Peer-to-peer lending: the essence, classification and development in Russia

The article reveals the essence of peer-to-peer lending, identifies its main participants - the lender, the borrower and the peer-to-peer platform. The classification of peer-to-peer lending and the types of peerto-peer platforms are presented. The necessity of improving the legislative base of peer-to-peer lending in Russia on the basis of the existing legislative field in this area is proved. Preconditions and possible prospects of development of the market for peer-to-peer lending in Russia.