Business, Management and Accounting
4 years ago

New peer-to-peer lending tech shakes up traditional collateral requirements.

1 view
Substantive Justice International Journal of Law
Legal Review of Financial Technology Peer To Peer Lending Based on Indonesian Collateral Law Perspective
Ayup Suran Ningsih

Paper Summary

The article discusses how peer to peer lending based on financial technology is changing the traditional loan process. Instead of needing collateral, this new program relies on a system that evaluates borrowers based on their track record and requirements. While this makes getting a loan easier, there can be discrepancies between what is promised and what is delivered.

Related papers

Theme background image
Social Sciences
8 years ago

Debtors Lose Right to Consent in Creditor Transfers, Boosting Lender Protection

Legal Research
Child Protection
Regulatory Studies
1 view
Business, Management and Accounting
a year ago

Securing Receivables in Kuwait: Ensuring Priority for Creditors in Insolvency

Islamic Banking
2 views
Business, Management and Accounting
a year ago

Creditors Can Now Seize Debtors' Wages and Bank Accounts Across Europe

Regulatory Competition
EU Tax Law
Private Law
2 views