30 cents is the monthly interest rate, usually the interest rate of private lending. Commonly known as simple interest calculation, that is, 1 yuan generates 3 cents of interest every month, so one month 1 10,000 yuan is the interest of 300 yuan, equivalent to 3,600 yuan a year, equivalent to 36% annual interest rate. If the annual interest rate of bank loans is 4.35%, although this interest rate is more than four times that of bank loans in the same period, it is still not a high-injury shed reform loan.
Extended data:
According to the provisions in the Notice of the People's Bank of China on Banning and Combating Behavior, the interest rate of private individual loans is determined by both borrowers and borrowers through consultation, but the interest rate determined through consultation between the two parties shall not exceed 4 times of the loan interest rate of financial institutions of the same grade in the same period announced by the People's Bank of China (excluding floating). Those who exceed the above standards should be defined as high-interest loans.
Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases stipulates that:
If the interest rate agreed by the borrower and the borrower does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people shall support it.
The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. If the borrower requests the lender to return the interest paid in excess of 36% per annum, the people shall support it.
As can be seen from the above, since the implementation of the Provisions of the Supreme People's Government on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases on September 1 2065, the standard is no longer whether it exceeds the annual interest rate of 24%, but whether it exceeds the annual interest rate of 36%, that is to say, it does not belong.
References:
-Baidu Encyclopedia
2. According to the loan interest rate of 240,000 yuan from the People's Bank of China, how much interest will 20 18 generate?
Borrow 240,000 yuan from the bank, and then repay the principal and interest every month, 1 year, which means 12 months to repay 20,000 yuan of principal every month.
Repay the principal of 20,000 yuan in the first month with interest of 240,000× 0.5% =1.200 yuan, totaling 2 1.200 yuan;
Repay the principal of 20,000 yuan in the second month with interest of 220,000× 0.5% =1100 yuan, totaling 2 1 100 yuan;
In the third month, the principal is 20,000 yuan, and the interest is 20,000× 0.5% =11,000 yuan, totaling 2 1 1,000 yuan;
In the 65438th month+February, the principal is 20000 yuan, and the interest is 20000×0.5%= 100 yuan, totaling 20 100 yuan;
Cumulative repayment: 212002110021000? 20 100
=20000× 12 100( 12 1 1 10? 1)
=240000 100× 13× 12÷2
=2400007800
=247800 yuan.
Three. How much is the monthly repayment of 240 thousand yuan from the bank loan and the interest of 2800 yuan?
Interest calculation method principal interest rate days
Note that if the interest rate is a monthly interest rate, usually one thousandth, then the monthly interest rate should be converted into a daily interest rate, that is/1000/30.
Simply put, if the monthly interest rate is 6, then the calculation method of the first month interest is 24,000,030 (pay attention to the size of the month) 6/30/ 1000, and the interest is 1440 yuan.
In the second month, because it is 2800 yuan per month, the calculation method is (240000-2800)30630 1000.