Research On The Risk Management Of Consumer Finance Corporations In China

While the economy is developing rapidly,the era of financing is also coming quietly.With the emergence of many financing platforms,the concept of consumer finance has gradually integrated into people's lives.At present,China advocates the concept of inclusive finance and encoura-ges financial innovation.We hope that we can make up for deficiencies in the financial system to meet people's needs at different levels through th-is innovative model.The emergence of consumer finance companies is of great significance to the improvement of our financial system.Under this kind of financial environment,there is a lot of uncertainty,and various fa-ctors within the financial system are also complicated,leading the market situation for consumer finance companies very severe.If we examine Chi-na's consumer finance companies from the perspective of risk managem-ent,on the one hand,it can enhance the risk identification capabilities,st-rong resistance to risks,and adaptability to existing financial markets of China's consumer finance companies;on the other hand,it will benefit re-gulatory agencies.The macro-control and policy arrangements for the in-dustry are also beneficial to the development of the consumer finance ma-rket.In recent years,regulators frequently appear in the fines for consum-er finance companies.Experts and scholars are paying more and more att-ention to the issues of risk control and supervision.Therefore,how to co-ntrol the risks of consumer finance companies effectively and effectively not only has Practical significance for the development of consumer fina-nce companies,but also important for the stability of China's financial ma rket.From the perspective of risk management of consumer finance com-panies,firstly,this article analyzes and compares research results both her e and abroad,expounds the development advantages of foreign consumer finance companies,and summarizes the origins and development Strategy,risk control methods of China's consumer finance companies in the light of domestic scholars' discussion.Secondly,,constructing a risk as sessment index system using the Analytic Hierarchy Process(AHP),esta-blishing a judgment matrix and a qualitative and quantitative approach w-as used to conduct in-depth research to obtain risk indicator weights.Fin-ally,taking a consumer finance company as an example to calculate the company's overall risk value,and combining the results of the consumer finance company's data,it has purposely put forward some risk control suggestions to provide feasible decision-making basis for the relevant de-partments of the company and the government.building the solid foundat-ion for the long-term development of China's consumer finance market.