Regular IOUs pay interest on monthly IOUs

Formal formal IOUs pay interest on a monthly basis IOUs can be written clearly, from the data of the loan is the data borrowing time, repayment time and how much interest is clearly written, so that it is very clear, and both parties must sign.

Regular IOUs pay interest on a monthly basis, and IOUs are also OK, and many stages are paid on a monthly basis.

Formal IOUs must also be protected by national law, and in general, in this case, it is better not to exercise these scopes yourself.

If you are a regular borrower and pay interest on a monthly basis, then you can write this paragraph clearly on the IOU.

Generally speaking, the interest rate on such a loan is generally between 5% and 15% for the country's banks.

Borrowing money or being borrowed, playing IOUs and IOUs, you must be careful not to make a single word, otherwise it will be a trouble to repay and ask for money in the future.

The regular IOU pays interest on a monthly basis, and the IOU must prove that this exercise is regular, and if it is signed by both parties.

It's what you both agree on. Whatever the agreement is implemented, it is legally valid.

Regular IOUs pay interest on a monthly basis, which is not correct or wrong.

Regular IOUs pay interest on a monthly basis, which requires you to follow the provisions of the contract.

Regular IOUs pay interest in February, regular IOUs regular interests, regular IOUs A welfare interest is also OK.

Legal Analysis: Depends on the circumstances. The amount of interest should be determined according to the principal, interest rate and length of borrowing, and the monthly interest rate should not exceed 2%.

According to the laws of our country, if the interest rate agreed between the borrower and the borrower does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it.

Legal basis: "Provisions of the Supreme People's Court of the People's Republic of China 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 24% per annum, 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% of the annual interest rate, the people's court shall support it.

Legal analysis: the legal maximum monthly interest on the IOU is 2 cents, and the annual interest rate is 24%, if the annual interest rate exceeds 36%, it is usury and is not protected by law, that is, the range of annual interest below 24% is a "judicial protection zone" recognized by law, and the interest agreement between the two parties below this number is legal and valid; Between 24 and 36 per cent are "natural debt zones".

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.

An IOU is a written document indicating the creditor's rights and debts, which is generally written and signed by the debtor, indicating that the debtor has owed the creditor the amount indicated in the IOU. The interest may be determined by negotiation between the parties, but the interest shall not exceed four times the one-year loan market interest rate at the time of the conclusion of the contract, and the excess part shall not be protected by law.

1. Is borrowing money and writing IOUs for fear of defaulting?

The role of borrowing money is to prevent one party from defaulting on the debt, the IOU is a written voucher that shows the creditor's rights and debts, and the repentance is generally written and signed by the debtor, indicating that the debtor has owed the debt of the amount indicated in the creditor's IOU. An IOU is an IOU that is written to a person or a public person when they borrow cash or goods from the other party. After the money and property are returned, the slip maker takes back the slip, which is invalid or torn.

It is a voucher instrument. It is usually used in daily life as well as in business management. From a legal point of view, an IOU is a written document indicating the creditor-debtor relationship, which is generally written and signed by the debtor, indicating that the debtor has owed the debt of the amount specified in the creditor's IOU.

2. What is the difference between an IOU and an IOU?

There is no difference between an IOU and an IOU. Both IOUs and IOUs are written documents indicating the creditor-debtor relationship, which are written, signed and sealed by the debtor and handed over to the creditor, indicating that the debtor has owed the debt of the amount specified in the creditor's IOU. An IOU is a kind of application text written by an individual or an organization when borrowing cash and property from an individual or a public person.

"IOU" refers to the creditor's right certificate issued by the debtor to the creditor when the borrower and the lender establish a relationship of rights and obligations.

3. Is the legal effect of the IOU recognized?

The legal validity of the IOU is recognized. An IOU is a written document indicating the creditor's rights and debts, which is generally written and signed by the debtor, indicating that the debtor has owed the creditor the amount indicated in the IOU. An IOU is an IOU that is written to a person or a public person when he or she borrows cash or goods from the other party.

After the money and property are returned, the slip maker takes back the slip, which is invalid or torn. It is a voucher instrument. It is usually used in daily life as well as in business management.

Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases.

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 one-year loan market interest rate 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.