Research On Credit Risk Control Of Borrowers In P2P Online Lending Platform

At present,our economy is under the "New Normality",present economic mainly emphasizes that the growth of steady increase of structure,meanwhile stresses that the economy's symmetrical normality and has sustainable development based on the symmetrical normality.Therefore,in order to adopt the current economic development requirements,China's financial system is constantly changing,one of the most prominent innovations is the rise and development of interconnected finance.In this large number of Internet financial industry,P2 P network loan platform with its low threshold,easy operation,high yield and other characteristics of the success of China's SME loans has filling the gaps,quickly become the Internet industry's fastest growing financial industry.However,at the same time P2 P network loan in the rapid development also brought a lot of negative effects,such as the platform misappropriate the money,borrowers do not pay the money,both showing the risks of the P2 P industry are gradually exposed.The two big risks which is faced by the P2 P platform are the policy risk and credit risk.However,since July 2015 the state has began to legalize the P2 P network loan industry and has made a clear definition,to reduce P2 P network loan industry policy risk.At present,the most important risk of P2 P network loan industry is credit risk.Therefore,in order to ensure the P2 P network loan which is an emerging industry to mature and improve the competitiveness of the network loan platform,we must do a good job for the P2 P network loan credit risk control,especially the borrower's credit risk control.This paper is started with the current situation of P2 P network loan business in China,and analyzes the current development trend of P2 P in China and makes a brief forecast of its development trend.And analyze the main risks faced by the platform,and analyze the credit risk,the cause of the borrower and the control method of the borrower's credit risk.At the same time,it analyzes the problems existing in the credit risk control method and constructs the appropriate credit risk control model to solve the shortcomings in the credit risk control method of The borrower.At present,the credit risk method which is more commonly used by world is divided into statistical methods and non-statistical methods.In this paper,the credit risk assessment is carried out by analyzing the advantages and disadvantages of each model in the statistical method and the non statistical method,and selecting the svm-logistic combination model with the superior advantage.At the same time,aiming at the imperfect credit system in our country,this paper draws lessons from the basis of foreign scholars';credit risk evaluation index system for P2 P network loan platform,and constructs the credit evaluation system which is suitable for its own characteristics.Finally,by analyzing the shortcomings of China's P2 P platform's own credit rating,optimizing the credit risk management framework,combined with the national government to enhance the supervision of P2 P industry,for China's P2 P network loan industry group to provide effective recommendations.