Research On Risks And Countermeasures Of P2P Online Lending Platform In China

Since the 21st century,with the rapid development of science and technology,financial innovation has emerged in an endless stream.Internet finance,a new financial model,has developed rapidly.P2P online lending platform is one of the typical representatives.P2P onl:ine lending platform has incomparable advantages:optimizing resource allocation,broadening financing channels,at the same time,it is also one of the key points of inclusive finance.Zopa,the world's first P2P online lending platform,was born in the United Kingdom,and was established in London in March 2005.In 2007,the establishment of the first P2P online lending platform in China-"patching loans" marked the beginning of this new financial development model in China.This new way of credit has been rapidly integrated into China's economic development since its emergence,and the number of platforms has shown explosive growth.However,while making great contributions to China's economic development,the P2P online lending platform has been controversial.Due to the lack of sufficient legal basis and supervision of relevant departments,there are a lot of problems in some P2P online lending platforms.Poor self-management of the platform,incomplete risk control system and lack of related laws.All of these have inhibited the development of P2P online lending platform,and even have a certain impact on social stability.Therefore,it is necessary to understand and study the development of P2P online lending platform,especially how to actively prevent and respond to its risks,which has great theoretical and practical significanceFirstly,this paper reviews the literature of domestic and foreign scholars on the development of P2P online lending platform and the risk of P2P online lending platform,and briefly introduces the P2P online lend:ing platform and its existing risks.Then it discusses the causes of the P2P online lending platforms in China.Based on the platform case of "yidai.com",this paper expounds the advantages of"yidai.com"from the well-known national perspective.The whole process from the high quality online lending platform to the problem.Through the study of "yidai.com",the paper understands the risks existing in this online lending platform,and makes a thorough analysis and research on the causes of the risks.In view of this,this paper gives the risk response strategies of P2P online lending platform based on the research results of the case of "yidai.com",hoping to provide some reference for the future development of China's P2P online lending platform,in order to better create a harmonious and stable financial environment.