Is it legal to borrow 10,000 yuan a day with interest?

Illegal. The interest rate is significantly higher than the national legal interest rate, which is an illegal usury.

If you borrow 10,000 yuan from someone, the interest rate is 8 yuan a day, and such a month is 240 yuan.

Hello, I borrowed 10,000 yuan, the daily interest rate is 8 yuan, and the monthly interest rate is 240 yuan.

Hello, if you borrow 10,000 yuan from someone else, the interest rate is 8 yuan per day. That month it was $240. In the private sector, interest rates are not very high, but they are still acceptable.

Hello, if you borrow 10,000 yuan from someone else, the interest rate is 8 yuan per day. Such a month is 240 yuan. In the private sector, interest rates are not very high, but they are still acceptable.

Hi, if you borrow $10,000 from someone else, the interest rate is $8 per day. Such a month is 240 yuan. In the private sector, interest rates are not very high, but they are still acceptable.

This depends on what kind of credit agency, if it has the conditions for lending, then it is legal, if it is not at a low interest rate, you should also be careful.

Is it legal to borrow 8 yuan for 11,000 days of interest? It's up to you to think about it, and this belongs to private lending. Reception tomorrow. It's because you need to. So. It's all handled by the people.

Not high

10,000 yuan, that is, 10,000 yuan, a month interest of 80 or 80 is not high, in line with the legal standards, because the highest borrowing interest rate of private loans protected by relevant laws in China is 15.4 percent, that is, 88 yuan divided by 10,000 yuan is about 8 percent, and the annual interest rate is 9 points 6, that is, it meets the legal standards, so 10,000 yuan a month 88 yuan is not high.

The interest rate of 10,000 yuan a month is 800, and the annual interest rate is 800 10000*12 96 nearly 1 dime, which is not protected by law and is illegal usury. If the interest agreement exceeds the legal provisions, it is invalid, and the excess part can be refunded. A private loan contract refers to a contract between natural persons, between natural persons and non-financial institution legal persons, between other organizations, and between non-financial institution legal persons and other organizations, stipulating the rights and obligations arising from the borrowing of a certain amount of money from one party to the other party.

Legal analysis: There are the following methods for calculating interest: 1. Accumulation of interest method:

Loan interest = daily interest rate, where interest-bearing accumulation = total daily balance. 2. Transactional interest-bearing method: According to the basic interest-bearing formula, interest = principal, interest rate, and loan term, there are generally the following three types:

1) The interest period is the whole year (month): interest = principal year (month) number of years (months) interest rate. (2) The interest-bearing period has a whole year (month) and a fractional number of days

Interest = Principal Year Chain (Month) Number Year (Month) Interest Rate + Principal Fractional Days Daily Interest Rate. (3) The interest-bearing period is all converted into actual days: interest = principal actual number of days daily interest rate (365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month).

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

Article 673: If the borrower fails to use the loan in accordance with the agreed purpose of the loan, the lender may stop disbursing the loan, withdraw the loan in advance, or terminate the contract.

Article 674:The borrower shall pay interest within the agreed time limit. Where there is no agreement on the time limit for the payment of interest or the agreement is not clear, and it is still uncertain in accordance with the provisions of Article 510 of this Law, and the loan period is less than one year, it shall be paid together with the return of the loan; If the loan period is more than one year, it shall be paid at the end of each year, and if the remaining period is less than one year, it shall be paid together with the return of the loan.

Article 676: Where a borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or the relevant provisions of the State.

Legal Analysis: Illegal, usury.

Legal basis: "Criminal Law of the People's Republic of China" Article 175: Where credit funds from financial institutions are obtained for the purpose of relending for profit, and the amount of unlawful gains is relatively large, a sentence of up to three years imprisonment or short-term detention is to be given, and a fine of between 1 and 5 times the amount of unlawful gains is to be given; where the amount involved is huge, the sentence is between three and seven years imprisonment and a concurrent fine of between 1 and 5 times the amount of unlawful gains.

Summary. Legal basis: Legal basis:

Article 680 of the Civil Code of the People's Republic of China prohibits usurious lending, and the interest rate of the loan shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed to have no interest. If the loan contract is not clear about the payment of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined in accordance with factors such as the local area or the parties' transaction methods, trading habits, and market interest rates; Where natural persons borrow money between themselves, it is deemed that there is no interest.

Pro, stupid, sailing, pro ( 3 ) with hail Glad to answer for you. <>

<> Bending to borrow 18,000 per month, with an interest of 1,500 is legal. Legal analysis: The interest rate shall not exceed four times the one-year benchmark interest rate announced by the People's Bank of China, that is, 24%.

Legal basis: Legal basis: Article 680 of the Civil Code of the People's Republic of China prohibits usurious lending, and the interest rate of the loan shall not be determined in violation of the relevant national regulations.

If there is no agreement on the payment of interest in the loan contract, the bureau shall regard it as no interest. If the loan contract is not clear on the payment of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined in accordance with factors such as the local or the parties' transaction methods, trading habits, and market interest rates; Where natural persons borrow money between themselves, it is deemed that there is no interest.

Summary. Extended information: borrowing 8000 its one-year interest calculation as long as the interest rate does not exceed four times the one-year loan market ** interest rate, if the interest rate of the loan exceeds, the excess part of the interest is not protected by law, the borrower can not pay.

Legal basis: Article 25 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 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.

Glad for your question, borrowing eight thousand a year with interest of one thousand is not legal.

Extended information: borrowing 8000 its one-year interest calculation as long as the interest rate does not exceed the model return to four times the one-year loan market ** interest rate, if the interest rate of the loan exceeds, the excess part of the interest is not protected by law, the borrower can not pay. Legal basis: Article 25 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 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.