Speech on Peer-to-Peer Lending for College Students.

That is to say, treat people sincerely, be honest, keep your word, do what you want, keep your word and keep your promise. The category of honesty consists of two concepts: "sincerity" and "faithfulness". Sincerity means sincerity and honesty; Letters refer to trusts and letters of credit. As a scientific moral category, "honesty" and "faith" are the products of modern society. Next, I will give you a lecture on peer-to-peer lending for college students. I hope it helps you.

In modern society, the marketization and internationalization of economy, the democratization and legalization of politics, the diversification of culture and the modernization of communication methods all highlight the value of honesty and require its practice. We can define honesty as the sum of psychological consciousness, principles and norms and behavioral activities that meet the requirements of the development of modern market economy, are closely related to modern economic contractual relations and democratic politics, and inherit the traditional virtues of honesty and trustworthiness. We should grasp the essence of honesty from the following aspects:

First of all, honesty is a kind of sincere and realistic attitude and trustworthy behavior quality that people must have in their life, life and practice. Its basic requirements are telling the truth, doing honest things and being honest. Honesty is sincerity and loyalty; Honesty means keeping your word and keeping your promise, which is the basic quality and character that modern people must and should have. Under the condition of market economy, only by establishing the moral quality of honesty and trustworthiness can people adapt to the requirements of social life and realize their own life value.

Secondly, honesty is a kind of social moral principle and norm, which requires people to guide their behavior with the principle of seeking truth and being pragmatic, and treat all work with the attitude of knowing and doing. In modern society, integrity not only refers to the commercial integrity between citizens and legal persons, but also includes social integrity based on social justice, such as institutional integrity, national integrity, government integrity, enterprise integrity, organizational integrity and so on. In other words, any government and system should be organized and constructed according to the principle of good faith, and should also exercise its functions and powers according to the principle of good faith. Once it deviates from the principle and spirit of honesty, the government will lose faith in the people and the system will become an unreasonable burden.

Thirdly, honesty is the dialectical unity of individual and society, psychology and behavior. Honesty is essentially the unity of virtue ethics and normative ethics or belief ethics and responsibility ethics, and the unity of deontology and utilitarianism, teleology and means theory. If "sincerity" emphasizes the sincerity of one's inner belief and is a kind of conduct and virtue, then "sincerity" is the externalization of this inner moral character and a kind of responsibility and norm. There is a saying in the history of China called "Sincerity in China, Faith in Foreign Countries". Honesty is not only a moral purpose, a belief that people should have, but also a moral means, a social responsibility that people should bear, and a way to seek and realize benefits. Honesty can be axiological and utilitarian, as well as deontological and deontological. The theory of value and the utilitarian view of honesty regard honesty as a kind of value and a means to achieve goals, and believe that without honesty, people cannot achieve their own development and perfection, and it is difficult to obtain long-term and real benefits. The view of honesty in deontology and deontology regards honesty as an obligation and an inherent requirement, and holds that people attach importance to honesty is the need to improve their own quality and realize all-round development. Even if it can't bring material benefits, it is still precious. We advocate the combination of deontology and utilitarianism on the issue of honesty. We regard honesty as a means of making profits and promoting development, and as a sacred mission and inherent obligation, which makes honesty noble and practical, great and ordinary, and embodies the value characteristics of "extremely bright and moderate" advocated by China traditional culture.

In a word, honesty is the foundation and origin of all morality. It is not only a personal virtue and quality, but also a social moral principle and norm; It is not only an internal spirit and value, but also an external reputation and resource. Honesty is the embodiment of morality and the guarantee or source of utility.

