the default record of the First Participant to the management credit system, recording the credit stain of the First Participant and that the First Participant fails to use the credit limit so as to further increase the default cost of the First Participant and reduce the default possibility of the First Participant.

[0071] It is to be noted that the technical features of the above-described method Examples 1 and 2 are applicable in the present system and are not repeated here.

[0072] The general technicians of this field can understand and implement all or parts of steps in the above-mentioned examples that can complete the procedure by controlling relevant hardware, and the said procedure can be stored in a readable storage media of a computer such as ROM/RAM, disk and light disk.

[0073] The preferred examples of the present invention have been described above with reference to the accompanying drawings, which are not to limit the scope of the present invention. It will be apparent to those skilled in the field that various modifications, equivalents, and improvements may be made without departing from the scope and spirit of the invention.
Industrial utility

[0074] The present invention provides a smart financial lending and trading system, the introduction of Bank Credit Certificate guarantee for lending transactions can increase the cost of default of the First Participant, At the same time, providing the Second Participant instead of the First Participant's partial repayment method can alleviate the short-term capital pressure of the First Participant and increase the possibility of repayment success, so as to reduce the risk of loan funds and make the lending transaction safer.
In addition, increasing the delay fee in the dunning period and reducing the credit level after the First Participant defaults to make it impossible to use the credit limit, further increases the default cost of the First Participant. By synchronizing the repayment records of the Second Participant instead of the First Participant to the bank credit system, the credit level of the Second Participant is increased, the Second Participant is encouraged to voluntarily repay the debts of the First Participant to further improve the possibility of repayment success.
Moreover, in the case of a default by the First Participant, the remaining frozen funds corresponding to the debit and credit card will be released to the bank loan account, which will be borne by the Second Participant for the loss of the loan, so as to ensure the interests of the bank and make the loan trading safer. Therefore, it has industrial applicability.

Claims

The Claims

[Claim 1] A loan repayment processing method applied to a Funds-Management server, the method comprising the steps of:
After receiving the notice for making partial repayment of by the Second Participant in lieu of the First Participant within the pre-set repayment period, unfreezes the corresponding frozen funds of the Bank Credit Certificate according to the repayment amount;
If receive the remaining repayment of the First Participant within the dunning period, unfreezes the corresponding remaining frozen funds of the Bank Credit Certificate.
If the remaining repayment is not received after the pre-set dunning period, the remaining frozen funds corresponding to the Bank Credit Certificate are allocated to the fund management account and the default record of the First Participant is synchronized to the fund management credit system Wherein the Bank Credit Certificate is an electronic commitment payment certificate that is applied by the Second Participant to the Funds-Management server and opened by the Funds-Management server with its account funds or credit amount as a deposit.
[Claim 2] The loan repayment processing method according to Claim 1, further comprising:
After the remaining repayments has not be received beyond the pre-set repayment deadline, it is request the First Participant for repayment within the pre-set repayment deadline.
[Claim 3] According to Claim 1, the corresponding remaining frozen funds of thawing credit card also include also include:
Allocate loan interest on the Second Participant's account and the funds management account by default, as well as the delay fee of the dunning period as per the predetermined rules.
[Claim 4] The loan repayment processing method according to claim 1, further comprising:
Raising a credit level of the Second Participant if a Second Participant receives a partial payment instead of the First Participant or settles a notice of remaining payment within a preset dunning period;
If the remaining repayments are not received after the preset reminding deadline, lowering the credit level of the First Participant.
[Claim 5] The loan repayment processing method according to any one of Claims 1 to 4, wherein the Funds-Management server comprises a bank server or other financial institution server, and accordingly, the funds management account comprises a bank loan account or other financial institution loan account.
[Claim 6] A loan repayment processing system for use in a Funds-Management server comprising the following modules:
The first repayment processing module is arranged to receive the notification to make part of the repayment by the Second Participant in lieu of the First Participant in the pre-set dunning period and to allocate the partial freezing funds corresponding to the Bank Credit Certificate to the funds management account according to the repayment amount;
The second repayment processing module configured to unfreeze the remaining frozen funds corresponding to the Bank Credit Certificate if the remaining repayment of the First Participant is received;
The default processing module is configured to allocate the partial frozen funds corresponding to the bank credit certificate to the fund management account if the remaining repayment is not received after exceeding the pre-set dunning period and synchronize the default record of the First Participant to the fund management credit system;
Wherein the Bank Credit Certificate is an electronic commitment payment certificate that is applied by the Second Participant to the Funds-Management server and opened by the Funds-Management server with its account funds or credit amount as a deposit.
[Claim 7] The repayment processing system according to Claim 6, wherein the system further comprises a requesting payment module configured to: when no remaining repayments are received after a preset dunning period is expired, repay the loan to the First Participant within the preset dunning period.
[Claim 8] The loan repayment processing system according to Claim 6, the second repayment module is further provided with:
Allocate loan interest on the Second Participant's account and the funds management account by default, as well as the delay fee of the dunning period as per the predetermined rules.
[Claim 9] The loan repayment processing system according to Claim 6, the system also includes credit management module, and it is set as:
Raising a credit level of the Second Participant if a Second Participant receives a partial payment instead of the First Participant or settles a notice of remaining payment within a preset dunning period;
If the remaining repayments are not received after the preset reminding deadline, lowering the credit level of the First Participant.
[Claim 10] The loan repayment processing system according to any one of Claims 6 to 9, wherein the Funds-Management server comprises a bank server or other financial institution server, and accordingly, the funds management account comprises a bank loan account or other financial institution loan account.