Research On Credit Risk Management Of China's P2P Network Lending Platform

P2P network platform is a kind of Internet technology with the surplus funds of individuals or enterprises to gather funds through the network platform for the role of the media,both for the supply and demand of funds to match and agreed to have a certain interest in order to achieve the effective funds use.This new network loan model is obviously different from the traditional bank lending model and the private lending model,at the same time to meet the capital surplus and capital needs of the different needs of an effective way to make up for the traditional financial model and the shortcomings of the private lending model,For SMEs to expand the financing channels for some investors also expand the investment channels.However,from the beginning of the P2P industry in 2013 appeared in the closed down,Paolu phenomenon,causing the regulatory authorities and the community on the P2P platform,the constant attention to risk.Especially the information asymmetry caused by credit risk.At present,the research on credit risk management of P2P platform itself is still very scarce,and credit risk management and credit risk management techniques need to be improved.Especially for the credit risk management of the platform,traditional financial institutions have adopted the credit risk management Management methods,simply can not effectively respond to the supply and demand of funds Both the demand for financial security,P2P platform can not timely disclosure of investors and their own needs information,gave birth to the effective management of network lending platform for credit risk management methods and countermeasures needs.This paper will use the literature research,questionnaire methods,qualitative and quantitative methods of combining credit risk and credit risk management.First of all,from the theoretical literature,summed up the domestic and international credit risk management of P2P lending research.Secondly,through the theoretical analysis of China's P2P network of credit risk and credit risk management for a preliminary qualitative analysis.Thirdly,data were collected by means of questionnaires,so as to provide data support for empirical analysis.At last,the empirical analysis is made through the combination of qualitative and quantitative analysis.At the same time,the paper puts forward some feasible and practicable credit risk control suggestions and countermeasures for the conclusion,with a view to summarize and analyze the credit risk management,influencing factors and countermeasures of P2P network lending platform.