1. How reasonable is the installment interest rate of medical beauty?
For the interest of private lending, China has relevant legal provisions:
The first paragraph of Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases stipulates:
"The interest rate agreed between the borrower and the borrower shall not exceed the annual interest rate of 24%. If the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it. If the interest rate agreed by the borrower and the lender exceeds the annual interest rate of 36%, the interest agreement in excess is invalid. "
At the same time, in order to avoid the situation that the interest rate agreed by the parties is too high and the interest borne by the debtor is too high, the judicial interpretation stipulates that the people's court should support the borrower's request to the lender to return the interest that has been paid over 36% of the annual interest.
Therefore, it is reasonable for the annual interest rate of the loan to be within 24%. If it exceeds 36%, it will be usury, and the excess will not be repaid.
Second, matters needing attention in medical beauty staging
1. You should read the relevant contents carefully before signing any contract or agreement. Nowadays, many medical and beauty institutions cooperate with many staging platforms, and the salesmen of the staging platforms will also take the initiative to help medical and beauty companies attract customers.
2. Check carefully before applying for a loan, and don't believe too much in advertisements such as "free", "preferential" and "cheap" used by financial service institutions, which can easily fall into the trap of swindlers.