Resrch On Credit Risk Of P2P Borrower Under Internet Consumption Finance Mode

Since 2005,the world's first P2P network lending Platform ZoPa in the United Kingdom since the birth of P2P as a new model of the lending market,accomPanied by the develoPment of Internet technology in the world with sudden emergence.In 2007,China's first P2P network lending Platform named PaiPai is develoPed on the internet,esPecially in 2013 after the first year of the Internet finance,it is ushered in the exPlosive growth of China's financial market into a new vitality,for consumPtion Personal credit and small micro-enterPrise financing to Provide a new way.P2P network lending industry not only solving the Problem of financing difficulties,but also imProving the efficiency of caPital allocation,but the risk can not be ignored.According to incomPlete statistics,the number of Piling Platforms has reached 1004 until SePtember 2016;The reason why P2P loan model is closely related to the unified credit information system has not yet been achieved in China,Personal credit risk in China's P2P network lending in the endless stream,which makes P2P network lending in China's develoPment is facing many new Problems,hinder the P2P network Loan industry in China's further develoPment.On the basis of P2P borrower's credit risk research,this PaPer chooses the most PoPular PersPective,which is the Internet consumer finance,analyzes the existing model of contemPorary Internet consumPtion finance,analyzes its main risks,esPecially the credit risk Analysis,comPared the traditional financial lending activities and Internet consumer finance P2P borrower credit risk characteristics.In general,there are two main reasons for the credit risk of the borrower in the consumer finance sector:one is the borrower's ability to rePay;the second is the borrower's moral factor,the former is whether the borrower is willing to rePay,but may Because of the sudden situation or other reasons and no solvency caused by the risk of default,which is the borrower may have the ability to rePay,but they do not want to rePay and so on.Aiming at the credit behavior of the borrower,this PaPer adoPts a variety of methods to carry out research,through the literature review of the card,at home and abroad to study the credit evaluation system of various borrowers,including academia and Practice of the various evaluation system.Secondly,through the analysis of the game behavior of the borrower and the borrower in the Internet consumPtion financial model,the feasibility and market Practicability of the model are Proved,and the credit risk Point of the business form is Put forward from the PersPective of the lender and the borrower.Finally,according to the factors influencing the default risk,this PaPer analyzes the current situation of the credit evaluation by combining the internal factors and the external factors of the consumer financial network Platform,and choosing the APP from the blue-collar consumer finance based on the current situation of credit evaluation.The borrower's credit risk is used to analyze the credit risk of the borrower,and the credit risk assessment model of the borrower is obtained by using the regression model.The conclusion shows that the borrowing amount,loan interest rate,historical overdue number and credit score will have an imPact on the borrower's default rate.This PaPer Puts forward suggestions on how to reduce the credit risk,and Puts forward suggestions on the establishment and Perfection of the future Internet credit system.