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ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables) | 12 Months Ended
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Dec. 31, 2016
ORGANIZATION AND PRINCIPAL ACTIVITIES |
Schedule of the Company's subsidiaries and consolidated VIEs |
|  | Date of incorporation/ establishment |  | Place of incorporation/ establishment |  | Percentage of legal ownership |  | Principal activities
Wholly owned subsidiaries |  |  |  |  |  |  |  |
Yirendai Hong Kong Limited (“Yirendai HK”) |  | October 8, 2014 |  | Hong Kong |  | 100% |  | Investment holding
Yi Ren Heng Ye Technology Development (Beijing) Co., Ltd. (“Heng Ye”) |  | January 8, 2015 |  | PRC |  | 100% |  | Provision of consultancy information technology support
Chongqing Heng Yu Da Technology Co., Ltd. (“Heng Yu Da”) |  | March 21, 2016 |  | PRC |  | 100% |  | Provision of services relating to IT, system maintenance and customer support
Variable interest entities |  |  |  |  |  |  |  |
Heng Cheng Technology Development (Beijing) Co., Ltd. (“Heng Cheng”) |  | September 15, 2014 |  | PRC |  | Consolidated VIE |  | Services for online marketplace connecting borrowers and investors
Huijin No.28 Single Capital Trust E1 (“Trust No.1”) (1) |  | October 16, 2015 |  | PRC |  | Consolidated VIE |  | Investment in loans through the Company’s platform
Yiren Elite Loan Trust Beneficial Right Asset Backed Special Plan (1) |  | April 22, 2016 |  | PRC |  | Consolidated VIE |  | Host of Beneficial Right Asset
CreditEase Wealth Consumer Credit Investment Fund (“Fund No.2”) (1) |  | July 5, 2016 |  | PRC |  | Consolidated VIE |  | Sole beneficiary of Trust No.2
Huijin No.28 Single Capital Trust E2 (“Trust No.2”) (1) |  | July 8, 2016 |  | PRC |  | Consolidated VIE |  | Investment in loans through the Company’s platform
Yiren Financial Information Services (Beijing) Co., Ltd. (“Yi Ren Wealth Management”) |  | October 13, 2016 |  | PRC |  | Consolidated VIE |  | Wealth Management Consulting Service
| (1) |  | The Company consolidated Trust No. 1, Yiren Elite Loan Trust Beneficial Right Asset Backed Special Plan, Fund No. 2 and Trust No. 2 as a whole, which are named “Assets Backed Financing Entities” or the “ABFE”.

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