Detail Cantuman

Information Technology has changed the humans interaction globally. In the
financial services sector, financial technology offer a solutions in providing fast,
easy and safe services with the form of peer to peer lending (P2P Lending). The
public's euphoria in reaction to the development of the P2P Lending business
leaves an issue, especially in legal protection for consumers. The number of
consumer complaints to the stakeholder indicates the low number of compliance
in conducting the business based on regulations.
The thesis uses a normative juridical methodology with factual approach and
statutory regulations as a primary source of law, refers to literature, books and
journal related to legal aspecr as secondary sources of law. With bases of
primary foundation as Legal Protection Theory, Contract Theory, Legal Certainty
Theory, Electronic Transaction Theory, all resources analyzed descriptively and
analytically to obtain a conclusion.
From the analysis, it can be concluded that legal protection for the parties is the
key to the success of P2P Lending Services. Consumers are encouraged to
increase literacy in P2P Lending before initiated to use its services. Consumers
able to submit any issues regarding P2P Lending to alternative institutions for
consumer dispute resolution or to the judiciary.