Has anyone borrowed 10000 and repaid 13000 10 a year later

If you have an urgent need for money, it is recommended that you must choose a reliable big brand formal channel, money to spend is a credit service brand under Du Xiaoman Finance (formerly Finance), which is safe and trustworthy, with the characteristics of simple application, fast lending, flexible borrowing and repayment, transparent interest and fees, and strong security. The application materials are simple, the fastest is 30 seconds for approval, and the fastest is 3 minutes for disbursement. Early repayment is possible, and the recovery limit can be revolving after repayment.

Share with you the application requirements for money to spend: The application conditions for money to spend are mainly divided into two parts: age requirements and information requirements.

2. Information requirements: During the application process, you need to provide your second-generation ID card and your debit card.

Note: Only debit cards are supported, and the application card is also your debit card. My identity information must be the second-generation ID card information, and I cannot use a temporary ID card, an expired ID card, or a first-generation ID card to apply.

Once you meet the above conditions, you can apply for a loan. **If you have money to spend on the app, enter the loan entrance, click to view my limit, fill in the information, confirm the information, and get the limit. The fastest approval is 30 seconds, and the maximum quota is 200,000.

I hope this is helpful to you, click below on the mobile phone to measure the amount immediately!

If you are already a CMB user and have access to the China Merchants Bank mobile banking app, you can try to apply through this interface by logging in to the mobile banking and clicking "My" - "All" - "Loan" - "I want to borrow money". If you meet the conditions of China Merchants Bank credit card, you can try to apply for a credit card.

Summary. Dear Hello, I'm honored to answer for you The interest given by borrowing 20,000 yuan a year is less than 5,760 yuan, which is not considered usury. Borrowing 20,000 a year and giving 2,000 a year is not considered usury.

Normal If you don't lend you 20,000 yuan, but put the money in the bank for a fixed time, and if you calculate it regularly for a year, the interest on a fixed deposit of 20,000 yuan a year is more than 600. So your friend has a loss when he lends money to your family. Add to that your gratitude to your friends, and it's normal to give two thousand more.

Is it normal to borrow 20,000 yuan a year and repay 22,000?

Dear Hello, I'm honored to answer for you The interest given by borrowing 20,000 yuan a year is less than 5,760 yuan, which is not considered usury. Borrowing 20,000 a year and giving 2,000 a year is not considered usury. Normal If you don't lend you 20,000 yuan, but put the money in the bank for a fixed time, and if you calculate it regularly for a year, the interest on a fixed deposit of 20,000 yuan a year is more than 600.

So your friend has a loss when he lends money to your family. Add to that your gratitude to your friends, and it's normal to give two thousand more.

The amount of interest exceeds the scope of legal support, and the law stipulates that the interest rate shall not exceed 4 times the LPR, which is about 15% per annum. If there is a baoli collection behavior, it is recommended to report to the police, and the other party may constitute a criminal offense. The interest rate of 20,000 a year is 2000, which is 10,000 a year, that is, an annual interest rate of 10%.

Whether the annual interest rate of 10% is high or not depends on what the borrowing interest rate is. At present, the interest rate of the bank's loan is around 6%, but this is an equal repayment method, with a fixed term. Paying off your principal in full makes a huge difference.

If the annual interest rate is the annual interest rate, that is, for every 10,000 yuan borrowed, the term of use is one year, and the interest of 1,800 yuan must be repaid at the end of the year, and if the loan is 20,000 yuan, then the interest alone for this 1 year will be 3,600 yuan.

Legal Analysis: Case-by-case analysis. If the annual interest rate of 10,000 yuan is 1,000, the annual interest rate is 10%, which does not exceed the legal interest rate of the country; If the interest rate of 10,000 yuan a month is 1,000, the monthly interest rate is 10.

The converted adult interest rate has exceeded 36, so it is considered a loan shark.

Legal basis: "Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" Article 26 Where the interest rate agreed upon by the borrower and the borrower does not exceed the annual interest rate of 24, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it. If the interest rate agreed between the borrower and the borrower exceeds 36 per annum, the interest agreement on the excess part shall be invalid.

Where the borrower requests the lender to return the interest paid in excess of 36 per annum, the people's court shall support it.

Legal analysis: borrowing 12,000 yuan, repaying 16,000 yuan a year, the annual interest rate is, it is not considered usury.

Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases Article 25 Where the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people's court shall support it, except where the interest rate agreed upon by both parties exceeds four times the interest rate of the one-year loan market at the time of the conclusion of the contract. The "one-year loan market ** interest rate" mentioned in the preceding paragraph refers to the one-year loan market ** interest rate authorized by the People's Bank of China to be released monthly by the National Interbank Lending Center from August 20, 2019.

Legal analysis: principal 5000, interest 6000The annual interest rate of 120% is definitely a high interest rate!

If it is principal and interest and 6000That's not particularly high, just a little bit higher than a regular loan. The annual interest rate of general commercial loans is about 15%, and the annual interest rate of housing loans is about 6%.

Legal basis: Civil Code of the People's Republic of China

Article 667 A loan contract is a contract in which the borrower borrows money from the lender and returns the loan at maturity and pays interest.

Article 668: The loan contract shall be in written form, unless otherwise agreed upon between natural persons.

The content of the loan contract generally includes the type of loan, currency, purpose, amount, interest rate, term and repayment method.

Article 669 When entering into a loan contract, the borrower shall, as required by the lender, provide the true information about the business activities and financial status related to the loan.

Approved.