Research On Risk Control Of P2P Lending Platform

In recent years, P2P lending has met a rapid development in China. It does not rely on traditional financial institutions, but to help both lenders and borrowers to deal directly through the Internet. It is a useful supplement to the existing banking system. Due to the absence of both regulatory and social credit system in China, numbers of risks emerged among P2P platforms, which have made a bad influence to our society. So, it is necessary to enhance the risk control system on P2P platforms by using a series of measures.This paper focuses on the study of the following parts:firstly, the risk factors of P2P platforms and the analysis of following risk control measures; secondly, analyze the risk control methods of Yixin, which is the representative of the P2P platform; thirdly, making a construction of risk control model of the P2P platform, from both external and internal aspects.This article focuses on the analysis of P2P platform risk control system, using Yixin as the study object. Judging from the results of the paper, the key points of risk control lie in keeping watch on credit risk and enhancing platform’s internal risk management. The construction of credit system needs the complement of industry supporting facilities. And the internal risk management needs to refer to the Enterprise Risk Management-Integrated Framework. Finally, the paper comes up with a summary, making some political suggestions of P2P risk control researches.