According to the Guiding Opinions on Regulating the Asset Management Business of Financial Institutions issued by the People's Bank of China, the interest rate of personal loans shall not exceed the annual interest rate of 36%. If the annual interest of a loan is 10760 yuan, then the loan principal should be no less than 29888.89 yuan. If you get a loan from a formal financial institution (such as a bank or a trust company), it is illegal for the interest rate to exceed 36%. If this loan comes from an illegal online lending platform, there is a serious illegal act.

Therefore, if this loan comes from formal channels, it cannot be considered as a black online loan; However, if this loan comes from an illegal online lending platform, it is a high-interest loan, which is illegal. It should be reminded that in any case, borrowers should choose carefully when considering loans and beware of fraud.

Second, how can the loan interest be low and regular? The interest on borrowing money from these channels is very low.

In daily life, people always have their own money at hand for various reasons, either reaching out to relatives and friends for money or applying for loans from banks or non-governmental organizations. For many borrowers, low loan interest rate is the best. How can loan interest be low and regular? The interest on borrowing money from these channels is very low.

How can loan interest be low and regular? 1, employee loan If the borrower's work unit is good, even some top manufacturers, you can actually apply for interest-free loans for employees. Many banks or financial institutions actually cooperate with these big factories to provide interest-free loans to qualified employees, which is a good employee welfare. Generally, the amount of this kind of loan is between 10- 100 yuan, depending on the years of employment and the post. The loan interest is either low or interest-free. The disadvantage is that the loan needs to be paid off before leaving the company. 2. Credit card loan If the borrower doesn't want to waste time applying for a loan in the bank and feels that the interest in the market is high, he can apply for a credit card loan directly in the APP. Generally, a credit card can lend less than 80% of the credit card amount. Reasonable use, the annualized interest rate is around 4%. 3. Among many loan products, mortgage interest is relatively low. Borrowers need to go through all the processes, including running water and making money. The general annualized interest rate is around, and the repayment method can be interest first and then principal or equal principal and interest. Like tens of millions of houses in first-tier cities, it is no problem to borrow millions or tens of millions. The above is the sharing of "how to keep the loan interest low and regular", I hope it will help everyone!

3. How to write the loan interest correctly?

1. How to write the loan interest correctly?

1, interest is optional.

The parties may or may not agree on the interest of the loan contract.

According to the Contract Law, the loan contract is the product of the autonomy of the parties, and the law will not interfere too much. When the loan contract stipulates interest, it is also completely determined by the parties through consultation.

2. The interest shall not exceed the legal provisions.

The maximum interest rate cannot exceed 4 times the bank loan interest rate in the same period.

Article 6 of the Supreme People's Court's Opinions on People's Trial of Lending Cases stipulates:

The interest rate of private lending can be appropriately higher than the bank interest rate, and all localities can grasp it according to the actual situation in the region, but the maximum shall not exceed 4 times that of similar bank loans (including interest rates). Beyond this limit, the excess interest will not be protected.

Specific method of determining loan contract interest

1. If the parties have an agreement on interest and interest rate, it shall be handled in accordance with the contract.

2. If the interest rate is agreed between the parties to a private lending contract, the agreed interest rate may be appropriately higher than the bank loan interest rate, but it shall not be higher than the relevant provisions of the state on limiting the loan interest rate. According to the judicial interpretation, the interest rate of private lending shall not exceed 4 times the interest rate of similar loans of banks (including interest rates). If this limit is exceeded, the excess interest will not be protected.

3, private lending parties shall not agree to calculate compound interest. The Supreme People's Court judicial interpretation pointed out that lenders should not include interest in the principal to seek high profits. If it is found during the trial that the creditor has included the interest in the principal to calculate compound interest, and its interest rate is four times higher than that of similar bank loans, the excess interest will not be protected.

4. If there is no agreement or unclear agreement on the payment of interest in the private lending contract, it shall be deemed as non-payment.

To sum up, in the current Internet age, loans can be obtained through various channels. If banks can't borrow, they can borrow privately. If the loan interest is four times higher than that of the bank, it belongs to that category, which is illegal and can be borrowed within a reasonable range. You can also borrow money through internet products, and you also need to pay interest, which is generally higher than that of banks.

Extended reading:

How is the interest calculated? How to calculate the interest?

What should I do if I borrow money without agreeing on interest?

What's the interest on 20 18?

Fourth, how to reduce the loan interest rate?

Provident fund loans are still relatively low. Other commercial loans are relatively high.