Research On Legal Regulation Of Private Lending Interest Rate In China

Private lending in China has existed for nearly five thousands years,while formal finance arose seven or eighty years ago.Informal finance is the origin of formal finance.Since the reform and opening up,the development of market economy and the acceleration of the process of financial market have promoted the prosperity of private finance.In recent years,net load such as Yu’ebao and Mayihuabei,makes private lending more diverse,but also more problems.Prospect but unmature private lending market cause malicious debt collection and illegal fundraising and other criminal easily.The 2012 WuYing case is typical.The issue of interest rate is the core issue of private lending.China has took part in WTO many years ago,and it is imperative to open up the finance market,so the law is necessary.In order to cope with the reform of financial system,the private finance in our country is in urgent need to build a perfect legal system.Therefore,I decided to choose this subject to research.This thesis analysis the private lending rate from the perspective of history and foreign areas.The first part is basic theory of private lending.Secondly,the analization of the evolution of China’s private lending rate in history is following.Thirdly,it compares the private lending rates in different countries and regions in order to draw some useful experiences.Then,it comes the influence factors,causes and evaluations of "4 times interest rate" and "interest rate of 24%and 36%".Finally,a reasonable standard of private lending rates will be arrived at.