CA2987671A1

CA2987671A1 - Repayment processing method and system

Info

Publication number: CA2987671A1
Application number: CA2987671A
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
Also published as: WO2016191920A1

Abstract

Disclosed are a repayment processing method and system, belonging to the technical field of finance. The method comprises: after a preset repayment deadline has passed and a repayment has not been received, requesting a first participant to repay a loan; after receiving a portion of the repayment by the first participant within a preset payment request deadline, unfreezing a portion of frozen funds corresponding to a bank credit certificate according to a repayment amount; after receiving a notification that a second participant is paying off the remainder of the repayment instead of the first participant, transferring the remainder of the frozen funds of the bank credit certificate to a funds management account. The present invention introduces the bank credit certificate to perform a guaranteed lending transaction, provides a flexible means for the second participant to partially repay instead of the first participant, 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

Title: 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 partial repayment of the First Participant within the pre-set repayment period, the part of the frozen funds corresponding to the unfreezing of the Bank Credit Certificate shall be unfrozen according to the repayment amount;

[0008] 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;

[0009] 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.

[0010] 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:

[0011] The receiving module is arranged to receive the repayment of the First Participant;

[0012] The repayment processing module is arranged to receive the part of the repayment of the First Participant in the pre-set repayment period after the partial repayment, according to the amount of repayment of Bank Credit Certificate corresponding part of the frozen funds;

[0013] Default processing module, if the remaining remuneration is not received after the pre-set dunning period, the remaining frozen funds corresponding to the credit certificate are allocated to the fund management account and the default record of the First Participant is synchronized to Capital management credit system;

[0014] 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

[0015] According to the present invention, there is provided a loan processing method and a system, which carries out a borrowing transaction by introducing a Bank Credit Certificate guarantee, and if the First Participant fails to repay the money, the freezing money corresponding to the credit certificate is allocated to the fund management account, and the Second Participant shall bear the loss of the loan. While synchronizing the default record of the First Participant to the funds management credit system and entering the credit stain, thereby increasing the default costs of the First Participant and reducing the risk of the loan funds, making the loan transaction safer.
A brief description of the drawings Brief Description

[0016] Figure 1 is a flow chart of a loan repayment processing method provided by an example of the present invention;

[0017] Figure 2 is a flow chart of another method of repayment processing provided by an =

example of the present invention.

[0018] Figure 3 is a block diagram of a loan repayment system provided in an example of the present invention.

[0019] 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

[0020] Here is a description of the examples of the present invention. 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.

[0021] 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 commitment 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 fmancial 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.

[0022] Example 1

[0023] 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:

[0024] S101, after receiving the First Participant in the pre-set payment period within the part of the repayment, according to the amount of money unfrozen Bank Credit Certificate corresponding to the part of the frozen funds.

[0025] Specifically, the First Participant, after partial payment at the agreed loan period, the Funds-Management server unfreezes the portion of frozen funds corresponding to the sliver letter, at the same time, the unfrozen part of the frozen funds and the corresponding current interest in the second the participant's account automatically becomes available.

[0026] S102, if the remaining remuneration 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 reporting system.

[0027] Specifically, within the dunning period (for example, one month), the funds management institution may, through the Funds-Management server or manually, remit the remaining 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 allocated 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. While the First Participant's default record is synchronized to the fund management credit system, by entering the credit = CA 02987671 2017-11-29 for the First Participant, so that the First Participant can not use the credit limit.

[0028] In the method of repayment according to the example of the present invention, the borrowing transaction is carried out by the introduction of the Bank Credit Certificate, and the First Participant allocates the frozen funds to the fund management account if it is less than the repayment, the Second Participant are responsible for recovering losses from loans. While synchronizing the default record of the First Participant to the funds management credit system and entering the credit stain, thereby increasing the default costs of the First Participant and reducing the risk of the loan funds, making the loan transaction safer.

[0029]

[0030] Example 2

[0031] 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:

[0032] S201, after receiving the First Participant in the pre-set payment period within the part of the repayment, according to the amount of money unfrozen Bank Credit Certificate corresponding to the part of the frozen funds.

[0033] 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.

