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Is it legal to borrow 240,000 and receive a dividend of 75,000 a year?

1. Is it legal to borrow 240,000 yuan and pay a dividend of 75,000 yuan a year?

You belong to this category. Even if the interest rate exceeds 20% stipulated by the state, it is not protected by law and you do not have to pay it back. . Your principal of 240,000 yuan, the maximum annual interest multiplied by 0.2, is 48,000 yuan, how much more is 75,000 yuan? As long as there is no one else, it's no problem. If others default on their debts, it won't be easy for you to sue!

Let’s see what others say.

2. What is the difference between private loan dividends and interest? How to define whether dividends belong to investment contracts?

Interest is

Is there anything else? Can you tell me? Be specific, sorry to trouble you

There will be losses in investment, but the income may also be higher. Borrowing is similar to banks, fixed income

3. Is the dividend stated on the IOU considered interest?

The IOU is a document recognized by both the borrower and the lender. Dividends and interest are not the same thing. Dividends may be negative, but interest must be repaid (within the scope of the law)

Four , Is private loan dividends legal?

Legal. The interest rate in private loans usually refers to the monthly interest. Calculated in percent. A profit of 1 cent means a monthly interest of 1, and a profit of 2 cents means a monthly interest of 2. From the actual use, the so-called 2-cent interest is based on 1 yuan as the basic unit. That is to say, every 1 yuan needs to pay 2 cents of interest, which is converted into an annualized interest rate of 2x12=24.

If the loan amount is 100,000 yuan, then the annual interest rate calculated based on simple interest is 10000x24=2400 yuan. If calculated based on compound interest, the sum of principal and interest after one year will be 100000x(12)^12=126824.2 yuan, the interest here becomes 26824.2 yuan.

There are the following issues that need attention:

Firstly, illegal fund-raising, crime, illegal business and other criminal crimes that are outside the law are hidden in it. Secondly, pre-deduction of interest, "" Other illegal activities should not be protected. At the same time, tax avoidance in the name of private lending or to circumvent the national "purchase restriction and loan restriction" policies should not be supported. Therefore, you must be cautious when borrowing, identify illegal and criminal traps, and raise money and borrow legally.

"Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" Article 1 "Private lending" as mentioned in these regulations refers to the transfer of funds between natural persons, legal persons, other organizations and among themselves. Accommodating behavior. This provision does not apply to financial institutions and their branches established with the approval of the financial regulatory authorities to engage in loan business, arising from the granting of loans and other related financial businesses.