Is it necessary to calculate interest on money borrowed between relatives?

Generally speaking, borrowing money is a normal thing that needs to calculate interest, because at the legal level, borrowing money is an economic activity, and this needs to calculate interest, and this interest is calculated according to the economic environment and economic fluctuations at that time. Because borrowing money is usually an IOU or a verbal agreement between each other, if you verbally agree that you don't need to calculate interest, you can also not calculate interest, but borrowing money between relatives and relatives is more complicated, because it contains family affection in it, and this kind of economic behavior will be more complicated, if you calculate interest, usually others will say, if you calculate interest, then others will say that your piecework is guaranteed, which will give people a bad feeling. But if you don't calculate the interest, then others lend you money, and other people's money is not blown by the wind, so that is to say, your family affection is equivalent to harming the economic interests of others, which also gives people a sense of taking advantage of others in the name of family affection, so no matter who this is more troublesome, this kind of problem is more complicated to deal with, you have to look at the so-called family relationship between you, whether it is a brother or a biological sister, or a loan between parents and children, Or the mood between cousins, it depends on what level of your relationship is. If there is only nominal affection for each other, but in fact, there is no contact with each other in real life, then it is not surprising to calculate this interest, because no one's money is blown by the wind. But if you have a very good relationship with each other, you often have mutual contacts or business dealings with each other or business cooperation, or there are other mutual assistance situations, then you can also do not calculate interest, because these money must be borrowed from you where it is needed, if you do not calculate interest, then others will repay you or thank you in other aspects, and it is not necessarily necessary to calculate interest.

But if the relationship between you is only a relative, and you don't have any contact or any other cooperation, that is, you just have some kinship, and there is actually no connection, then it is reasonable to calculate the interest.

Relatives borrow money between relatives, borrow if you can trust, don't borrow if you can't believe it, don't help the poor, whether it's relatives or friends, borrowing money shouldn't be counted as interest, relatives are not like outsiders, anything can be taken to the table to calculate clearly, relatives always like to make oral agreements, but don't make IOUs and don't worry, really don't pay back the money to the court is not good-looking. There are too many who negotiated interest at the time and couldn't pay back the principal in the end. Therefore, when lending money to others, the first thing is to consider the person's character, intimacy, and ability to repay.

Second, consider what to borrow money for, borrow money to do business, invest in buying a house and buy a car, how much interest can not be borrowed, the risk is too great, the repayment period is uncertain, in short, borrowing money has little to do with interest, the most important thing is the borrower's ability to repay. Of course, if you are sick and save your life, even if you have seen that you have no ability to repay, you can lend a helping hand within your ability and be prepared to give it for nothing. The same interest is calculated for lending money to relatives and friends, and it is good to meet someone who understands things, and when you encounter someone who does not understand things, it is clear that you have helped others and have to be said to have such a good relationship and interest, which is also thankless, and relatives are not close, why bother?

Is it necessary to calculate interest on money borrowed between relatives? It's a big headache. It is a traditional virtue for relatives to help each other.

It's my duty to help you, it's my duty not to help you, don't take my affection for you as my duty. Nothing can be taken for granted" 。Both borrowers and borrowers should have the right mindset.

If the loan amount is not large and the time is not long, I personally think there is no need to worry about interest. If the loan amount is large, it is recommended to enter into a written contract to clarify the time, term, amount, and interest (which can be interest-free), and resolve the dispute through negotiation in the execution of the contract. If the lender is willing to help the loved one further, the interest and principal can be waived.

The party who owes money needs to be grateful, conscientiously fulfill the repayment obligation, and cannot rely on the debt just because it is a relative. It is not uncommon for relatives to turn against each other over debt disputes. The "brothers should settle accounts" that has been passed down for thousands of years is the basic criterion for resolving family relations and economic exchanges.

I think "yes", even if it is a relative, it should be counted as interest. But if it's a short-term use of money within half a year, it doesn't count. But if it is a relatively large amount of short-term money, it should also be calculated as interest!

When you borrow money, you often need to borrow money because your own money can't be turned.