Types and manifestations of good faith

There are different types and forms of honesty. From the vertical historical coordinates, we can divide honesty into natural honesty in primitive blood society, family or interpersonal honesty in medieval agricultural society and public honesty in modern contract society. The natural integrity of primitive consanguineous society is manifested in the connection with consanguineous relationship, which arises from the needs of production and life within the original group, and the consanguineous group is the behavioral boundary of similar groups. In primitive society, where the level of productivity development is extremely low, individuals are completely dependent on blood groups, and naturally have loyalty and credit to blood groups, so "keeping promises and cultivating friendship" has become the basic code of conduct of primitive people. Moreover, this natural honesty is closely related to natural unity and courage, primitive collectivism and so on. The natural factors of honesty at this stage are more than social factors, and it is hazy, chaotic and lacking in ideological content as a whole. The honesty of the peasant society in the Middle Ages was the family or interpersonal honesty attached to the status class. Agriculture-based economy is a self-sufficient and closed inward-looking economy, which is limited by narrow space-time and communication. It relies on family ties and "acquaintance society" for production, exchange and consumption. People live in an acquaintance society, and thus form moral principles and norms such as honesty to maintain this acquaintance society. In such a society, people have different status levels and different rights and obligations, so the content, nature and methods of honesty are different. In modern market society, honesty is characterized by contract. An essential difference between modern society and traditional agricultural society is from identity to contract, from acquaintance society to stranger society, from personal attachment to personal independence. Modern market economy is an open and export-oriented economy, which links production and consumption through exchange. It breaks the kinship between people, breaks the traditional geographical restrictions and makes the "acquaintance society" enter the "stranger world". In such a society, the integrity of commodity exchange can only be carried out under the protection of laws and systems by relying on contracts and contracts. With the development of market economy, the norm of honesty has developed from subconscious to explicit ideology, and it has become increasingly clear and specific, becoming the most basic and universal criterion for regulating social relations.

From the perspective of horizontal realistic coordinates, we can divide the integrity of a society into economic integrity, political integrity and cultural integrity. Economic integrity refers to the integrity in economic life and material civilization construction, which is directly related to profit and credit, mainly manifested in the integrity of enterprises. Market economy should be honest economy, and honesty is the soul of market economy. As a borrower, whether it can gain market trust depends on its solvency; As an operator, whether it can gain the trust of investors depends on its operational ability; As an agent, whether you can gain the trust of controlling other people's assets depends on your ability to bear the asset responsibility to others according to law; As a laborer, whether he can gain the trust of the labor market depends on his professionalism and professional ability. With the rise of new trading methods such as e-commerce, online trading and futures trading, the spirit of credit ethics has become an important foundation for the healthy development of market economy. Experience at home and abroad shows that the more developed the market economy is, the more it is necessary to strengthen credit ethics, which is a prerequisite for integrating into the world economy and participating in international economic competition. Therefore, Franklin said, "Credit is money." Credit, trust and reputation are the passport of modern economic activities, as well as the power source and superior capital to ensure its success. Modern credit is the solemn commitment of the main body of economic activity to its own behavior and the positive evaluation of its performance by all walks of life. Credit includes professional credit in the sense of borrowing capital (including commercial credit, bank credit and consumer credit) and social credit in general economic activities. Trust is an economic relationship between two parties to a transaction based on credit. Only trustworthy enterprises can gain the trust of the public and have a good business environment. Reputation is the sublimation of general credit relationship. A trustworthy enterprise has a high reputation in the market and can be favored by other enterprises and consumers. Reputation is the spiritual wealth and value resource of an enterprise, a place and even a country, and even becomes a special capital. A reputable enterprise has a good image and high popularity in the market, which is itself a huge intangible asset. Economic integrity includes production integrity, exchange integrity, distribution integrity and consumption integrity, which are embodied in economic decision-making, economic activities and economic evaluation.

Political integrity refers to the integrity in political life and political civilization construction, which is mainly manifested in government integrity. Honesty should be emphasized in governing the country. Zi Gong was a student of Confucius. He asked Confucius how to govern the country. Confucius summarized it as "sufficient food and grass, many soldiers and people's trust." Zi Gong asked which of the three must be removed and which one to go to first. Confucius replied without hesitation: "To join the army." Zi Gong asked which of the two items should be removed: "having enough food" and "being trusted by the people". Confucius replied, "Eat." In Confucius' view, "there has been death since ancient times, and the people cannot stand without faith." Building people's trust in the government is more important than a strong army and adequate food for the "establishment" of the country. Xunzi also had a profound understanding of this. He believes that the law is strong if it wins the trust of the people, and the country is weak if it does not win the trust of the people. Therefore, the purpose and foundation of governing the country should be to establish faith. In modern society, political democratization has become a trend, which requires standardizing the behavior of the government and its officials according to the principle of good faith, increasing the transparency of government behavior, avoiding administrative monopoly and black-box operation of administrative work, making government affairs open, administering according to law, and establishing an honest government. In addition, political integrity also includes the integrity of political activities and political systems.

