Risk reserve refers to the P2P lending platform (such as * * * Win Club) extracting a certain proportion of funds from each loan (paid by the borrower) as the same risk reserve for all investors, which is used to advance the losses of investors when the borrower is overdue. The maximum amount that can be paid in advance is generally limited to the total amount of risk margin in the current period, and the insufficient part is rolled over to the next period. The risk reserves of many platforms are kept in separate accounts, which is also a way to ensure the safety of investors.
Risk reserve fund assistant: This system is specially formulated to strengthen the management of the company's reserve fund, improve the efficiency of fund use, effectively control the occupation of funds and ensure the safety of funds. This scope is applicable to Baishi Group and its subordinate departments, branches, branches and subsidiaries. 3 Terms and Definitions 3 1 Reserves refer to the warehouses and other organizations configured by the company headquarters to meet the business needs of various departments.