The rapid development of P2P is accompanied by words such as high income and high risk. As a P2P online loan practitioner, I try to analyze this problem from an objective perspective. As far as the problem itself is concerned, "how to control risks", first of all. Let's first understand the risks of P2P.
I. Credit risk
Generally speaking, the use of Qian Shengqian's business involves relatively large funds. Once the credit crisis occurs, it will be a huge loss for investors. The credit crisis is invisible and difficult to detect on the moral level.
How to control the moral hazard of the boss?
1. The purpose of the founder to establish the platform.
Earning money, pursuing social status and pursuing ideals are all positive purposes. But if the purpose is to cheat money, pay off debts, and borrow money by yourself, such a purpose needs to keep a respectful distance from investors.
Some investors hold a speculative attitude and think that as long as the funds are recovered before the scammers run away, they don't know that it is a matter of minutes to run away from the platform for the purpose of defrauding money and illegally raising funds.
2. The background, experience and personality of the founder
It is best for the founder or founding team to have both financial and internet backgrounds. Third, there is at least one. If you are an inexperienced entrepreneur or a complete layman, the risk here is great.
I specifically mentioned character here, and character is sometimes more important. If Shi Yuzhu opens a platform, it promises to guarantee. Then I gave him the money completely at ease, because even if he went bankrupt, he would make a comeback and pay it back. In the Internet age, it is getting easier and easier to understand a stranger's personality: through Weibo and WeChat circle of friends, we can know this person's concerns, food, clothing, housing and transportation, and we can judge what kind of person he is.
3. Processes and systems
Process and system are the most effective methods to control moral hazard. Formal P2P, the company boss is not authorized to use investors' funds. The investor pays the top-up to the third party-the borrower receives the loan from the third party-the borrower pays the repayment to the third party-the investor pays the cash withdrawal from the third party.
Strict use of third-party payment platforms has largely eliminated the possibility of running.
In addition, the internal financial system of the company is also very important. Large cash withdrawals need to be manually reviewed by more than two departments and different positions around the world, which can ensure the rationality of capital flow to a certain extent.
Second, the risk of loan management.
Is it a credit risk management ability to handle one or two loans and then get the money back? Otherwise, I lent money to my wife, and then the money was recovered, and the overdue rate was 0%. That doesn't mean I'm excellent. The ability of credit risk management lies in managing the number of customers of "strange" borrowers (note that it is quantity, not amount). The more clients you manage, the stronger your ability.