Cultural integrity is the integrity in cultural life and spiritual civilization construction, which is mainly manifested in educational integrity and academic integrity. In contemporary China, developing advanced culture means developing national, scientific and popular socialist culture facing modernization, the world and the future, constantly enriching people's spiritual world and enhancing people's spiritual strength. To build an advanced socialist culture, we must adhere to the direction of serving the people and socialism, adhere to the policy of letting a hundred flowers blossom and a hundred schools of thought contend, arm people with scientific theories, guide them with correct public opinion, shape them with noble spirit and inspire them with excellent works. To this end, it is necessary to strengthen the civic moral construction focusing on honesty and trustworthiness, implement the moral standards and systems of honesty and trustworthiness in all walks of life, and resolutely eradicate dishonest behaviors in the spiritual and cultural fields.

The function and function of honesty

In social life, honesty not only has the functions of education, encouragement and evaluation, but also has the functions of restraint, standardization and adjustment. Personally, honesty is a noble personality force; For enterprises, honesty is a valuable intangible asset; As far as society is concerned, honesty is a normal production and living order; As far as a country is concerned, honesty is a good international image.

First, honesty is the foundation of an individual. Honesty is a moral quality and character that an individual must possess. If a person does not have honest moral character and quality, it is not only difficult to form a complete self with internal unity, but also difficult to exert his potential and achieve success. Cheng Yi pointed out: "A scholar must not be dishonest, be dishonest and be good, and be dishonest and be a gentleman. If you don't study honestly, you will learn miscellaneous things; If you don't do things honestly, you will lose; Self-seeking is not sincerity, but deceiving your heart and abandoning your loyalty; If you don't treat others with sincerity, you will lose your morality and increase your resentment. " "Honesty" is not only the foundation of virtue and goodness, but also the guarantee of success in all undertakings. "Honesty" is a sign of a person's image and reputation, and it is also the moral quality that a person should have at least. Confucius said, "If you believe, you are responsible." "People don't believe it and don't know what to do." Be sincere internally and believe externally. A person's heart is sincere, and his mouth must have faith; Be sincere in your heart, believe in your mouth and be sincere in your body. Honesty is an important guarantee to realize self-worth, and it is also an inherent requirement for individuals to cultivate themselves and achieve goodness. Lack of honesty will put the self in a very embarrassing situation, and it is difficult for individuals to make positive judgments and evaluations on their own lives. At the same time, the lack of honesty not only deceives oneself, but also deceives others. This kind of self-deception not only destroys the sound self, but also destroys interpersonal relationships. Therefore, honesty is the foundation of personal life and the treasure of life. Individuals stress moral cultivation and moral self-education, and cultivate ideal personality, which requires sincere and faithful self-cultivation and self-transformation. Ancient thinkers in China emphasized the position and function of "pure heart" and "anti-pure heart" in personal moral cultivation, and thought that the key of Xiu De was to have a pure heart and a pure heart. The degree of sincerity determines the height that Xiu De can reach. It can be said that "sincerity can make the stone open" and "there are incorrigible people in the world, for fear that sincerity will not come; There is nothing to do in the world, but I am afraid that my determination is not strong. " Therefore, China people put special emphasis on "being true, telling the truth and doing practical things".

Second, honesty is the foundation of enterprises and institutions. As a universally applicable moral principle and norm, honesty is a moral lever to establish a benign interactive relationship between industries and units. Honesty and trustworthiness is an important norm in the construction of socialist professional ethics. Honesty and trustworthiness is the code of conduct that all employees must and should follow in their professional activities, covering the relationship between employees and customers, occupations and employees, and occupations and occupations. The activities of enterprises and institutions are all human activities, so to develop, we must pay attention to honesty. Because development not only includes the enhancement and promotion of the organization's own strength and viability, but also includes the optimization and improvement of the relationship between organizations, organizations and external and internal factors. Whether it is the enhancement and promotion of an organization's own strength and viability, or the optimization and improvement of its internal and external relations, honesty is indispensable. Honesty not only produces benefits and materialistic social wealth, but also produces harmonious and spiritual social wealth. In a market economy society, "the customer is God" and the market is a just judge. If an enterprise betrays God, operates in bad faith and blindly goes astray, the result will inevitably be eliminated by the market. Honesty is the cornerstone of shaping corporate image and winning corporate reputation, an important weight to defeat the enemy in competition and the lifeblood of modern enterprises.

