助贷新规发力，“以贷养贷”加速退场

Core Insights - The recent changes in the internet lending industry are primarily driven by the implementation of new regulations, which have led to a restructuring of the industry ecosystem [1][3][4] Group 1: Changes in Collection Practices - Borrowers have reported a significant decrease in collection calls and messages, with some platforms ceasing collection efforts altogether [1][2] - The reduction in collection activity contrasts sharply with the tightening of loan availability, particularly for high-risk borrowers who are facing loan withdrawals [2][3] Group 2: Impact of New Regulations - The new regulations impose stricter responsibilities on banks regarding internet lending, including a list-based management of partner institutions and rigid control over financing costs [3][4] - Banks are now required to enhance post-loan collection management and correct any violations promptly, which has led to a more cautious approach from both banks and lending platforms [3][4] Group 3: Challenges for High-Risk Borrowers - High-risk borrowers are experiencing a significant reduction in available financing options, as many regional banks have halted internet lending activities [4] - The traditional "loan-for-loan" model is becoming unsustainable, with borrowers facing increased repayment pressures and a cycle of debt that is difficult to escape [4][5] Group 4: Consequences for Borrowers - Many borrowers initially seeking small loans for emergencies have seen their debt balloon due to high interest rates and compounding [4] - Over 80% of online loan users face higher interest rates or outright rejections when applying for subsequent housing loans, effectively locking them out of the formal financial system [5]