Research On Consumer's Right Protection Of Peer-to-peer Lending

With the popularity of p2 p lending,as a new model of Internet finance,has been developed rapidly.However,due to the incomplete equipped measures in the early stage,it caused a lot of property damage,and gave a serious blow to investor's confidence.Therefore,the urgent problem is how to deal with legal position and strengthen the protection of investors in the healthy development of p2 p lending.In view of investor protection,the point of this article is that brings investors into the consumers category.According to the existing legal norms and the characteristics of consumers in the p2 p lending,we should construct a perfect protection system.This paper is divided into four parts.The first part mainly discusses the main body and the concept of consumers in p2 p lending.There are three types of p2 p lending,in which the p2 p lending platform and the borrowers do not belong to the consumer category.As the position of investors in the p2 p lending and the characteristics of investment behavior,the author considers that the investors should be included in the consumer category.It is necessary to strengthen the protection of consumers based on the inferior position of investors in the process of p2 p lending and the diversity and complexity of p2 p lending transactions.The second part analyzes the current situation and main problems ofconsumer protection through E-zubao events.Including five aspects: the legal norms are not perfect,the level of self-discipline is low,the rights protection of consumer is difficult,the social credit information system is imperfect,the p2 p lending platform access threshold is low and the quality of employees is not high.The third part mainly analyzes the foreign measures and practical experience in the protection of investors in the p2 p lending.The biggest advantage of the United States is that establishes a sound social credit system and legal system.For Britain,its biggest advantage is to establish a sound industry self-discipline system,which could remedy the scarcity of the law rules through industry self-discipline and deal with the ever-changing market environment.In addition,it also provides maximum protection for consumers.France has set up a stringent market access mechanism and practitioners' qualifications to create a good investment environment.The fourth chapter is the core of this article.According to the previous analysis and the characteristics of consumers in the p2 p lending,this article proposes strengthening the protection of consumer,including:(1)improve the relevant laws and regulations,(2)establish a sound industry self-improve system,(3)enhance efficiency and reduce the cost of consumer rights protection,(4)establish a sound social credit system,(5)improve the industry threshold and the quality of employees.