Third, honesty is the foundation of a national government. The main body of the country is the people, and the sovereignty of the country also belongs to the people. China's ancient political ethics emphasized that "the people are the foundation of the country, and the country is the foundation", "the people are the most important, the country is the second, and the monarch is the least", and "those who win the hearts of the people win the world, and those who lose the hearts of the people lose the world", holding that national leaders should win the trust of the people with sincere attitude and methods, so as to realize the people's living and working in peace and contentment, and the country is peaceful and clear. In the Tang Dynasty, Wei Zhi wrote to Emperor Taizong: "The elders who seek wood must be solid; Those who want to flow far away will dig their source; Those who think about the security of the country also accumulate virtue. " (Zhenguan politician, on the first way to govern) The way to govern the country lies in respecting benevolence and righteousness, the main content of which is honesty. Liu Zongyuan said: "Faith is the law of politics, and we can't just let it go." In Song Dynasty, Sima Guang pointed out in Zi Tong Zhi Jian: "A man who believes in his husband is a man's wealth. The state is protected by the people and the people are protected by the written language. It is impossible to convince the people, and it is impossible for them to defend the country. Therefore, the ancient king did not bully the four seas, and he did not bully his neighbors. He who is good at his country does not bully others, and he who is good at his family does not bully his relatives. On the contrary, bad people bully their neighbors and their people, even their brothers and their fathers and sons. If you don't believe it, you won't believe it, and you will be centrifugal up and down, so that you will lose. " The above remarks show that honesty is the basic principle for leaders to govern the country. Honesty constitutes national morality and dominates national luck. Without honesty, it is impossible for national morality to have a long-term and upward national destiny. In modern society, democratic politics has become a trend and requires honesty as the basic principle of governing the country. The core of politics is power. The historical form of political power is private power or centralized power, and the power under democratic politics is public power. Public power means that power belongs to the people and essentially serves the people. The legitimacy of power comes from the people's trust. If we lose the trust of the people, we will lose the foundation of the legitimacy of power. China is a socialist country, and building a high degree of democracy is an important task in the construction of socialist political civilization.

With the rapid development of Internet technology and the liberalization of financial policy, P2P peer-to-peer lending came into being. In China, P2P directly connects borrowers and lenders through the Internet, without the participation of banks, and both parties complete loan transactions through P2P platform. This model has attracted people's close attention because of its advantages of openness, transparency, convenience and simplicity, and at the same time, it can fill the shortcomings of traditional financial institutions and private credit.

This paper mainly studies and discusses the problems existing in P2P micro-loan under the Internet environment, and puts forward some countermeasures to promote the development of online loan, so as to make the P2P industry develop in the right direction in P2P lending. Due to the imperfect credit information system, imperfect legal policies, weak supervision of relevant departments and insufficient platform development, it is difficult to obtain a good return on investment, so it is of great practical significance to study and understand P2P micro-grid loans.

Keywords network loan; Countermeasures; Meaning; P2P mode

In the Internet environment, Internet finance is a very fashionable and popular word, and in the Internet finance industry, P2P online lending can be said to have sprung up and become a hot topic.

Peer-to-peer lending refers to the direct transaction of funds between individuals through the peer-to-peer lending platform, which is usually called Renren Loan in China.

P2P lending platform is mainly responsible for investigating and auditing the authenticity of identity information of borrowers and borrowers, releasing information and promoting the smooth completion of transactions, but it does not participate in the transactions of both parties.

First, the problems of P2P online lending

According to the statistics of online loan home, by the end of 20 14, 1 1, there were 204 online loan platforms in China with different problems such as the boss running away and the difficulty in withdrawing cash. In 1 month alone, more than a dozen online lending platforms closed down, involving nearly one billion yuan, and the interests of investors were damaged. Many problems are reflected behind these events.

1, personal credit information system is not perfect.

China began to establish the personal credit loan market after the emergence of credit cards, and before that, customer information data has been in a blank state; Abroad, the credit data system in the United States is 200 years earlier than that in China. A mature personal credit information system conducts credit records and risk assessment for small businesses and individuals, reduces the operational risk and bad debt rate of the platform, and maintains the healthy operation of the website. Moreover, due to the distribution and integrity of data, there are many problems in China's credit information system, which leads to some fraudulent websites defrauding customers' property.

2. Lack of supervision leads to financial fraud.

Although it is reported that the CBRC will soon supervise P2P online lending companies, the official has not confirmed this rumor. Zhao, former general manager of China Construction Bank Credit Card Center, and Yang Yifu, founder of Renren Loan, both said that P2P online lending should be supervised by the regulatory authorities as soon as possible.

