Factors Of The Risk Formation Of Network Credit Information Intermediaries

With the continuous development of Internet technology and the financial industry,there is a crazy growth trend of network credit platforms,and at the same time risks emerging on these platforms.Regulators in order to solve these risk problems,have issued a series of measures and methods.What is the factors that influence the network credit information intermediaries? How to strengthen the supervision of network information intermediary intermediaries? These are the content of this paper.Through theoretical analysis,the author puts forward major ways of the risk formation of credit information intermediary,and at the same time carries on the empirical validation analysis on the base of 1302 platform data by the hand way collection from the web sites.At last,through investigation analysis to further refine and confirmed the risk formation,and analyze the different research groups' different performance in the network information intermediaries.Through the analysis of the network characteristics and the risk of borrowing and lending,and the information asymmetry of network information agency.The author thinks that the network credit information agency risk brings by the risk of borrowers,lenders and platform.The macroeconomic risk and systemic risk influence platform as the external environment variable.Under the bad external conditions,the risk of borrowers,lenders and platforms have a tendency to increase.In order to verify this conclusion and further explore the information intermediary lending risk paths and the relationship between the these paths,then following empirical analysis.Studies have found that the influential ways of the problem platform amount is macroeconomic environment,industry system risk and platform itself and all three ways are interactional.with the introduction of system variable and network lending platform variable,macro environment variables change from significant to significant not at all.In the analysis of the network platform of amount,by adding a variable number of borrowing,the average loan time limit,the sentiment index and the number of investment,these variables significantly influence of the amount.It proves that the amount has a significant positive correlation effect on borrowers,lenders and platform.In order to further analysis the way of the risk formation of network credit information intermediaries,the author proposed the questionnaire(attachment 1)andmake questionnaire survey to 200 people.By analyzing the basic data confirmed that the lender copycat investment,financing source is unknown;Borrowers lower credit rating,conceal personal information,do not provide the effective guarantee;Platform of information disclosure risk,management risk,regulatory risk and associated risk will lead to the formation of network credit information agency risk.Considering today's network environment,borrowers and lenders demand does not match will eventually lead to the formation of the risk.In addition,through the lender' heterogeneity analysis survey found that older,higher income,respondents has nothing to do with the financial profession are more likely to ignore the borrower guarantee degree of the influence degree of the result of the loan;younger and low degree of education,older,low income,investigators has nothing to do with the financial are more likely to ignore the influence of platform management level to the result of the loan.In the heterogeneity analysis on borrowers find that younger respondents will ignore the reliability of the loan capital source,lower education level,older,lower income' respondents are more likely to ignore the influence degree of the platform management level;younger,higher income'respondents are more likely to ignore the macroeconomic influence degree of the result of the loan.Finally,by the empirical results,coupled with the latest “The net borrowing information intermediary business management interim measures "(hereinafter referred to as" method ")the relevant policies in 2016.The author puts forward suggestions such as clear network borrowing information intermediaries remit;to perfect the risk disclosure system and formulate the loan limit.