The Analysis Of Credit Risk On Peer To Peer Network Lending

The rapid development of the Internet is constantly subverting traditional industry, when the traditional commercial bank lending cannot meet the need of part of capital operation, Internet financial conveniently produce.P2p lending produced in 2005, it is meet the requirement of the construction of multi-level financial market in China, after several years of development, we have seen its value in Inclusive Finance, such as to solve the financial difficulties of small and medium-sized borrowers, provid a high yield financial management platform, it has set up a efficient platform for the money supply and demand. However, any innovation is a breakthrough of the restriction of existing, the process of innovation has brought about many problems, such as frequently bankruptcy events, unreasonable operation, the risk of moral hazard in the process of operation, the investors can’t get the expected earnings, borrowers default and so on, all these problems must to be solved.There is no uniform standard on p2p lending platform credit risk management, combined with the incomplete credit system in our country, and its risk management ability is far lower than the commercial bank, the reason is this model innovation is not a real innovation, the nature of the Internet financial shall be committed to the financial risk management, the biggest risk in the Lending market is credit risk, It is the root risk of the lending chain, the article focuses on the analysis of practical problems, not to evaluate credit risk. Choose Creditease company as a case to study, firstly, introduce Creditease company’s background, business model, made a comprehensive presentation, and then use the chart analysis, comparative analysis, case analysis to find the point of cridit risk, compare different platform of risk control method,put forward the credit risk management problems, Depth analysis Maturity mismatch," Asset Securitization" credit enhancement, risk isolate. By analyzing its mode of operation to find the existence of various aspects of credit risk point in the Lending process, Put forward the credit risk control recommendations.