in the area of finance, manual auditing has been an essential part of the process of lending, credit cards, etc. the need for manual auditing as an internet finance company has also become a concern for many users。

do you need a manual audit for e-loans

first of all, let's get to the background of e-loans. e lending is an online lending platform established in 2014 to provide diversified, flexible online financial services to a wide range of users through collaboration with multiple banks and third-party payment agencies in the country. its loan approval process is divided into three main stages: information preparation, system review and manual review。

the completion of the information is generally done by the client on his/her own initiative, including identification information, contact information, career information, use of the loan, etc., and the client has direct access to the system review once submitted. the next system review is based on e-loan-owned risk management models, which are assessed through information submitted by users to determine whether the client meets the loan criteria. the final manual clearance is the validation of client information and risk assessment results through a manual clearance team。

so let's look at the details of the manual audit of e-loans. according to the e-creditor network, manual review is divided into eight main areas: customer submission, credit rating, risk assessment, loan use, bank card information, job information, contact person information, manual telephone. it is clear that e-loans are very detailed in the processing of clients ' applications。

while e-loaning uses an autonomous risk management model to audit clients, e-loans still require the assistance of a manual team in terms of manual audit content. since, while the information submitted by the loan applicant may be true and accurate, the actual eligibility of the final applicant for borrowing still requires manual review and confirmation. at the same time, e-loans have been reviewed for their use, which is an essential part of the manual review. taken together, e-lending manual audits also safeguard the user ' s right to borrow while ensuring platform risk management。

there are, however, some deficiencies in manual audit of e-loans as compared to traditional financial institutions. for example, in the process of manual clearance, the review team is required to communicate by telephone to confirm client information, which also provides the applicant with greater room for fraud. in addition, there are cumbersome processes and slow approvals, which may affect the borrowing experience of clients. as a result, additional efforts are needed to improve the efficiency of manual audits and improve the audit system。