Of interest

1, legal interest does not impose requirements on private lending, a paid or unpaid basis agreed by both parties. As for interest agreed by the parties, the borrower shall pay interest on such interest was not agreed or explicitly agreed by the parties and deemed interest. So, who wants to charge interest on the loans, the interest must be expressly agreed otherwise, treated as an interest-free. 2, even if it is interest-free loans, borrowers ' repayments overdue, lender the right to demand overdue interest or interest-free loans from time again not, lenders asked to pay interest after the reminder may refer to similar loans carry interest at a rate of banks. BACK
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