Research On Credit Risk And Evaluation Of P2P Network Credit Platform

P2P network credit which has well prospects for development has experienced rapid development and continuous improvement as one of the latest financial models in the current financial idustry from generation to now and meet the development needs of the traditional financial market as an effective supplement. P2 P network credit exists more problems in financial risks compared to the traditional financial which makes it face more severe challenges in the adjustment phase during developing rapidly at the same time. At this stage, Chinese P2 P network credit industry has passed the explosive growth phase and entered the industry adjustment phase. At present, the number of Chinese P2 P network credit platforms which has adequate funding with a wide range of participating is large and the industry doorsill is low. The single risk management mode and the poor risk control ability, and so on, have further aggravated the risk of network credit platform because the trade risk control and industry regulation are not in place at this stage. The risk of industry and P2 P network credit platform has seriously restricted the development of P2 P network credit which should be attached importance to and urgently resolved. Only by strengthening risk management and assessing risk scientifically and reasonably, can it be prevented, controlled effectively, reduced, and even defused. P2 P network credit would develop healthily and bring its roles and advantages which is compared with the traditional financial system into full paly. The purpose of this study is to make the network credit subjects know about the risk better, and prevent, supervise and control the risk well in order to provide guarantee for the security of the funds, and quantify and evaluate the overall analysis of the mainstream platform of P2 P network credit industry of our country.This paper selects 108 main stream P2 P network credit platforms and analyzes the characteristics, advantages, operation, types of risk, cause, and particularity of P2 P network credit platform through systematical analyzing, classifying and comparing. In addition, I investigate the P2 P network credit platform risk assessment index system and find the main drivers of it by using factor analysis. I analyzed the sample from four aspects, which are credit, fund liquidity, dispersity and lever, and draw the conclusion that the risk of P2 P network credit platform of our country is more seriously in the aspects of credit, found liquidity, dispersity. Besides, I quantified the risk and draw the rankings with the comprehensive analysis method. At last, I give some risk prevention measures and suggestions from the aspect of perfecting risk management and industry self-regulation according to the empirical results.