What's wrong with credit recently?

Recently, there are problems such as routinization, fraud and violent collection of loans, which are suspected of routine loans.

If the loan is not repaid, there will be the following consequences: 1. Xinyou company has been connected with the central bank's credit information system. Once the loan is overdue, there will be overdue bad credit records uploaded to the personal credit report, which will cause credit stains and affect the handling of credit business; 2. After loans overdue, I will take certain measures to collect money, such as sending text messages and making phone calls to borrowers, which will affect borrowers' daily life. In addition, loans overdue still needs to pay overdue fees, which will increase the repayment pressure of borrowers or strive to repay on time.

1. If it is overdue loan interest, the penalty interest rate of WeChat revolving loan will be much higher than the normal loan interest rate, but it is still calculated on a daily basis.

For example, if Xiao Zhang circulates in loans overdue for 5 days on WeChat, the overdue interest rate is 0.05% 1.5 times, that is, 0.075%, and the loans overdue interest to be paid is 5000×0.075%×5= 18.75 yuan.

2. Revolving credit agreement, also known as "revolving loan agreement", is an agreement that banks are legally obliged to provide loans not exceeding a certain maximum limit. During the validity period of the agreement, the bank must meet the loan requirements of the enterprise at any time as long as the total loan amount of the enterprise does not exceed the maximum limit. When an enterprise enjoys a revolving credit agreement, it usually pays a commitment fee to the bank for the unused part of the loan amount.

3. The interest of private lending is agreed by both parties, but it is more than 4 times of the bank loan interest rate in the same period and is not protected by law. That is to say, if the borrower fails to pay back the money, the creditor will sue the court, and if the court decides, it will only award interest at four times the bank loan interest rate in the same period, and the excess will not be awarded. Let's calculate whether the monthly interest rate of 2: 5 is within four times:

1. At present, the medium and long-term annual interest rate of bank loans for the same period is 5.6%.

5.6% x4 = 22.4%；

Second, the monthly interest rate is 2.5%. Calculate the annual interest rate, 2.5% x 12 months = 30%;

Third, 30% is more than 22.4%, which is more than four times the bank loan interest rate in the same period. If A sues you to the court, the court will only award interest within 4 times, that is, 22.4%.

4, usury is illegal, so the borrower can only repay the principal and interest within the scope permitted by law, and because of the violent crime of usury, it is not recommended that the parties consider this way of borrowing when there are many ways to collect debts.

Private lending is a civil act, which is bound and protected by civil law and contract law.

However, according to Article 211 of the Contract Law: "If the loan contract between natural persons stipulates to pay interest, the loan interest rate shall not violate the relevant provisions of the state on limiting the loan interest rate".

According to the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases, if the annual interest rate agreed by both parties does not exceed 24%, the lender has the right to require the borrower to pay interest at the agreed interest rate. However, if the interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, the interest exceeding the annual interest rate of 36% shall be deemed invalid.