[0034] As a preferred option, in order to maximize the interests of the funds management institution, the amount of the repayment received includes the total loan interest and part of the loan principal. In other words, after deducting loan funds' all loan interest from repayment funds, the repayment principal is obtained (that is, the funds shall be unfrozen).
Which in part of the repayment, the loan interest will be obtained at first, followed by the calculation of the remaining repayment of delay fee; it is good to the funds management institutions.

[0035] S202, the remaining party will request the First Participant to make repayment within the default dunning period.

[0036] 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.

[0037] S203, if the remaining repayment is received within the pre-set dunning period, step S204 is executed, otherwise step S205 is executed.

[0038] S204, the remaining frozen funds corresponding to the unfrozen Bank Credit Certificate are allocated and the loan interest is allocated in the Second Participant account and the fund management account according to the pre-set rule, and step S206 is executed.

[0039] 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 the repayment delay, you can also receive a delay fee for late payment of funds allocated.

[0040] S205, allocates the remaining frozen funds corresponding to the bank credit certificate to the bank loan account and synchronizes the default record of the First Participant to the bank credit system.

[0041] S206, end the process.

[0042] In the present example, if the First Participant keep repayment as agreement, 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, and if the First Participant completes repayment within the dunning period (bank requesting payment succeeded), the Second Participant and the bank according to the agreement to distribute the loan interest; 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 to protect the interests of banks, the Second Participant shall bear the loss of loans, while the First Participant's default records synchronized to the funds management credit system, by entering the credit stain for the First Participant, the First Participant can not use the credit limit to increase the default cost of the First Participant, thereby reducing the likelihood of default of the First Participant and reducing the risk of borrowing money, making the loan transaction safer.

[0043]

[0044] Example 3

[0045] 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 following modules:

[0046] The receiving module 10 is arranged to receive a repayment of the First Participant.

[0047] In particular, the receiving module 10 may repay part of the First Participant within the pre-repayment period.

[0048] The payment processing module 20 is arranged to receive the part of the repayment of the First Participant in the pre-set repayment period, and then unfreeze the partial freezing funds corresponding to the Bank Credit Certificate according to the repayment amount.
The Second Participant uses their account funds or credit limit as a deposit to the Funds-Management server application and he Funds-Management server opens the electronic commitment payment certificate.

[0049] Specifically, the First Participant, after partial payment at the agreed loan period, the Funds-Management server unfreezes the portion of frozen funds corresponding to the sliver letter, at the same time, the unfrozen part of the frozen funds and the corresponding current interest in the second the participant's account automatically becomes available.

[0050] 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.

[0051] Specifically, if the First Participant has not made repayment (the requesting payment fails) beyond the dunning period, the default processing module 30 allocates the frozen funds corresponding to the credit certificate to the fund management account and ensures that the loan fund of the funds management institution is no risk, and the Second Participant will bear the loss of the loan. While the First Participant's default record is synchronized to the fund management credit system, by recording the First Participant remember the credit stain, so that the First Participant can not use the credit line later

[0052] As a preferred option, the Bank Credit Certificate can still be unfrozen in order to ensure that the First Participant repays the remaining payment in the pre-set dunning period. The repayment processing module 20 is further provided to: if the remaining repayment is received within the pre-set dunning period, the remaining frozen funds corresponding to the Bank Credit Certificate are unfrozen and the Second Participant account and the funds management account will be allocated the loan interest as per the pre-set rules.

[0053] 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 the repayment delay, you can also receive a delay fee for late payment of funds allocated.

[0054] As shown in Figure 4, in some examples, the system also includes a requesting payment module 40 configured to urge the First Participant to repay the loan within the pre-set dunning period.

[0055] 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.

[0056] In the loan repayment system according to the example of the present invention, the borrowing transaction is carried out by the introduction of the Bank Credit Certificate guarantee, and if the First Participant fails to make repayment as agreed, the freezing money corresponding to the Bank Credit Certificate is allocated to the fund management account, and the Second Participant responsible for recovering losses from loans. While synchronizing the default record of the First Participant to the funds management credit system and entering the credit stain, thereby increasing the default costs of the First Participant and reducing the risk of the loan funds, making the loan transaction safer.

