Research On Credit Risk Prevention And Control Of "Renren Loan" Online Loan Platform

P2P online lending is a small-scale lending transaction in which individuals and individuals borrow each other through an e-commerce online platform.The emergence of online lending has solved the problem of lending to small and medium-sized enterprises and ordinary people.The loan does not need to look at the bank's face,reflecting the concept of inclusive finance.The emergence of P2 P online platform is a trend,and its development has been triumphant in recent years.However,the current operation of the P2 P online platform also contains various risks.Borrowers default,owe money,the platform is running,and the supervision is not strict.Therefore,risk control is the key to the development of the P2 P online platform.Control determines the survival and development of the industry and affects the stability and development of the investment market.Due to the large variation in the development of P2 P online platforms in China,most of them have deviated from the essence of such an information intermediary,such as the traditional online mode,and have evolved a variety of operating modes with "Chinese characteristics",which makes Regulation has become extremely tricky.The regulatory attitude of China's supervisory authorities on the P2 P online lending platform has been tolerated from the beginning to the current "negative list" type of strict requirements.Among them,the credit risk prevention and control problem of P2 P online lending platform phenomenon-level enterprise "renren loan" is more representative of the current situation of the entire industry.“renren loan” is a personal lending business.It was established in October 2010 and is one of the earliest Internet financial services companies in China.This paper first introduces the concept development process of China's P2 P online loan platform,credit risk concept and P2 P credit risk type,and expounds the credit risk management theory.Then it introduces the operation mode of China's P2 P online loan platform,and analyzes the current situation of risk management of “renren loan” platform,including the operation mode of “renren loan” platform and the credit risk of “renren loan”platform.Problems with the risk control of loan platforms.The third part of the article is the identification and measurement of the credit risk of the “renren loan” online loan platform.It analyzes the source of credit risk of “renren loan” and identifies the type of credit risk,and then uses the analytic hierarchy process.The calculation of the weights was carried out.Finally,based on the analysis results,the risk prevention and control measures of the “renren loan” platform were proposed.Based on the actual operation,this paper is based on the specific operation mode of the domestic P2 P online lending platform,and takes “renren loan” as the research object,analyzes the credit risk of the internet loan platform,analyzes the platform-specific risks,and summarizes the common risks.From the perspective of internal risk management,we put forward our own suggestions and guide the platform to embark on a path of healthy and sustainable development,thus maintaining the stability of the domestic macroeconomic situation and effectively promoting the development of China's Internet inclusive finance.This is the significance of this paper.