Pandemic, Lender Risk and Borrower Bargaining Power

DOI

10.2991/aebmr.k.210311.010How to use a DOI?

Keywords

peer to peer lending, financial technology, lender risk, pandemic

Abstract

Risk in peer to peer lending has an upward trend. Uncertain economic conditions make it difficult for borrowers to repay loans because lenders through a free platform determine high loan interest. However, the borrower has no power and choice. This paper examines peer to peer lending conditions and potential violations in setting loan interest rates. The research method used is descriptive research using data from several sources. The results of this study are recommendations to minimize the risk of borrowers and lenders.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Taofik Hidajat
PY  - 2021
DA  - 2021/03/13
TI  - Pandemic, Lender Risk and Borrower Bargaining Power
BT  - Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
PB  - Atlantis Press
SP  - 43
EP  - 45
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210311.010
DO  - 10.2991/aebmr.k.210311.010
ID  - Hidajat2021
ER  -