At the same time, he also pointed out that "bride price loan" can be used for wedding travel, car purchase, jewelry purchase, household appliances and so on. The maximum loan is 300,000 yuan, the minimum annual interest rate is 4.9%, and the longest loan period is one year. Its essence is a kind of consumer loan, similar to Citibank's "happiness loan" (wedding banquet pure credit loan) and Nanjing Bank's "marriage loan". The annual interest rate of 4.9% a year is also within a reasonable range.
The controversy caused by "bride price loan" is more based on the name. A legal person said that although the law does not prohibit the payment of bride price based on folk customs, according to the Supreme People's Court's Interpretation of the Civil Code of People's Republic of China (PRC) on the Application of Marriage and Family (I), it is difficult for the payer to pay the bride price before marriage, and the payer can request the return of the bride price when the two parties divorce.
Extended data
The Civil Code prohibits the acquisition of property through marriage;
Article 1042 of the Civil Code of People's Republic of China (PRC) (202 1 Edition) stipulates: "Arranging, buying and selling marriages and other acts that interfere with the freedom of marriage are prohibited. It is forbidden to ask for property by marriage. " ?
In fact, Article 3 of the repealed 200 1 Marriage Law stipulates: "Arranging, buying and selling marriages and other acts that interfere with the freedom of marriage are prohibited. It is forbidden to ask for property by marriage. " From the implementation of 1980 marriage law to 202 1, the phenomenon of bride price has always existed, and it has never been explicitly said that it should be abolished. ?
"The bride price is a social custom that has existed in China since ancient times. Today, the laws in China neither prohibit nor affirm the payment of bride price. Whether to pay or not shall be negotiated by the parties themselves. " ?
Lawyer Jiang said that the prohibition of asking for property through marriage in the Civil Code is aimed at asking for a bride price from an involuntary party by coercion. What this clause means is that marriage cannot be used as an excuse to make money. ?
"In some areas of our country, especially in rural areas, there is indeed a situation of forcibly demanding bride price. The law explicitly prohibits this kind of behavior, but allows both parties to reach an agreement and pay the bride price appropriately within their own capabilities. " ?
Lawyer Jiang further stated that although the law does not prohibit the payment of bride price based on folk customs, it can request the return of the high bride price that brings difficulties to the payer according to law.