JURIDICAL ANALYSIS OF PEER TO PEER LENDING ACCORDING TO CONTRACT LAW

Abstract

Logic business law understood that the business world confront businesses in business activity, and the contract is an important legal instrument which establish legal relationship and secures business transactions. The rapid growth of information and technology the internet bring up transactions financing startup in financial technology of crowdlending and here contract into very important to be set .This research first, aimed at outlines crowdlending benefits for financing sector startup, second, to explain the functions of/the role of contract financings crowdlending services. Research methodology used is the method research law that is normative, with the methods approach of the concept and principle in a contract. The result of this research suggests that rule of POJK 77/2016 not explained in detail on the regulations peer to peer lending contract so the marketplace in line KUHPerdata and having its own innovations, there is the possibility of risk and risk failed to pay, the risk of failure it infrastructure, the risk of fraud by borrowers and risk reputation.