Rong 360 > Question and answer> Bank question and answer> What is the interest rate of private lending now? 

What is the interest rate of private lending now?

Questioner: @a.*** City: National Label: Private loan interest Question Time: 2017-11-25 12:29
Have settled in the credit manager pleaselog inanswer
You can also type1500Word
For the questioner to accept your answer (required)
 At the same time apply for credit manager to settle in

Common similar problems

2 in total

  •             Enthusiastic friends
    2017-11-26 18:24
    Private lendingThe interest of both parties can be freely agreed, as long as the agreed interest does not exceed the bank's concurrent period.Lending ratesFour times as many are protected by law. Even if it exceeds the bank's loan interest rate four times, as long as the other party is willing to give the law, it will not take the initiative to interfere. Only the party who owes money will be able to repay the ability without charge. If the party is sued to the court, the court will only decide the interest within four times. Now in the same period of our countryBank loanAnnual interest rateIt is 5.6%, multiplied by 4, which is equal to 22.4%, so it is legally protected in this range.
    "Several Opinions on the People's Courts Trialing Private Lending Cases"
    6. The interest rate of private lending may be higher than the interest rate of the bank. The local people's courts may be specifically controlled according to the actual situation of the region, but the maximum shall not exceed four times the interest rate of the bank's similar loans (including the interest rate). Exceeding this limit, the excess interest is not protected.
    7. The lender shall not accrue interest to the principal for high profits. In the trial, it is found that the creditor counts the interest into the principal to calculate the compound interest. When the interest rate exceeds the limit specified in Article 6, the excess interest is not protected.
    10. A party shall use the means of fraud, coercion, etc. or the danger of taking the person, so that the borrowing and lending relationship formed by the other party in violation of the true meaning shall be deemed invalid. If the loan and loan relationship is invalid due to the behavior of the creditor, only the principal will be returned; if the loan and loan relationship is invalid due to the debtor’s behavior, in addition to the return of the principal, interest should be paid in accordance with the bank’s similar loan interest rate.
    The interest on the borrowings of Article 200 of the Contract Law of the People's Republic of China shall not be deducted from the principal in advance. If the interest is deducted from the principal in advance, the loan shall be returned in accordance with the actual amount of the loan and the interest shall be calculated.
  •             Enthusiastic friends
    2017-11-26 12:35
     Private lendingIt is a civil act and is bound and protected by civil law and contract law. The law stipulates the highest interest rate of private lending, but does not stipulate the minimum interest.
    According to Article 211 of the Contract Law: "If the loan contract between natural persons stipulates that interest is paid, the interest rate of the loan shall not violate the state's regulations on restricting the interest rate of borrowing."
    At the same time, according to the relevant provisions of the Supreme People's Court on Certain Opinions on the Trial of Lending Cases by People's Courts: "The interest rate of private lending can be appropriately higher than the interest rate of banks, but the maximum can not exceed the bank's similarity.Lending ratesFour times. Therefore, the principal of private lending is protected, and interest that does not exceed four times the bank's similar lending rate is also protected by law, while the excess is not protected by law.
    The benchmark interest rate for the same period refers to the benchmark interest rate announced by the central bank. For example, the one-year benchmark interest rate is about 5%, four times 20%, that is, more than 20% is legally recognized as usury.
  • Still not satisfied with the above answer? You can ask our experts for your question.

You may need these loans

Room loan

Loan with mortgage record

500000

Maximum amount

0.89%

Minimum monthly interest rate

1 day

Fastest loan time

apply immediately

Redemption

Debt mortgage

6.5 million

Maximum amount

2.20%

Minimum monthly interest rate

30 days

Fastest loan time

apply immediately

Home loan

Home mortgage, good capital turnover

10 million

Maximum amount

1.20%

Minimum monthly interest rate

7 days

Fastest loan time

apply immediately

Decoration loan

Buying a house renovation loan

500000

Maximum amount

0.37%

Minimum monthly interest rate

1 day

Fastest loan time

apply immediately

Related questions | related information|Related encyclopedia

Hot question recommendation