Extended data:
Private lending is divided into private individual lending activities and lending between citizens and financial enterprises. Private individual lending activities must strictly abide by the relevant provisions of national laws and administrative regulations, and follow the principles of voluntary mutual assistance, honesty and credit.
Lenders' funds must be their own funds belonging to their legitimate income, and it is forbidden to absorb other people's funds and lend them by themselves. The interest rate of private individual lending shall be determined by both parties through consultation, but the interest rate determined through consultation shall not exceed the national regulations.
Loans between citizens and enterprises can be regarded as valid as long as the meaning of both parties is true. In practice, a loan contract shall be deemed invalid under any of the following circumstances:
(1) Enterprises illegally raise funds from employees in the name of borrowing money.
(2) Enterprises illegally raise funds from the society in the name of borrowing.
(3) Enterprises issue loans to the public in the name of lending.
(four) other acts of lending in violation of laws and administrative regulations. Private loans are different from traditional bank loans, that is, through private organizations or enterprises, monetary funds are lent at agreed interest rates and with repayment conditions.
Lenders put concentrated money and monetary funds out through loans, which can meet the short-term capital needs of lenders and promote economic development; At the same time, lenders can also get intermediate income and make profits. Private lending must be kept, as long as the agreement is not illegal, the agreed interest rate does not exceed 4 times the legal interest rate of the bank.
Today, private lending has evolved into diversified loan methods and gradually formed its own industry norms. In terms of "online lending", third-party platforms communicate with private lenders. The China Banking Regulatory Commission has long made it clear that the P2P platform is an information intermediary, not a credit intermediary. It is only responsible for matching direct transactions between borrowers and lenders, and does not absorb deposits or lend.
[1] and the fast, convenient and efficient internet nature of online lending make private lending gradually realize lightning borrowing. Private lending is gradually developed and updated with the development of the Internet era.