Companies lend money to individuals and companies lend money to individuals, all of which belong to private lending.

According to Article 211 of the Contract Law: "If the loan contract between natural persons stipulates to pay interest, the interest rate of private lending shall not violate the relevant provisions of the state on limiting the loan interest rate".

At the same time, according to the relevant provisions of "Opinions of the Supreme People's Court on People's Courts Handling Lending Cases": "The interest rate of private lending may be appropriately higher than that of banks, but the maximum shall not exceed four times that of similar loans of banks".

Extended data:

There are three bases for determining the necessary terms of the contract:

According to the law. If the law clearly stipulates the necessary terms of a contract, it shall comply with the law.

(2) According to the nature of the contract. If the law does not clearly stipulate the necessary terms of a contract, it can be determined according to the nature of the contract. For example, the subject matter and price of the sales contract are all necessary terms of the sales contract.

(3) according to the wishes of the parties. In addition to the mandatory clauses stipulated by law and determined according to the nature of the contract, the clauses required by one party are also mandatory clauses. For example, if one party has special requirements for the packaging of the subject matter and must reach an agreement, it is a necessary clause.

In addition to the necessary clauses, there are other clauses in the contract, that is, general clauses. Whether the general terms are agreed in the contract does not affect the establishment of the contract. Specifying the terms of the contract in detail is conducive to clarifying the rights and obligations of both parties and the performance of the contract.

Baidu Encyclopedia-People's Republic of China (PRC) Contract Law