Financial 360 > Q & A> Bank question and answer> Bank interest can not exceed the number? 

Bank interest can not exceed the number?

Asked by: @a. *** City: Nationwide Tags: bank interest Question Time: 2017-10-07 10:53
Have settled in credit manager pleaselog inanswer
You can also enter1500Words
For questioner to accept your answer (required)
 At the same time apply for credit manager settled

Common similar problems

A total of 2

  •             Enthusiastic users
    2017-10-08 17:21
            inPrivate lendingCan not exceed the amount of bank interest, the Supreme People's Court "Several Opinions of the People's Court on Trial of Non-government Lending Cases" stipulates that the interest rate of private lending may be appropriately higher than the bank interest rate, but the maximum interest rate may not exceed that of banksLending ratesFour times.
    The People's Bank announcedAnnual interest rateIs about 6%, which means that the interest rate of private lending can not exceed 25% of the annual interest rate, the excess is not protected by law.
    In judicial practice, most of the interest rates agreed by private lending have exceeded this requirement, so many borrowers deliberately owe money not to wait, waiting for the lender to sue and even take the initiative to require the lender to sue, because through the lawsuit, they bear the interest rate on Can not exceed four times the bank. This malicious debt and law-abiding behavior not only increases litigants' costs but also wastes effective judicial resources.
  •             Enthusiastic users
    2017-10-08 14:25
    loanInterest rules advice advice central bank customer service.
    1, usury is not a legal term, generally refers toPrivate lendingAct, according to the law,Annual interest rateThe interest rate within 24% is legal and is protected by law. 2. Legal Basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Non-Government Lending Cases Article 26 The interest rates agreed upon by both lenders and borrowers have not exceeded the year If the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it.
    The interest rate agreed upon by both lenders and borrowers exceeds the annual interest rate by 36%, and the interest on the excess part of the agreement is invalid. If the borrower requests the lender to return the interest already paid in excess of 36% of the annual interest rate, the people's court shall support it.
  • Still not satisfied with the above answer? You can consult your expert about your problem

You may need these loans

Housing for loans

Mortgage records to loan

500000

Maximum amount

0.89%

The minimum monthly interest rate

1 day

The fastest time to lend money

apply immediately

Redemption of building loans

Solutions mortgage, help sell houses

6.5 million

Maximum amount

2.20%

The minimum monthly interest rate

30 days

The fastest time to lend money

apply immediately

House mortgage

Housing mortgage, good cash flow

10 million

Maximum amount

1.20%

The minimum monthly interest rate

7 days

The fastest time to lend money

apply immediately

Renovation loan

Buy a home renovation loan

500000

Maximum amount

0.37%

The minimum monthly interest rate

1 day

The fastest time to lend money

apply immediately

Related questions | related information|Related Encyclopedia

The company is located in:
Popular issues recommended