A Study On Legal Issues Of Interest Rate Of Folk Loan

Controversy over interest of private lending in economic life has never stopped.Private lending is the product under the economic system transition in China, after years of gradual development it becomes an integral part of the diversified economic system of modernization in China. However, since the2008economic crisis, under the influence of macroeconomic situation, private lending dispute an explosive blowout, boss running tide in Wenzhou has led to a serious social problem, while key elements of our private lending-civil control of the lending interest rate, then have caused among examination and reflection on private lending interest rates.The dissertation consists of four Parts. The first chapter recalled the history of Chinese private lending interest rate and its evolution process, focus on different control moderns of objectivism and subjectivism and try to find the experience in different national regulatory approaches.Chapter II from the area of civil, administrative and criminal of private lending is illustrated in the framework of the legal system as a whole, and mainly from the area of civil law and criminal law to civil control system deficiencies discussed in lending.The third chapter bases on the civil cases of2010-2012three years in Shanghai from several aspects analysis of China’s current shortcomings in the legal system for private lending interest rate system.The Fourth chapter focus on the reconstruction of China’s civil legal in lending issues, and in a pilot zone for comprehensive financial reform in Wenzhou as an example, explores trends in market-oriented reform of interest rates for private lending interest rates under control, and the perfection of the legal system and judicial practices on interest in the concept of governance.Finally, the article summarizes the analysis of China’s private lending interest rate regime carding, put forward to the proposal for interest rate regime of perfection, and hopefully this article can help me to continue to pursue further study, discussion on private lending interest rate in China approaches.