Legal Supervision Of Internet Consumer Credit Risk

The year 2015 is the first year of Internet consumer finance.Since then,Internet consumer finance has entered a rapid development stage,which not only promotes social progress,but also brings a series of risks.Internet consumer credit as a new industry,compared with the traditional consumer credit industry,there are many innovations.However,due to the lag of law and regulation,there is no perfect legal system of Internet consumption credit in our country at present,the level of legislation is low,and the whole industry is faced with great regulatory risks.Moreover,the industry is in the period of savage development of new things,and there are some loopholes in its own operation mechanism and operation mode.The first part of this paper is an overview of the Internet consumer credit,a brief discussion of its connotation and legal relationship,trying to define the Internet consumer credit.This paper selects the typical representative of Internet consumer credit products,that is,"Ant check later" and "Jingdong Baitiao" of e-commerce enterprises,to analyze its operation mode from the aspects of credit,use,repayment and so on.On the basis of the traditional legal relationship of consumer credit,this paper discusses the legal status of the emerging online trading platform and third-party payment platform under the mode of Internet consumption credit,and analyzes their influence on the legal relationship of basic consumer credit.In the second part,according to the operation process of Internet consumer credit business,the paper analyzes the risks faced by Internet consumer credit business in each stage.The main problems are as follows: market access risks of trading parties,including the risk of suspected virtual credit card,the risk of lenders' monopoly,and the market access risks of other parties such as credit information and third party payment;Credit and credit risk,including the risk of consumer information security and the imperfection of credit investigation system,etc;Risks in business factoring;Infringement of consumers' right of defense and non-standard collection and other issues.The third part draws lessons from the experiences of developed countries or regions such as the United States,the European Union and Japan in the construction of risk prevention and control systems,the construction of legal systems and credit information systems,debt management,business models,consumer rights and interests protection,etc.It is very enlightening to the construction of risk prevention and control system of internet consumption credit in our country.The fourth part puts forward the suggestion of legal supervision to deal with the risk,including standardizing the market access mechanism,perfecting the credit information system,giving full play to the role of trade associations,standardizing debt collection,integrating the advantages of the insurance industry,and cracking down on the Internet black industry.To regulate Internet consumer credit risk,protect the legitimate rights and interests of consumers,promote the good and orderly development of the Internet consumer credit industry.