1.24%。
2. The national laws stipulate that the loan interest shall not exceed 24% of the annual interest. Since the implementation of the Provisions of the Supreme People's Government on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases on September 20 15, the standard is no longer whether the annual interest rate exceeds 24%, but whether it exceeds 36%, that is, the annual interest rate exceeds 36%.
3. According to the Notice of the People's Bank of China on Banning and Combating Behavior, the interest rate of private individual loans is determined by both borrowers and borrowers through consultation, but the interest rate determined through consultation between the two parties shall not exceed 4 times of the loan interest rate of financial institutions of the same grade in the same period announced by the People's Bank of China (excluding floating). Those who exceed the above standards should be defined as high-interest loans. Article 26 of the Supreme People's Court's Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases stipulates that if the interest rate agreed by both borrowers and lenders does not exceed 24% of the annual interest rate, the people's court shall support the lender to demand the borrower to pay interest at the agreed interest rate. The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. If the borrower requests the lender to return the interest paid in excess of 36% per annum, the people shall support it.
4. As can be seen from the above, since the implementation of the Supreme People's Court's Provisions on Several Issues Concerning the Applicable Law in the Trial of Private Lending Cases on September/Kloc-0, 2065438, the standard is no longer based on whether the annual interest rate exceeds 24%, but whether it exceeds 36%, that is, the annual interest rate does not exceed 36%.
The interest of private lending is agreed by both parties, but it is more than four times the interest rate of bank loans in the same period and is not protected by law. That is to say, if the borrower does not pay back the money and the creditor arrives, the interest will only be judged according to the bank loan interest rate of the same period, and the excess will not be judged. Private lending is a civil subject other than financial institutions whose business is loans, so all licensed financial institutions such as banks are not applicable. Other non-financial institutions that mainly rely on loans or other types of private lending are applicable. If you need funds, you can log in to Ping An Pocket Bank APP- Finance-Loan to learn more about Ping An Bank's loan details and try to apply.
How much is the highest interest of private lending legal?
The interest agreed by the parties in private lending is legal if it does not exceed 4 times the quoted interest rate of one-year loan market when the contract is established. According to the law, if the lender requires the borrower to pay interest at the interest rate agreed in the contract, it should support it, except that the interest rate agreed by both parties exceeds 4 times the listed interest rate of the one-year loan market when the contract is established. Therefore, as long as the loan interest is within this category, it is legal.
legal ground
Article 25 of the Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases
If the lender requires the borrower to pay interest at the interest rate agreed in the contract, the people shall support it, except that the interest rate agreed by both parties exceeds four times the listed interest rate in the one-year loan market when the contract is established.
The "one-year loan market quotation" mentioned in the preceding paragraph refers to the one-year loan market quotation issued monthly by the National Interbank Funding Center authorized by the People's Bank of China from August 20th, 20th, 20th19th.
What is the highest loan interest rate stipulated by the state?
1. For private loans, the maximum loan interest rate shall not exceed four times the interest rate of similar loans of banks, including the principal interest rate. 2. Article 6 of "Several Opinions of the Supreme People's Court on People's Trial of Lending Cases" stipulates that the interest rate of private lending can be appropriately higher than that of banks, and people around the country can grasp it according to the actual situation in the region, but the maximum interest rate shall not exceed four times (including interest rate) of similar loans of banks. Beyond this limit, the excess interest will not be protected.
What is the maximum interest rate of platform loans stipulated by the state?
The state does not clearly stipulate the maximum interest of flat loans, but it is clear that the interest agreement exceeding 36% is invalid.
According to Article 26 of the Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases, if the interest rate agreed by both lenders and borrowers does not exceed 24% per annum, the people shall support the lender's request for the borrower to pay interest at the agreed interest rate. The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. If the borrower requests the lender to return the interest paid in excess of 36% per annum, the people shall support it.
Extended data:
Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 29 Where there is an agreement between the borrower and the lender on overdue interest rate, such agreement shall prevail, but the annual interest rate shall not exceed 24%. If the overdue interest rate is not agreed or clearly agreed, the people can deal with it according to different situations:
(1) The people should support the lender's claim that the borrower should pay the interest during the period of capital occupation at the annual interest rate of 6% from the date of overdue repayment, because there is no agreed interest rate during the loan period and no agreed overdue interest rate;
(2) If the interest rate during the loan period is agreed, but the overdue interest rate is not agreed, and the lender advocates that the borrower should pay the interest during the period of capital occupation according to the interest rate during the loan period from the date of overdue repayment, the people should support it.