At present, no unit or individual has the right to decide the suspension, reduction, deferment and interest-free except the State Council. The Lender shall specifically handle suspension, reduction, deferment and interest-free according to the decision of the State Council. This provision is to protect the stability of state-owned assets and the banking financial system, and does not apply to private lending. Suspension of private lending is the right given to credit card holders by the banking industry. If the cardholder's repayment ability is reduced due to force majeure factors such as unemployment, physical disability and serious illness, he can take the initiative to apply to the bank for loan suspension. If the bank refuses to accept it, he can complain. If the branch pays more than that, the cardholder can complain directly to the head office, and if the head office fails to solve the problem, he can complain to the local banking regulatory bureau, list the reporting objects and reasons in writing, and provide relevant evidence. This method is more effective.
1. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
2. Interest is the use fee of money in a certain period of time, which refers to the remuneration that the money holder (creditor) gets from the borrower (debtor) for lending money or monetary capital. Including deposit interest, loan interest and interest generated by various bonds. Under the capitalist system, the source of interest is the surplus value created by hired workers. The essence of interest is a special transformation form of surplus value and a part of profit. Abstract interest point refers to the value-added amount brought by monetary funds injected into the real economy and returned. In a less abstract sense, interest generally refers to the remuneration paid by the borrower (debtor) to the lender (creditor) for using the borrowed currency or capital. Also known as the symmetry of sub-fund and parent fund (principal). The calculation formula of interest is: interest = principal × interest rate × deposit period (i.e. time).