There is a lot of money in the bank, but the procedure of borrowing money from the bank is more complicated, and many people are reluctant to borrow money from the bank. At this time, relatives are the best borrowers, and the chances of borrowing money from relatives are higher. Bank loans must have interest, so when you borrow money from relatives, you should also pay the corresponding interest (the bank's deposit rate for the same period is fine).

In 2018, my friend Xiaoqiang needed to borrow money because he bought a house and paid a down payment. Xiaoqiang originally had money and enough to pay the down payment, but the real estate sales office gave a week's notice in advance, and Xiaoqiang's money could not be returned, and he could not pay the interest for a while. So Xiaoqiang borrowed money from our friend, and the total loan amount was 100,000.

Everyone knows that Xiaoqiang is rich, and this time he used the money temporarily, so our three friends pooled 100,000 yuan for him. Half a year later, Xiaoqiang began to repay the money, and none of the three of us charged him interest. Originally, everyone had a good relationship together, and he only used the money for half a year, so the three of us agreed that there would be no interest.

In the end, Xiaoqiang invited us continuously.

The second or third customers can also be regarded as interest.

If relatives are reminded to borrow money, there is no need to calculate interest. This is because since you have crossed the relationship between strangers, if the relatives have a good relationship, there is definitely no need to calculate interest.

A little should be charged, one, interest is an expression of gratitude.

It must be admitted that we should be grateful for someone who is willing to lend us money when we need it. Some people say that's not right, some people borrow money and charge a particularly high interest just to make money. There is nothing wrong with this statement.

However, it's a fact that they make money, and it's also a fact that they help you get through it.

What you want to focus on is whether you can get through it alone without the lender's money. If not, then the lender must be grateful for their help.

Paying interest, on the surface, is giving money, and at a deep level, it is a kind of gratitude. Of course, gratitude doesn't have to be expressed in interest, but it is a more direct way to make lenders feel more comfortable.

2. Non-payment of interest is a loss to the lender.

Many people think that as long as the principal is repaid, his credit is good. In fact, borrowing money without paying interest is also a manifestation of bad credit. If the lender does not lend the money, he will use it for investment, for financial management, even if it is to buy a daily necessities, he can use it immediately.

Money has a time value for everyone, and if you take up its time value, others can't.

In other words, when you borrow money from others, in addition to the value of the money itself, it also has its time value. This time value is mainly reflected by interest, and failure to repay the interest is equivalent to making the lender suffer losses.

3. Interest is to make it easier to borrow money in the future.

Imagine a scenario where you are a lender and you have two friends who are very close to each other.

Third, Li Si borrowed money from you, and you also lent them too. When repaying the money, Zhang San paid the interest, and Li Si did not pay the interest. Soon, these two people borrow money from you, who will you choose to lend to? Obviously, it will be lent to Zhang San.

People are able to compare, others can receive interest on money lent out, and if you can't receive interest, will you continue to borrow money again?

If you also feel that you should pay interest, then do you also have a question: how much interest should you pay? In fact, the state has already hinted at it through laws and regulations.

The Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases describe that if there is no agreement on the loan interest rate during the loan period, the lender's claim to pay interest at an annual interest rate of 6% for the period of capital occupation shall be upheld by the court.

That is, the court found that an interest rate of around 6% was appropriate. In the case of private lending, it can also be agreed at 6%.

Regardless of relatives or friends, borrowing money should not be counted as interest, relatives are not like outsiders, everything can be taken to the table to calculate clearly, relatives are always used to verbal agreements, but do not make an IOU and do not worry, really do not pay back the money to the court is not good-looking. There are too many who negotiated interest at the time and couldn't pay back the principal in the end. Therefore, when lending money to others, the first thing is to consider whether the person has a good character, a close relationship, and whether he has the ability to repay.

Don't borrow money, it's easy to ask for money, and in the end, relatives are turning against each other, of course, those who borrow money have deposits** can't be taken out for the time being, except for those who are in a short period of time. In short, borrowing money has little to do with interest, and the most important thing is the borrower's ability to repay. Of course, if you are sick and save your life, even if you have seen that you have not repaid, you should lend a helping hand within your ability, and you can repay any interest if you plan to give it for nothing.

