Research on the Risk Control of the Finance Industry Among Teenagers

Abstract

Teenager consumer finance has launched a variety of service modes: JD Xiaoyuan Baitiao, Ant Check Later, Mingxiaodai network lending platform and so on, thus promoting the development of teenager consumer finance. This paper elaborates the definition of teenager consumer finance, analyzes the reasons for its rise and development stages, and points out four main service modes of teenager consumer finance. Through the collection and comparison of the literatures, it is found that the teenager consumer finance industry faces four risks and the corresponding countermeasures are proposed. Finally, by taking Fenqile as a specific case, the paper analyzes the latest measures taken by the industry to respond the risk control and reaches the expected research purpose.