If the interest is too high to negotiate, it can be settled through litigation. If the agreed interest rate of private lending is too high, it shall be determined whether the interest is protected by law in strict accordance with the provisions of judicial interpretation.

The interest of 1 with annual interest rate lower than 24% is legal interest and should be supported.

2. If the borrower voluntarily pays interest with an annual interest rate of more than 24% but less than 36%, it shall be supported; If the borrower is unwilling to pay, it will not be supported.

3. Interest with an annual interest rate of more than 36% is illegal interest and is not supported.

Secondly, I want to ask a question. I applied for a loan of 65,438+500,000 yuan for immediate financing, but later I felt that the interest was too high. ...

forehead

I want to ask you a question. I applied for a loan of 1.5 million in Mama Finance, and later felt that the interest was too high. My next payment is a week, and now I don't want to borrow it. What should I do?

I don't know how your loan contract is stipulated.

If the contract has been signed and the other party has borrowed money, then you can only follow the loan agreement.

If you don't want to borrow it, and the loan agreement allows you to plan ahead, pay it back early.

4. I want to ask about the interest of 65,438+0,000 yuan on the instant financial loan.

The interest of 65,438+0,000 yuan spot financial loan is related to the interest rate. At present, the interest rate of instant financial loans is about 4.8‰ per month. The specific loan interest rate is subject to the actual interest rate, and the amount of loan interest is related to the number of months of the loan. For example, if the loan term is three months, the interest for one month is 1 0,000 times 4.8 thousandths, that is, 48 yuan, and the interest for three months is 1.44 yuan. Consumer Finance Co., Ltd. is a financial institution approved by China Banking Regulatory Commission. Consumer Finance immediately started business in June, 2065438+2005, and introduced shareholders such as Chongqing Department Store, Chongqing Bank, Wu Mei Group, Sunshine Insurance and Zhejiang Commodity City with a registered capital of 4 billion yuan. Scope: granting personal consumption loans; Accepting deposits from domestic subsidiaries of shareholders and domestic shareholders; Borrowing from domestic financial institutions; Issuing financial bonds upon approval; Domestic interbank lending; Consulting and agency business related to consumer finance; Acting as an agent to sell insurance products related to consumer loans; Fixed income securities investment business. For more information about the interest rate of 65,438+0,000 yuan for immediate financial loans, please visit:/ask/c1a7a1615831337.html? Zd view more content