It's not enough to calculate the interest and find a bank loan directly, so why owe favors and take money. The same interest is calculated for lending money to relatives and friends, and it is good to meet people who understand things, and when you meet people who don't understand things, it is clear that you have helped others and have to be said to have such a good relationship and interest money.

Borrowing money between relatives should be based on the specific situation, after all, there is family affection, if the time is short, the amount of money borrowed is not large, the interest should not be calculated, if the time is long, the amount is large, or the interest should be calculated, the brother is the best choice.

This question in the title is a matter of opinion, and the wise are wise. In general, I feel that it is good to deal with three situations.

In the first case, it is feasible to charge some interest appropriately.

The so-called emergency refers to our relatives and friends sometimes, rich, and good reputation, but it is inconvenient to turnover, and there are some, life, study, medical care, buying a house and other urgent places, the amount of borrowing is also larger, such as 30,000, more than 50,000, and the time is longer, such as more than a year and a half.

In this case, everyone will encounter it, help each other, and charge a little interest appropriately, I believe that the other party also fully understands.

In the second case, it is difficult, whether it is interest or not, but how much you want to borrow, you have to do what you can:

The so-called rescue means that the other party has a great difficulty, really needs money, and needs a lot, there is no definite ability to repay, and there is a lot of uncertainty in lending money.

In this case, as a relative or friend, it is good to be able to help. But you also have to take into account your own affordability and the other party's ability to repay. If you are willing to help, you can borrow a little within your ability, and you will be happy to pay it back, and you will really not be able to pay it back, and you will not fall into the pit of both.

As for interest, it doesn't matter if you want it or not, it's not the most important thing.

In the third case, borrowing chickens to lay eggs, you must consider it, even if you borrow, you must not only have interest, but also have a guarantee guarantee:

This is also very common, relatives and friends want to start a business, make a fortune, but they have no money, and borrow money from friends and relatives, no matter what, in fact, it is to take risks with others.

In this case, it is recommended to consider it, after all, you need to take a lot of risks, and anyone's money has a cost value, and it is natural to collect some interest, and if you don't collect it, it is your voluntary concession.

However, regardless of whether interest is charged or not, it is necessary to consider whether the principal can be returned. Therefore, to improve the guarantee procedures, it is best to have someone to guarantee, written in black and white, after all, entrepreneurship, management, 8 out of 10 are 9, not ideal.

To sum up: relatives and friends borrow money to help emergencies, not the poor. If you are willing to help the poor, don't expect to repay the debt and interest as a good deed.

With the development of the times, borrowing money to borrow chickens to lay eggs has also become the main reason for borrowing money between relatives and friends. For this, think about it clearly. If you want to borrow, you must also improve the procedures, and the interest that should be charged still has to be collected, after all, there are costs.

There is no need to calculate interest on borrowing money between relatives, and money is not as important as family affection. Family affection cannot be measured in money. Relatives should help each other, no matter who is in trouble, they should lend a helping hand, so that is the embodiment of family affection.

The notion that borrowing money from relatives and friends really has no interest is wrong. In the past, it was a tradition that relatives and friends borrowed money to talk about money, and feelings were greater than money, and there was really no interest.

It is precisely because of this lack of interest, coupled with the dishonesty of many people and the failure to fulfill their promises, that the family and friendship between relatives and friends are hurt, so that it is becoming more and more difficult to borrow money in today's society.

Modern young people's view of money has long changed, abandoning the traditional old concept that relatives and friends borrow money without interest, and talking about money without hurting feelings is the correct way to borrow money.

If you borrow money, you should pay interest, you don't owe favors, and you can't let others suffer. Those who can borrow money are the nobles in life, and they should especially cherish this friendship and never squander this feeling.

When borrowing money, be sure to write an IOU for the loan, clearly write down the interest and the date of repayment. In this way, the relationship can really last for a long time, and it will not hurt the relationship because of money.

You can't let your relatives and friends bleed and cry because of borrowing money. Personally, I think that borrowing money from relatives and friends must be paid interest, and if you don't talk about interest, it will really hurt your feelings. Even if the other party shirks it, you can't ignore it, and you have to compensate in other ways.