Lending refers to the behavior that the fund provider issues loans to the borrower. According to different fund providers, it can be divided into bank lending and private lending.
Private lending refers to the lending behavior between citizens, citizens and legal persons, and citizens and other organizations. The subject of funding can be citizens, legal persons or other organizations.
As long as the opinions of both parties are true, it can be considered valid, and the mortgage generated by the loan is correspondingly valid, but the interest rate shall not exceed 4 times of the benchmark interest rate of the People's Bank of China in the same period.