Research On The Risk Control Of P2P Network Lending Platform

P2P online lending(Peer-to-Peer lending)is a form for Internet finance.It refers implementation of lending between individuals or between individuals or enterprises through network platforms.It is a "point-to-point" direct credit model.By building an Internet platform,online lending companies match the borrowers and lenders to reach loan financing transactions,and carry out post-loan management and loan recovery on behalf of investors.Since the emergence of P2 P online lending in the UK in 2005,it has quickly spread to other countries and expanded globally.In 2007,the P2 P online platform developed rapidly in China as a new form of loan.As of December 31,2019.The number of P2 P lending platforms in my country has reached 6612.The P2 P online loan industry can develop rapidly in China.First,due to the development of China's Internet technology,the P2 P online loan platform has a certain support base.Secondly,since many borrowers cannot borrow from banks,and the interest rates of private microfinance companies also restrict borrowers 'borrowing,there is a large demand market;for investors,due to the imperfect domestic financial system,there is a lack of satisfaction for investors.The rich and diverse financial products required,the emergence of the P2 P online loan platform has lowered the investment threshold of investors,and is very popular among investors.However,in the early stages of industry development,there is no entry barrier,no industry standards,no regulatory agencies The state of the industry has made the development of the entire industry more chaotic.New platforms have sprung up;at the same time,problems such as running roads,Ponzi schemes,and difficulty in cash withdrawal have emerged one after another.Therefore,timely solving the problems encountered in the development is crucial to the healthy development of P2 P online lending platform.This article mainly studies the problems encountered in the risk control of the P2 P online loan platform and the countermeasures from the following aspects: First,from the development process of the P2 P online loan platform,policy evolution,background analysis,quantitative analysis,loan amount analysis,Yield rate analysis and loan term analysis,borrower and investor analysis,and risk management models start with a detailed description of the current development of China's P2 P industry.Second,summarize the main risks faced by the P2 P industry,such as credit risk,liquidity risk,market risk,operational risk,reputation risk,legal risk,etc.Thirdly,through the case analysis Shanxi's Loan of Jinshang,it summarizes the various risks and their causes encountered in the development of the P2 P industry,and can find the root cause of the problems that arise in risk control.Finally,for the problems in risk control,valuable suggestions are put forward.