[0057] 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.

[0058] 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.

[0059] 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 = CA 02987671 2017-11-29 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

[0060] The present invention provides an intelligent funds lending transaction system to introduce a Bank Credit Certificate guarantee for a loan transaction, and if the First Participant fails to repay the money as agreed, the corresponding freezing money of the Bank Credit Certificate is allocated to the fund management account, and the Second Participant assumes the loss of the loan. While the First Participant's default record is synchronized to the fund management credit system, by entering the credit stain for the First Participant, so that the First Participant can not use the credit limit, it can increase the First Participant's default costs, and reduce the likelihood of default of a participant, thereby reducing the risk of loan funds, making the loan transaction 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:
When the repayment period exceeds the default repayment period, it requests the First Participant to make repayment of the loan;
After receiving the partial repayment of the First Participant within the default dunning period, the part of the frozen funds corresponding to the Bank Credit Certificate will be unfrozen according to the repayment amount;
When it is notified that the Second Participant replaces the First Participant to repay the remaining repayment, the remaining frozen funds of the Bank Credit Certificate shall be allocated to the fund management account; the said Bank Credit Certificate uses account funds or credit limit as deposit to apply to the said Funds-Management server, and the Funds-Management server opens the electronic commitment payment certificate.
[Claim 2] The loan repayment processing method according to Claim 1, wherein the reminding of the remaining loan to the First Participant further comprises:
Dialling a telephone number or a mobile phone pre-set by the First Participant, sending an e-mail notification to the e-mail pre-set by the First Participant, sending a text message to the mobile number pre-set by the First Participant, pushing message to the registered software program client of the First Participant, sending a QQ message to the QQ number pre-set by the First Participant, and / or sending a message to the Wechat number pre-set by the First Participant.
[Claim 3] According to Claim 1, the repayment processing methods also include:
Receiving the notification for the Second Participant in lieu of the First Participant to pay the remaining repayment, the Second Participant paying records for the First Participant repayment record shall be synchronized to the fund management credit system, for raising the second participation's credit level.
[Claim 4] A repayment processing method according to claim 1, and the method also comprises:
And upon receipt of the notice of the remaining repayment of the Second Participant in lieu of the First Participant, the loan interest and the delay fee are distributed in the Second Participant account and the fund management account according to the pre-set rules.
[Claim 5] The loan repayment processing method according to claim 1, further comprising:
If the remaining repayment is not received after the pre-set dunning period, the remaining frozen funds of 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, and the credit rating of the First Participant shall be reduced.
[Claim 6] The loan repayment processing method according to any one of Claims 1 to 5, 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 7] A loan repayment processing system for use in a Funds-Management server comprising the following modules:
Requesting payment module, set to request for repayment of the loan to the First Participant after the repayment has not been received beyond the default repayment period;
The first repayment processing module is arranged to receive part of the repayment of the First Participant in the pre-set dunning period and to unfreeze the partial freezing funds corresponding to the Bank Credit Certificate according to the repayment amount;
The second repayment processing module is arranged to receive the notice when the Second Participant's repayment of the remaining loan in lieu of the First Participant, and then allocate the remaining frozen funds of the Bank Credit Certificate to the fund management account.
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 8] The loan repayment processing system according to Claim 7, wherein said second repayment processing module is further provided with:
Receiving the notification for the Second Participant in lieu of the First Participant to pay the remaining repayment, the Second Participant paying records for the First Participant repayment record shall be synchronized to the fund management credit system, for raising the second participation's credit level.
[Claim 9] The loan repayment processing system according to Claim 7, wherein said second repayment processing module is further provided with:

And upon receipt of the notice of the remaining repayment of the Second Participant in lieu of the First Participant, the loan interest and the delay fee are distributed in the Second Participant account and the fund management account according to the pre-set rules.
[Claim 10] A loan repayment processing system according to any one of Claims 7 to 9, further comprising:
The default processing module is set so that if the remaining repayment is not received after the pre-set dunning period has been received, the remaining frozen funds of 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, and reduce the credit rating of the First Participant.