Reasearch On Risk Management Of P2P Lending Platform Of Yixin Company

Online lending distinguishes itself from traditional financial industries in acting as a third party platform for money transactions and lending.Generally,China Banking Regulatory Committee calls it person to person lending.In the early times,Professor Yunus established a rural bank in Bangladesh specializing in lending activities in rural areas.This rural bank has,for the first time brought financial services to the rural people.Such a notion has become an important theoretical basis for the rapid rise of people to people lending in China.Nowadays,people to people lending in China has experienced rapid developments.P2 p online lending has its own relatively unique features.These p2 p online lending platforms have no direct link to traditional financial institutions.Such a disconnection with traditional financial institutions can actually meet the various financial needs from small-medium-size enterprises.Especially,for small business,the online lending platforms can easily solve the problem of high lending cost for small businesses.Additionally,online lending platforms also have other unparalleled advantages over traditional lenders in helping investors realize accurate money lending and higher investment gains.Owing to the two unique advantages discussed above,online lending has become more and more popular with small lenders and small entrepreneurs and keeps growing itself in size and influence.However,along with its rapid development,more and more controversial problems have emerged.Worse,combined with the absence of certain regulations and laws governing online lending and many existing problems in social credit system,the current credit system and risk control in online lending have become an impediment to the healthy development of online lending.The main contents of this paper are as follows: Firstly,the paper analyzes Yixin company's basic situation,operation model,credit enhancement platform,risk management and so on to understand the current situation of Yixin company's P2 P loan platform risk management system and analyze the problems and the problems in risk management.The root of the problem.Then it analyzes the development of mature P2 P credit platform abroad,summarizes its successful experience and draws the inspiration to Yixin company.Finally,In doing so,we find out proper approaches to strengthening risk management and risk control for Yixin company.