The Research Of China’s Rural And Folk Loan Laws And Regulations

Since China’s reform and opening up, China’s rural financial organization after achange, although initially formed by agricultural bank, agricultural developmentBanks, rural credit cooperatives as the theme of rural formal financial organizationsystem, but the legal system of rural financial suppression phenomenon hasn’tchanged, there are a number of problems with China’s rural financial organization. Asa active private lending in rural credit markets, for a long time, there has been notonly, and the market. Rural folk credit form of folk lending is spontaneous, as ameans of non-formal finance, make up for the lack of the formal financial. With therapid development of economy in our country, the scale of the rural folk lending ismore and more big, more and more diversified and largely promote the developmentof the rural economy. But the folk lending has its own problems, such as rural folklending is not official supervision, the usury phenomenon is outstanding, part of thefolk lending organizations illegal absorb deposits and issue loans, and have certainblindness, the folk lending to fickle kinds, its cash flow is not consistent with nationaleconomic policy, make some national policies are difficult to implement.This article including four parts, the first part mainly studies the necessity ofexistence and development of the non-government loan, the negative impact of thecurrent rural folk lending, rural folk lending definition, characteristics and function ofrural folk lending and the present situation analysis. The second part of main researchproblems existing in the norms of rural folk lending, respectively, from the legal subject, legal, regulatory and legal standard is analyzed from the three studies. Thethird part details the foreign legal system on rural folk lending rules and reference toour country. The fourth part from the Angle of market access, supervision, riskcontrol, interest rate of rural folk lending laws in China are also proposed.