Research On The P2P Platforms' Guarantee Models And Their Legal Issues

Peer-to-Peer Lending(P2P)industry,as an important part of Internet Finance,has gained a rapid development in China recently.Several reasons contribute to its blossom,the guarantee that P2P Platforms provide included.However,quite a few problems arise from the guarantee,and dilemma came when Interim Regulations of the People's Republic of China concerning the Management of Peer-to-Peer Lending Platform Activities(ED)published on December 28th,2015,under Clause 10.3 of which guarantee related services were prohibited.Disposal of guarantee in domestic P2P industry is not an easy thing.Guarantee,in some respect,is a practical way to survive in the market for P2P lending platforms.Forbidding the use of guarantee roughly will restrain the healthy development of P2P lending.Clause 10.3 is too generalized and not clear enough to deal with all the guarantee models in practice.To promote long-term development of P2P lending industry,more specific details of regulation are needed.For these reasons,this thesis choose guarantee of P2P platforms as its topic.The thesis starts from analyzing Clause 10.3,focusing on the definition and main body of it,and its relationship with credit service.Chapter 2 includes the analysis of some typical guarantee models and their influence in P2P lending.Based on the discussion in the former chapters,the thesis at last offers some advice for improvement,mainly concentrating on that of Clause 10.3 and relative guarantee models.