Explore And Discussion Of P2p Internet Loan&Lending Issues

“P2P internet loan&lending platform” is a kind of financial innovationwhich differs from the traditional channel. By setup an internet platform andpublishing the persons’ information who have intents to lend or to borrow, theP2P loan&lending platform will be responsible for credit check andfacilitate the loan agreement establishment. This platform’s existence canleverage the demand and supply in private loan market, realize the freelyinterest, improve the nongovernmental loan efficiency and also fill theblank area in capital market. But, as the financial innovation is always risky,the platform’s risk comes from the absence of legal and finance system’ssupervision. This thesis took the “PPDai”, the first and typical P2P internetloan&lending platform as an example, explore and discuss some legal issueand provide some suggestions.Part I is the basic theory of P2P internet loan&lending platform. Thischapter gives the current overview via introducing the origin, developingreasons and current market environment. By sorting the major legal relations,distinguishing form other financial organization (including nongovernmentalfinancial organization) to illustrate the characters of this P2P internet loan&lending platform. Base on these, clarifying the nature and legal position,analysis the cons and pros to demonstrate the need of supervision. Parts II is the legal issues of P2P internet loan&lending platform. Baseon different entities which discussed in previous chapter, expatiate the legalissues and risks for the platform itself, lender, and borrower, also explores thelegislation issues. By discuss how to hold responsibility for contract breach,the defect of the lender’s entity to prove that the supervision is necessary.Part III is the improvement suggestions for P2P internet loan&lendingplatform. Combined with previous analysis, discussed from healthinessinformation disclosure, bring into the supervision system of bankingregulatory commission, strengthen the risk control system, and improve thecomprehensive assessment of internet loan&lending platform, this part givesome suggestions on how to lead the platform regulatory operation and avoidlegal risks.