Short-term borrowing activity

Short-term borrowing activity

Not a last resort would not turn to private lending. Friends and relatives and some private entrepreneurs haven't formed network of loan, such as lend rich gambling is a rare situation. Although Chongqing folk debit and credit interest rates while also climbing, but is still relatively low compared with coastal areas. The emergence of private lending, for small and medium enterprises to some extent, ease the financial pressure. But he also warned that private lending shall not exceed a maximum of similar Bank loan rates 4 times. Beyond this limit, the excess interest will not be protected. BACK
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