Author(s)

Zhang Yanhui, Qiao Hanzhen, Luo Juan, Zhang Ruoyu, Lv Jue

Corresponding Author

Zhang Yanhui

Abstract

At present, due to the rapid development of the Internet economy, the social impact caused by high interest rates of private lending is far greater than in the past, but China still lacks legal regulation of high interest rates of private lending, so it is of practical significance to study the issue. In the face of several major problems at this stage, I believe that the high interest rate of private lending interest rate should be identified as more than 36% of the actual annual interest rate, and the use of legislation plus judicial interpretation of the collocation to regulate the disguised high interest rate of private lending, only with professional and high interest private lending included in the scope of legal adjustment, but also the need for the state to introduce a series of incentives to make up for the lack of funds. The law is not omnipotent, and it is more important for the state to promote economic development in a multi-dimensional and coordinated manner.

Keywords

Professional private lending, Benchmark lending rate, Interest rate regulation, Legal research