1. The platform is self-financing, that is, the person in charge of the platform absorbs funds through the network platform, and then uses these funds to invest in the project. The platform has centralized cash withdrawal, and the money previously invested has not been returned, resulting in the break of platform funds.
2. The platform has a real loan business, but it adopts the method of splitting the target, that is, splitting the three-month loan target into one month to issue. Investors withdrew cash in a large area, the platform could not pay back the money in time, and the capital chain was broken.
3. The risk control of the platform can't keep up, the bad debt rate is too high, the platform promises that investors' income is too high, there are too few high-quality businesses, and some borrowers can't repay normally, which leads to the break of the platform capital chain.