Legal subjectivity:

The loan interest rate is based on the loan benchmark interest rate given by the People's Bank of China as a reference, and fluctuates up and down based on the benchmark interest rate. The bank interest rate is the execution interest rate. Different banks have different execution interest rates for different types of loans and loan terms. Execution interest rate = base interest rate × (1 + interest rate floating value). The floating range is between 0.5-2 percentage points. Legal objectivity:

Article 679 of the "Civil Code" A loan contract between natural persons is established when the lender provides the loan. Article 680 Lending at high interest rates is prohibited, and the interest rate for borrowing must not violate relevant state regulations. If the loan contract does not stipulate the payment of interest, it will be deemed that there is no interest. If the loan contract does not clearly stipulate the payment of interest, and the parties cannot reach a supplementary agreement, the interest will be determined according to local or party transaction methods, transaction habits, market interest rates and other factors; for loans between natural persons, it will be deemed to have no interest.