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Private loan interest

Private loan interest

Agreed to taking out a loan interest rates after a dispute, you can not exceed Bank lending rate 4 times times of a similar standard to determine its interest rates. Of interest on the excess will not be protected.
in an interest-bearing loan, the interest rate may be appropriate above the bank rate, but shall not exceed 4 times times the bank interest rates on similar loans, shall not engage in usury. If more than 4 times (at current rates) it's that most disputes, the Court does not protect the excess, but when there is no dispute, you can get higher yields. Note This article does not have a punitive. BACK
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