Research On The Legal System Of P2P Lending In Domestic

Peer to peer lending (P2P lending) was created in2005in British. After it, P2Pplatforms mushroomed in large numbers in the domestic. This new thing brings hugepotential risks as well as vitality and prosperity for our lending market. As a financialinnovation, timely regulatory and legal follow-up is very urgent.By introducing the overview of the P2P lending, the main modes of P2P lending,the main risks of P2P lending，this paper aims to propose suggestions to improve thelegal and regulatory system of P2P lending.The first part mainly introduces the overview of P2P lending. It describes thehistorical evolution of P2P lending from the rise and development about it. Then, itanalyses the features about the P2P lending.The second part introduces three main modes of Peer to peer lending (P2Plending) in the domestic. At the same time, it analyses the legal relationship ofdifferent modes among the P2P lending.The third part analyses the three main kinds of risks that P2P lending is facedwith.The fourth Part, on the basis of the third part, presents the proposals to improvelegal regulation of P2P lending, such as improving self-regulation of P2P lendingplatform; improving our personal credit system construction, establishing a set oflegal system, bringing the P2P lending platforms and its business into the scope ofgovernment regulation.