Is peer-to-peer lending a private loan contract? Is it a legal means in peer-to-peer lending?

1. Peer-to-peer lending is a kind of private lending, which is legal. 2. Peer-to-peer lending is just a form of private lending, that is, private lending concludes a loan contract in the form of a network contract, and fulfills the contractual obligations of providing loans and repaying principal and interest through the network. Article 22 of the Supreme Court's Provisions on Private Lending stipulates that both borrowers and lenders form a lending relationship through the peer-to-peer lending platform, and the provider of the peer-to-peer lending platform only provides media services. If the parties request it to assume the guarantee responsibility, the people's court will not support it. The people's court shall support the online loan platform provider who expressly provides a guarantee for the loan through websites, advertisements and other media or has other evidence to prove that the lender requests the online loan platform provider to assume the guarantee responsibility.