Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics (ICEMSE 2019)

Risk Prevention of P2P Online Loan Based on the Criteria of Selection of Commercial Bank Loan

Authors
Chenqi Jiang, Caixia Zhou
Corresponding Author
Chenqi Jiang
Available Online September 2019.
DOI
10.2991/icemse-19.2019.148How to use a DOI?
Keywords
online peer-to-peer lending, commercial banks, investors, lending platforms
Abstract

This paper empirically tests whether the traditional commercial bank lending selection criteria can help investors effectively reduce lending risk. Establishing Poisson and Logit regression models based on loan data of RenrenDai, the results show that although the borrower who provides proof information according to the commercial bank loan screening criteria makes the investor spend more time to judge, it significantly reduces the number of bidders required to complete the tender, and the probability of default is also lower. This reveals that the traditional commercial bank lending selection criteria still have good applicability in the network lending market, providing investors with an effective information review reference to accurately judge the situation of borrowers, lowering the investment risk as well.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics (ICEMSE 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
September 2019
ISBN
978-94-6252-796-6
ISSN
2352-5428
DOI
10.2991/icemse-19.2019.148How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Chenqi Jiang
AU  - Caixia Zhou
PY  - 2019/09
DA  - 2019/09
TI  - Risk Prevention of P2P Online Loan Based on the Criteria of Selection of Commercial Bank Loan
BT  - Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics  (ICEMSE 2019)
PB  - Atlantis Press
SP  - 639
EP  - 642
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemse-19.2019.148
DO  - 10.2991/icemse-19.2019.148
ID  - Jiang2019/09
ER  -