20 14, 14, Wangwang Loan suddenly closed down, tens of millions of yuan of funds disappeared, and thousands of investors were cheated. Behind these similar incidents, important issues such as industry irregularities are reflected.

In some areas, due to the large business volume, as long as the form of the property right certificate provided by the registered enterprise is reasonable and legal, the industry and commerce will generally accept it and will not go to the site for verification. Want Want Loan is registered in Longgang District, Shenzhen. After the incident, the relevant personnel verified the address in detail and found it to be false.

In addition, some online lending platforms are self-financing platforms, and shareholders are from entity business owners. The original intention of its establishment is to help its own company raise funds, not a real intermediary platform. So users will put their own money into this platform. Once the platform is closed, the boss will donate money and run away, and users will suffer huge losses.

3. Lack of laws and regulations

P2P lending website is a new private lending model in recent years. The laws and regulations on P2P are almost blank, and there is no clear legal provision for P2P industry standards. The legal basis followed in the operation of online lending platform is "Several Opinions of the Supreme People's Court on People's Courts Hearing Lending Cases" and "Contract Law"-the interest of private lending can be higher than the bank interest rate, but it should be appropriate, and the maximum interest rate should not exceed 4 times that of bank loans in the same period, otherwise the law will not protect the excess interest.

Due to the lack of clear legal provisions, P2P platforms run away, close down and illegally raise funds, which is not conducive to the healthy development of the industry. For example, the first online loan fraud case occurred in China on 20 14 10. The virtual borrower of the website lured many victims to lend funds at high interest rates, which were illegally occupied and finally directly entered the personal account of the controller; Bell Venture Capital, once a sensation, was reported to be suspected of fraud by Hongling Venture Capital. These phenomena, such as using P2P legal loopholes to cheat and run away with money, have seriously affected the reputation of P2P industry and are not conducive to the development of existing platforms.

4. Network security is risky.

First, in the early stage of P2P industry development, online lending companies signed anonymous trading contracts for reasons such as protecting the privacy of borrowers and investors and attracting more customers to participate. However, with the development of P2P, in order to further enhance the transparency of loan transaction information and embody the principle of fairness and justice, peer-to-peer lending requires a lot of real-name authentication, requiring borrowers to fill in their real names and bank card operation records. A large number of borrowers' personal data are kept on the website. For example, Heli Loan implements real-name authentication; In the model loan agreement of Renren Loan, the borrower is required to fill in his real name and ID number. These practices can put an end to false transactions between individuals and institutions, and once disputes arise, lenders will be more likely to file lawsuits. However, once the customer information on the website is leaked and used by criminals, it may bring serious losses to both borrowers and lenders.

Second, some online lending platforms have security risks. They just operate directly by buying simple code or packaging simple technology online. There are many loopholes in the code, which makes hackers take advantage of it and suffer losses. For example, many online lending platforms closed down in April of 20 13, because code loopholes were hacked, which caused investors to lose millions of funds.

5. Illegal fund-raising

Illegal fund-raising involves three situations; First, engage in a pool of funds. Some P2P online lending platforms may package the loan information of this website into various wealth management products and sell them to investors, or publish false loan information to attract investors to invest. In this process, the lender's funds will enter the platform account, and the platform will collect funds to generate a pool of funds; Second, some P2P online lending platforms do not strictly verify the true identity of borrowers, and borrowers publish false loan information (also known as loan targets) through the platform to raise funds for investment, which leads to an increase in the risk of illegal fund-raising. Third, Ponzi scheme. It means that the platform attracts investors by fabricating false high interest rates and pays interest and debts to old investors with the funds of new investors. At present, there have been cases of fraud by using false information, such as 20 13 gold rush loan, and you Yi absconded with the money. Among them, bad debts accumulated to a certain extent, which directly caused Ponzi scheme.

Second, suggestions to promote the development of P2P micro-credit loans

1, establish and improve the personal credit system.

The government can learn from the European continent's credit information system model-government-led personal credit information system, invest in the development of social and cultural infrastructure, establish an information service registration center, constantly improve the database, form a national survey network, comprehensively collect customer information, and be supervised by the regulatory authorities; At the same time, domestic major banks and related financial institutions, companies and third-party payment platforms need to provide relevant credit information of customers and consumers to the information service registration center. When collecting, sorting and registering data, the information service registration center not only needs to register positive information, but also can register negative credit information, but also needs the written consent of the borrower, which is conducive to the exchange of personal credit information, greatly reducing the risk of borrowing and reducing the possibility of loan funds being misappropriated for other purposes.

