Study On The Legal System Of P2P Lending In China

P2P lending has been fast developing since the first P2 P lending platform—PPdai.com appeared in Jun.2007 at Shanghai,China.To some extent,P2 P lending breaks the limitations of traditional private lending,such as information limitation,geographical limitation and interpersonal limitation etc.However,the legislation on P2 P lending was far slower than the development of the business,which brought a number of social problems,such as illegal fund-raising and absconds of platforms,except great economic benefits.In this thesis,the writer analyzed the attributes of P2 P lending and P2 P lending platforms,legal relationships between lender,borrower and platform,risks existing in P2 P lending,and problems in practice.Drawing on some successful experiences of some foreign countries,such as UK,USA and France,the writer gives some advices on the legislation of P2 P lending.Those are improving and perfecting the existing laws and regulations on P2 P lending,enhancing the building and applying of social credit system,establishing the registration system for guarantee real rights matched with P2 P lending,and giving full scope to the P2 P Lending Industry Association.Wish this thesis can give some help to the development of P2 P lending in China.