The Legal Regulating System Of The Chinese Private Lending

Private lending as an important financing method in our country for a long time, the earliest dating back to the Western Zhou Dynasty. In recent years, along with economic and social development, population,especially the needs of SMEs for capital increases, development of private lending has become increasingly active, and serve as a useful supplement to formal finance China’s economic development has played a unique role. But with the increasingly large size of China’s private lending private lending will also be a number of potentially high-risk,spontaneous Gregory lending, suspected of money laundering, financial fraud, illegal sequestration and a series of disturbing social order and criminal behavior revealed one by one. Since the financing difficulties of SMEs in China, is facing huge financial pressure, while bank business models lag causes SMEs can not financing from banks and other financial enterprises, only turning to private lending, and the plight of our national finances have also led to most The remaining funds idle people want to make by way of private lending funds increase their value. Private lending has long been in existence in our country in many ways, from the ordinary private lending, private lending organization dedicated to continuous development. Specifically in the form of private lending are constantly evolving, from the previous firm, ticket numberand now private banks, P2 P net loan platform, all over the country are exploring the patterns of private lending, such as the housing agency based in Qingdao mode non-financing guarantee company Zhengzhou mode. Continued large-scale private lending, but on private lending legislation, the regulatory system has not timely closer, the persistence of lack of legislation, less the number of legislative, legal position is low,interest rates unreasonable restrictions, civil and criminal provisions of cross-cutting issues and other issues unknown. Since the private lending continued chaos aroused the concern and attention of the government and the community have come to realize the existing problems in the financial system, how to strengthen the private lending legislation system, the reconstruction of the regulatory system, so that private lending awkward legal status is resolved. The legal status of private lending, interest rates and other issues must be improved through legislation, and to continue to explore the development of private lending in favor of the sun, standardized development model and guarantee regulatory model.