Civil Law Research Network Lending

Folk network lending is in th e credit market supply and demandunbalanced situation arises at the historic moment, alleviate the smallbusiness and personal loan difficult problem, and at the same time, to acertain extent, to stimulate the vigor of the credit market in China. Folknetwork lending is usually small unsecured loans, covering the loaneepeople in general are low-income class, the existing banking system can’tcover, so the bank system is necessary and effective supplement; Folknetwork lending with the network, the power of changing, emphasizingeveryone to participate in, so as to effectively reduce the costs and risksof review, make small loans become possible; Folk network lendingplatform does not participate in borrowing, more thing is informationmatching, tool support and service and other functions; Folk networklending due to rely on in the network, and the existing folk loan isdifferent, its very transparent; Because in the middle income and businesspeople, it has considerable public welfare nature, therefore has greatsocial benefits.Folk network lending is different from industrial and agricultural,belongs to the third industry, in its development process must avoid likethat real estate development overheating and threat entity economy, andto play its role to the real economy and the growth of their own. So forthe private network lending should actively build their environment andto avoid the risk, and actively promote its success, in order to furthercomplete deposit in lay people relatively good basis and accumulate experience. Folk network lending is a kind of new mode of financing, thefrom regional and timeliness restrictions, the borrower nor the identityand without the limitation of the mortgaged property. Although ourcountry folk lending to have no legal position, folk network lending moreis legal blank, however, in the current financial policy, China willstrengthen in the aspects of system construction and legal construction,regulate private network lending system, formulate relevant laws andprotect personal information so that the private network lending theinformal financial organizations towards to the regularization.