Study On The Interest Of Informal Finance

Informal finance is a way of finance with a long history,it is still very active now. And the interest of informal finance in china has a lot of problems, but not deal well under the regulation system now, Thus,in law, the interest of informal finance will not be used as a simple, abstract existence, It should be specific and access to justice there. Research should focus on it, or else people will suffer losses because they do not understand it.Chapter 1 will define the concept of informal finance, because it is the base concept of informal finance interest, so it is necessary to make clear what the basement concept of this paper. This part will describe the connotation and extension of informal finance, domestic and foreign scholars understanding of it and definition the types of informal finance.Chapter 2 focuses on the historical development of interest, both about official rates and informal finance interest. Official rate is very important to informal finance interest, it has a strong impact on informal finance interest, and the regulation about informal finance interest also base on the official rates.This part also makes a brief on the development of domestic and foreign regulation on interest.Chapter 3 talks about the current situation of informal finance interest in china, and how the informal finance interest formed. It has different economy status in our country, thus the informal finance interest is also different in different place.The form process of informal finance is much more like an economics problem, so it just makes a summary on different view to form process of the informal finance interest.Chapter 4 focus on the legal issues of informal finance interest, includes usury, the account method of informal finance interest, and lending between businesses. The informal finance can take part into three types, each of them has a interest that only fit for itself, thus usury is just one type in informal finance.Lending between business is forbidden in regulation, but it is very common and a popular way for business to finance.Chapter 5 talks China's legal system with a specific with a development trend. Informal finance and the interest legal system should be a uniform system for internal, the regulation now is not good for the development of informal finance, If the regulation still make no changes, it will even farm for economy of china.In this paper, coordinate research projects and research paradigms and research conclusions have a certain amount of cutting-edge and innovation, promote domestic research for the improvement of positive significance, but also for future amendments to the legislation of private lending reference...