Research On The Problem About P2P Platforms Introducing Enhancement Credit Agencies

P2P net loans have gone through rapid development and risk outbreak from the introduction;since 2015,a number of regulatory policies have been released,net loan industry began to enter the standard development period.In August 2016,the Interim Measures for the management of business activities of Internet lending information intermediaries issued by the China Banking Regulatory Commission(CBRC)clearly defined the role and status of the net loan platform as an information intermediary.The operation mode of the net loan platform has also changed greatly.The model of the platform self guarantee is prohibited,the risk margin model has the suspicion of self financing pool,and the model of the enhancement credit agencies has become the trend of the times.In this paper,the common Guarantee Corporation,small loan companies and insurance companies are taken as an example to analyze the operation mode of the net loan platform after the introduction of third party credit agencies and how to promote the rapid development of the platform business.This paper focuses on the analysis of a series of problems that the model may bring to the net loan platform from a number of angles: the introduction of the platform to the third party augmented institution which is associated with its existence may often be in the same shape,without the ability to compensate,and may not reach the purpose of dispersing the risk,and the risk is only transferred internally;the platform is introduced to the other.The affiliated enhancement credit agencies may excessively increase credit beyond their compensatory capacity and may be able to borrow again.It may not only lead to the adverse selection and moral risk of the borrowers,but also increase the cost of financing,increase the risk of breach of contract,and may also lead to investors’ non rational behavior.These problems will eventually pass the risk to the platform.How to solve these problems and ensure the smooth operation of the network loan platform has become very necessary.This article puts forward suggestions for improvement from 3 perspectives: platform,third party credit rating agencies and regulators.Finally,the conclusion of the study is summarized as follows: first,the model of the introduction of third party credit institutions will still exist in the future,and the two is to strengthen the supervision of the third party credited institutions,and three is the core of the operation of the P2 P network loan platform.On the basis of reading a large number of professional literature,the author makes a detailed analysis of the mode of introducing third party credit institutions into the net loan platform by combining relevant work experience with relevant work experience.The purpose is to find and solve the possible problems that the network loan platform may face.The feature of this article is that it has a strong reference role in solving the problems in practice,and the innovation is to introduce the noun " enhancement credit agencies",which widens and enriches the content of the field of net loan research.