Risk Research on Private Lending in China
|Keywords||Private Lending Micro Lending Internetwork Private Lending Platform RiskControl Difficulty of Financial Lending Field|
It has been a long history for private lending in China, which experiences the peak time, as well as the trough. It came to the21th Century, private lending was showing signs of a revival, by the scale becoming lager an lager. Meanwhile, internetwork was becoming popular in China, and private lending was also taking the advantage. By the investigation, internetwork private lending platform has been developed since2007, and being focus by the media and society, and giving evaluation for its operation mode, safety, legality and risk. After years development, internetwork private lending platform turn to online&offline operation mode from peer to peer credit agent platform, combining with the feature of micro credit, with the business covering from private lending to finance matters, the trust etc. This can relieve the situation of loan difficulty of small enterprise and personal, and improve the structure of loan market in our country, but bring a series of risk as well.This article is divided into seven parts. The first part describes the background, basic theory and orientation of internetwork private lending platform. The second part describes the current research of internetwork lending platform at home and abroad, and divided into the research of finance and social capital. The third part decribes the current status of internetwork private lending platform, as well as two major modes of the platform, with the two typical representatives, HaHa Dai and Yinduhui platform. The forth part analyses the existing major risks of internetwork private lending platform. The fifth part performs the samples data analysis, describing the effective factors of the platform risks based on the lending characteristic and the personel characteristic with binary logic model. The sixth part brings some recommendation based on previous describtion of the article. The seventh part gives the conclusion of the article, and confirms the funtion of internetwork private lending platform for the relief of current difficulty of finacial lending field..