Peer-to-peer industry to continuously improve the wind control system to enhance transparency to be more secure

For Peer-to-peer Network loan industry, the safety index depends on both the wind control system and the platform security. Now each Peer-to-peer platform commonly used wind control methods are: installment repayment, Innovation letter audit system, financing guarantee institution guarantee, asset mortgage guarantee.
The so-called installment repayment, is the platform requires the borrower to repay the debt, the borrower's repayment pressure is small, to a certain extent, control the capital risk, such as everyone loans. The
innovation system is to require borrowers to provide identity cards, hukou, marriage licenses, asset certificates, repayment records and other information indicators into the credit system, comprehensive assessment of the borrower's credit level, and to draw up the borrowing rate, such as racket loans. The guarantee of the financing guarantee institution is the wind control method adopted by many platforms at present. However, the current market guarantee company's qualifications and strength of good and bad, institutional security also hidden risks, many platforms, although the claim that a number of agencies jointly provided, but did not disclose sufficient information to investors to prove the security strength. For example, some platforms lend up to billions of, but guarantee agencies have only about 100 million of the scale.
There is also a more robust wind control is the asset mortgage guarantee, the loan project needs to be a specific form of asset valuation collateral, such as real estate, vehicles and so on. Mortgage guarantee mode is a more traditional way of wind control, because the use of asset mortgage loan threshold is higher, a large number of non-joint venture borrowers are blocked outside the door, it has become a variety of wind control measures in the highest security. But this kind of wind control way has the very big limitation to the loan source reception, therefore has not been widely adopted by each platform.
Nevertheless, the quality of the mortgaged assets will also affect the safety of the wind control method. Some platforms do not set a clear demand for mortgage assets, when overdue, the mortgage assets can not be realizable or full reimbursement; others explicitly require that the mortgaged property be in a first-tier city with a registered enterprise, with a credit limit of 70% of the asset valuation. Therefore, only strict control of mortgage asset quality guarantee measures security is the highest. Currently, Fortis is using this approach and is one of the few platforms to adopt this approach.
It is understood that Fortis loans using a single real estate mortgage, mortgage property are complete formalities of the Beijing five ring real estate, so the protection of real estate mortgage, greatly improve the threshold of loans, and thus to protect investors ' capital security, and if the situation of repayment is not smooth, take the company first payment principle, Completely eliminates the investor to the risk the concern, greatly reduces the risk factor.
In addition to the wind control system, the transparency of information can not be ignored, "transparent" in the Peer-to-peer Wind control management system, the main three meanings: first, the credibility of transparency, the second is the mode of transparency, the third is transparent flow. More and more Peer-to-peer platform is also beginning to realize the importance of information transparency, and actively through the information release, line boarding, etc. for users to answer questions, through various forms of the Company's basic information, platform operations, basic business data and other information to investors disclosed, On-site to let investors understand the platform they invest to narrow the distance with investors.
Peer-to-peer LineIndustry, the perfect wind control system and platform information transparency is not only the demand of investors, but also peer-to-peer industry's own requirements. When talking about Peer-to-peer platform supervision system, the CBRC stressed that security and transparency is a peer-to-peer life, peer-to-peer industry should constantly improve the wind control system, fully disclose information and improve transparency, in order to continue to grow and develop healthily on the road.