2, formulate laws and regulations, the establishment of regulatory agencies.

First, appoint the CBRC or other institutions to intervene in supervision for the supervision department and conduct in-depth follow-up research. All online lending companies should actively cooperate with the regulatory agencies to make suggestions for the establishment of industry norms [9]. For example, the introduction of relevant laws stipulates the nature, characteristics, business scope and precautions of peer-to-peer lending in the form of legal provisions. Websites engaged in peer-to-peer lending play the role of intermediaries and do not provide any guarantee. Websites can't participate in the transactions between the two parties, crack down on and ban fraudulent websites, and prevent some P2P online lending companies from using legal loopholes to carry out illegal activities.

Second, the online lending platform is required to deposit customer funds in third-party accounts and implement third-party custody. The so-called third-party custody means that the funds of both borrowers and borrowers are not deposited in the account of the online loan company, and the flow of funds is only related to the custody company, and the online loan platform does not involve trading funds. Implementing third-party custody can effectively prevent online lending platforms from misappropriating loan funds without authorization and reduce risks. At the same time, both borrowers and lenders who implement third-party custody need to provide personal information such as real identity, which is highly accurate and helps to reduce the possibility of virtual lending on the platform to engage in fund pools.

Third, clear the entry threshold of P2P industry. In China, with the rapid development of P2P industry, there are no clear access standards, no professional employees, no restrictions on registered capital, and business development does not need approval. If the industry entry threshold is set, it will help to reduce risks and contribute to the more standardized development of P2P. Hong Kong and the United States have certain requirements for the entry threshold of P2P industry. On April 2 1 2004, Liu, the leader of the leading group for handling illegal fund-raising by CBRC, revealed to the society four bottom lines that P2P should not cross: First, it was clear that the platform was only an intermediary, responsible for matching the transactions between borrowers and lenders, but could not participate in the transactions; Second, it is necessary to make it clear that the platform itself should not provide guarantees, and strict regulations should be made on the guarantee units to meet certain conditions before providing guarantees; Third, the borrower's personal information must be true and reliable, and it is not allowed to publish false information on the platform or illegally issue wealth management products.

However, in the Internet Finance Innovation and Supervision Forum held on February 6, 20 14, it was not clear whether there would be a supervision policy this year, so self-discipline in the industry was largely needed.

3. Strengthen self-discipline within the P2P industry.

Although it is in a regulatory blank, as a P2P online loan itself, it should strengthen industry self-discipline and not build a fund pool. The website information needs to be open and transparent, and the loan amount published on the platform should be consistent with the lender's loan amount.

Moreover, technically, P2P lending platform needs to devote itself to the research and development of credit information system, build a stable, safe and reliable operating system, improve the level of it technology, recruit a large number of senior talents, and protect users' private information from being leaked and the security of network transfer funds.

At the same time, for the long-term development of the platform in the future and providing quality services to customers, it is necessary not only to make borrowers' information transparent, but also to educate investors effectively, so that they can truly understand the products and services of the platform and cultivate long-term loyal investors.

4. Strengthen risk control management.

The online lending platform must strengthen risk control management to make online lending safer and more reliable.

First, strict inspection of borrowers, in-depth understanding of borrowers and enterprises, and different credit scores through different authentication methods can not only ensure that borrowers' information is more comprehensive and accurate, but also help websites to better control platform risks. For example, in the credit scoring rules established by Heli Loan, the authentication methods include: real-name authentication, email authentication, on-site inspection, credit card statement, and the front and back of ID card.

Second, online lending companies should promptly disclose the borrower's information, such as repayment status and repayment records, to reassure lenders through transparent operations. When advertising to lenders, the investment income needs to be justified and can not be blindly exaggerated; While publicizing investment income, we must put risk control in the first place, so that investors can understand that the market is risky and investment needs to be cautious.

Third, encourage lenders to diversify their investments to reduce risks, otherwise, when customers' funds are invested in a few concentrated customers, there will be highly concentrated risks; Once some customers fail to repay the principal and interest on time, it will not only be a devastating blow to the online lending platform, but also make investors suffer losses.

In recent years, P2P has developed rapidly, and its advantages will continue to make up for the shortcomings of traditional financial institutions, and develop in parallel with traditional financial institutions to achieve a win-win situation.

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