Operating Car Mortgage Loan Risk Management Study

According to foreign experiences, when the per captia GDP reaches＄1000-$3000, the nation enters the period of customer credits. People's demands on luxurious customer goods will increase sharply. In china, more and more people can buy automobile in so many cities where the per captia GDP exceeds＄1000. In recent years, with the steady growth of the national economy, also with the rapid development of automobile industry and logistics industry, automobile loan appears to cater to the needs of commercial bank's profit-pursuing. But, in the development of automobile loan, because of the lack of scientific and efficient risk management system, the commercial bank fails to recognize the internal rules of the risk of automobile loan, so that fails to keep away the risk during the practice operation process. Afterwards, with the adjustment of macro-economy policy and economic circumstance's change, and the insurance agent's exiting from the automobile loan market, great changes happened in the automobile transport industry. The risk of automobile loan broke out in mass, which hinders the development of automobile loan business badly. Thinking over and researching on the development history of automobile loan, the thesis tries to find out the risk-control countermeasures of automobile loan, so that lays the foundation of the new operation mode of automobile loan under market economy.The thesis looks back on the historical process of automobile firstly, then describes the characteristics and the operation mode of automobile loan. Subsequently, using the basic economic theories such as the Expected Income theory and Adverse Selection theory, the thesis analyses the forming reasons of the risk of automobile loan as follows:sufficient customer-filtrations have not been done before loan and there is no Customer Segmentation and investigation on Customer Credibility; the protection and controlling measures against loan risk are not enough at all; secondary payments excessively depend on Insurance Agent; vicious competitions between commercial banks weaken the control against loan risk; great changes happen in macro-economy policies.Therefore, the new operation mode should be composed of the four factors:commercial bank enhancing internal risk management; establishing individual credit system; enhancing pre-loan investigations and post-loan management; perfecting the laws and regulations of automobile loan. So the new operation mode can cater to the needs of the development of automobile loan in market economy, and promote the rapid healthy development of automotive loan business.There are some innovations of the thesis as follows:establish the individual credit system of automobile loan in commercial banks; widen the secondary payment of automobile loan; establish the post-loan management system of automobile loan; set forth the mode of the cooperation relationship among the commercial banks,automobile dealer and Insurance Agent.Finally, the thesis puts forward some assumes of the development direction of automobile loan as follows:research on the cooperation mode between commercial banks and Automobile Finance Companies; further research on the automobile loan assets securitization.