Lender refers to the bank that issues loans, also known as lender; A borrower is a party who applies for a loan from a bank, also known as a borrower.
What do borrowers and lenders mean?
Borrowers are also called borrowers, and lenders are also called creditors.
Detailed process of applying for a credit card online.
1. Log in to the bank credit card online banking and select your favorite card;
2. Click "Credit Card Application";
3. Choose the appropriate application process. At present, the bank has set up two application processes for new customers and existing customers;
4. Fill in personal information in order to apply for approval;
5. When submitting a credit card application, China Merchants Bank will review the reservation information and generally inform the processing result within 7 working days.
If you are already a bank credit card holder, you need to fill out the application form online, print it out and mail it to the bank credit card center.
To apply for a bank credit card online, you need to fill in personal valid certificates such as company phone number and mobile phone number. Please fill in the form accurately and keep it in mind in order to activate the use of credit cards in the future.
Who is the creditor, the lender and the borrower?
Who is the creditor, the lender and the borrower?
Creditors mainly refer to those who pay in advance and have the right to ask the other party to become the subject of rights for a specific act. They refer to those institutions and individuals who provide enterprises with financing to be repaid, including institutions or individuals who provide loans to enterprises (loan creditors) and institutions or individuals who provide short-term financing in the form of selling goods or services (commercial creditors), which is what you call lenders (but this is only a special term in the lending relationship). Creditor and debtor are two corresponding concepts, and their duties are as follows. But on the whole. The debtor should perform the specific behavior required by the creditor. In the loan relationship, the creditor should fulfill the loan promise in time. The debtor repaid the loan within the specified time. I hope the answer will help you.
Do banks belong to borrowers or lenders?
Banks are lenders and users are borrowers.
Am I a lender or a borrower when I borrow money from the bank?
The borrower is the borrower and the bank is the lender.
A borrower refers to an enterprise, institution or individual that borrows monetary funds from a lender with its own credit or property as a guarantee or a third party as a guarantee in credit activities.
Lenders refer to individuals or financial institutions that use credit funds or free funds to issue loans to borrowers in loan activities.
Private lending, creditors run away.
No, it is found that he has any property, including labor income, real estate, cars, stocks and other income, and it is provided in time to facilitate enforcement.
The difference between creditor borrowing and borrowing
Crime refers to the act of defrauding a large amount of public or private property by fabricating facts or concealing the truth for the purpose of illegal possession.
For ordinary loans, as long as the debtor does not fabricate facts or conceal the truth, it cannot be identified and should be treated as a civil case.
Panzhihua Creditor's Rights, Debt and Economic Lawyer's Answer
Can a shareholder's loan be counted as a creditor?
Whoever borrows money is a creditor, whether it is a shareholder or not. Therefore, shareholders can act as creditors.
Can the loan contract change the creditor?
Once the loan contract comes into effect, it is binding on both parties. If the creditor is to be changed, the lender may transfer the creditor's right to a third party and notify the debtor. As the notice reaches the debtor, the creditor-debtor relationship between the lender and the debtor disappears, and the new creditor can claim the creditor's rights from the debtor. If the creditor's rights need to be transferred later, the information can be posted to creditor's rights transfer websites such as China Debt Network.
For reference only, I hope it will help you.
The borrower knowingly and voluntarily agrees with the creditor's loan interest. Does it constitute a crime that the creditor's loan interest is too high?
Generally speaking, a high loan interest rate will not constitute a crime unless there is coercion or fraud. The law allows private lending.
The borrower can't go back, but the legally recognized loan interest is at most four times the bank's interest rate for the same period, and the interest can be deducted.
Reference Law: 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 in various places can grasp it according to the actual situation in their own regions, but the maximum interest rate shall not exceed four times (including interest rate) of similar loans from banks. Beyond this limit, the excess interest will not be protected.
What if the creditor loses the loan when the borrower returns the loan?
Make a receipt. After you sign, you and he each keep one. The receipt indicates that the previous debt is invalid and the debt is paid in full. Better press a handprint.
The creditor asked for a loan. People want to pay. Can the borrower always ask for a guarantee?
If the creditor asks the borrower for the debt, and the borrower fails to repay the debt as agreed, which is in line with the law, the creditor may request the guarantor to repay the debt according to law.
Relevant laws and regulations: People's Republic of China (PRC) Guarantee Law.
Article 25 If the guarantor of a general guarantee and the creditor have not agreed on a guarantee period, the guarantee period shall be six months from the date when the performance period of the principal debt expires.
If the creditor fails to bring a lawsuit against the debtor or apply for arbitration during the guarantee period stipulated in the contract and the guarantee period stipulated in the preceding paragraph, the guarantor shall be exempted from the guarantee liability; If the creditor has filed a lawsuit or applied for arbitration, the provisions on interruption of limitation of action shall apply during the guarantee period.
Article 26 If the guarantor of joint and several liability guarantee and the creditor have not agreed on the guarantee period, the creditor has the right to ask the guarantor to assume the guarantee responsibility within six months from the date of expiration of the independent debt performance period.
If the creditor fails to require the guarantor to assume the guarantee responsibility during the guarantee period agreed in the contract and the guarantee period stipulated in the preceding paragraph, the guarantor shall be exempted from the guarantee responsibility.
Who is the lender?
Lenders refer to individuals or financial institutions that use credit funds or free funds to issue loans to borrowers in loan activities.
A borrower refers to an enterprise, institution or individual that borrows monetary funds from a lender with its own credit or property as a guarantee or a third party as a guarantee in credit activities.
Rights and obligations of the Lender:
1. Ask the borrower to provide information related to the loan;
2. According to the borrower's conditions, decide whether to lend, loan amount, term, interest rate, etc.
3. Understand the production and business activities and financial activities of the borrower;
4. Borrow money as agreed in the contract.
Lenders are obliged to provide loans; If the lender fails to provide the loan according to the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses. Lenders have the right to inspect and supervise the use of loans. If the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract. Lenders are obliged not to deduct interest from the principal in advance.