Many friends hold a wait-and-see attitude towards p2p platform, and the reason why they dare not invest is risk. In fact, as long as it is an investment, no matter what kind of investment, there will be risks. However, in recent years, the news that the p2p industry has run away and closed down frequently appears, which makes many friends full of doubts and distrust on p2p. Then, why do p2p platforms frequently explode positions? One of the most important reasons is the high overdue rate and the high bad debt rate. You can't get the borrowed money back. When investors mention it, the platform will not run out, and "Kuang" will be abolished. Why are there high overdue rates and high bad debt rates? In the final analysis, the risk control measures are not done well, and the risk management is not strict, resulting in the inability to recover funds.

Today, let's talk about how the p2p platform does risk control.

1. Before lending: refers to before credit approval is completed. Risk control means mainly include:

1) Inquire about the central bank's credit information (because our assets are connected to the central bank system, which is convenient for inquiry), and issue a data risk report to confirm whether to refuse; (For example, if there are more than three overdue records in one year, and the overdue time exceeds 2 months, it will be rejected directly at the same level. Credit checking account, that is to say, people who don't have a credit card consumption record will also be rejected, because using a credit card has proved that they have certain qualifications to some extent. )

2) Manually check identity information, social security records, court execution records, asset certificates and bank accounts; (Income record)

3) Call your relatives, friends or company colleagues manually for information;

4) Generally, cash loan companies will access a lot of third-party credit data (non-central banks, and at present, cash loan companies can't directly query the central bank system like licensed small loans), and then compare whether there are multiple applications and whether there are default records, and manually search whether there are loan records of other companies in the industry; (Generally, a lot of information of the approver in a city can be exchanged to replace the missing credit link.)

5) Some companies will secretly look at the user's address book, whether the number of contacts in the address book is reasonable, whether there are call records, and whether the frequency of call records is reasonable;

6) If it is a small enterprise customer with a high amount, you need to go to the enterprise site manually. The general process is as follows: firstly, the customer information is screened in the anti-fraud system for pre-screening, and then the approver checks the identity information, income and work information of the customer again. Conduct field visits in many places and strictly control the borrower's financial situation, business scale and repayment ability.

The most important links of risk control are strict pre-lending audit, loan project audit, borrower's credit audit, borrower's assets audit, borrower's credit report audit and borrower's asset appraisal mortgage report audit.

Necessary materials submitted by the borrower, such as bank statement, credit report, proof of repayment source, etc. , field survey, network information survey, telephone verification, work organization survey, analyze the borrower's repayment ability through the submitted materials, and determine the loan amount accordingly.

2. The loan is in progress: that is, between the confirmed appropriation and the actual loan.

Orthodox microfinance companies generally sign contracts face-to-face and offline. The borrower needs to bring the original ID card and qualification certificate to the site to answer some on-site audit questions. In addition, they should go to the site to check online banking or telephone banking in person (running water fraud is too severe now, it would be better to open the webpage or monitor the recording by telephone in person).

If the customer's answer is inconsistent with the submitted materials, especially the running water of the bank, it will be rejected on the spot.

3. After the loan: that is, after the actual loan.

Non-overdue: SMS and telephone reminder 1-2 days before repayment.

Overdue: transferred to the collection link. Generally, they will be urged by themselves within 3 months, and will be outsourced to a collection company after 3 months.

There are different collection strategies, and adopting different collection strategies can ensure the risk control level of general holidays. Follow up every month, and adjust the credit policy immediately if there is any danger signal. Those who do well in this industry generally have their own collection team. Car loan companies generally install GPS tracking mortgage vehicles on vehicles mortgaged or pledged by customers.

Repayment guarantee measures

After the deadline, the loan company will start a professional legal team and a collection team to enforce the law, and provide repayment guarantee through legal channels such as the realization of collateral and the seizure of fixed assets.

These are all things that a regular p2p platform should do, but why are there so many overdue and bad debts? Because many p2p platform risk control measures are not fully implemented, especially small companies and platforms, there is not so much manpower to strictly review borrowers, and many things are superficial and handled casually, resulting in overdue, bad debts, unrecoverable funds and platform closure.

Here, let's talk about the risk control advantages of the car loan platform. It is a wealth platform in the palm of your hand and is mainly engaged in car loan business. Compared with personal credit loans, mortgage loans no longer rely solely on the personal credit risk control model built by the platform, but rely more on the valuation discount of collateral. Real collateral is more practical than digital rating, and the borrower's repayment ability is also confirmed at the collateral.

At present, the most important things on the market are real estate mortgage and vehicle mortgage. The advantages of vehicle mortgage loan are that the loan amount converted by vehicle price is small, the risk is easily dispersed and the loan period is relatively short.

For the project of vehicle pledge, the property of the vehicle determines that the owner will redeem the car as soon as possible, with high default cost and low default rate.

The amount of vehicle mortgage loan is generally controlled at about 70% of the car valuation, and the used car is between 40% and 50%. The borrower's voluntary breach of contract is not worth the loss.

All borrowers' vehicles in charge of wealth have been registered in the vehicle management office, and the mortgage registration records can be checked, so it is difficult to falsify.

In case of default, the vehicle will be realized faster than the real estate, and the short-term value preservation of the vehicle will be stronger, which is not easily affected by short-term policies or the international situation.

With the development of technology, the platform controls the mortgaged vehicles better and better. Except the pledged vehicles will be stored in the special parking lot, the mortgaged vehicles will be equipped with GPS and monitored by special personnel in real time to ensure the safety and controllability of the mortgaged assets.