If we only look at the debt level of China residents, the total debt of residents is twice that of savings deposits, and the debt ratio of domestic residents is indeed a bit high. It is urgent to reduce the high debt ratio now. However, in real life, some debts do not need to be repaid. 202 1 China introduced new regulations. If you encounter these five types of debts, you don't need to repay them in the future, which is undoubtedly good news for the debtor.
In the first category, there is no need to repay excessive usury. In the past, many people owed usury for various reasons, and the snowball of usury often drove people to desperation. Moreover, some lenders use violent dunning, which has a great impact on the debtor's life.
According to the relevant regulations, if the loan interest rate exceeds 4 times of the benchmark interest rate (the benchmark interest rate for domestic loans is 3.85%, as long as the loan interest rate exceeds 15.4%), it can be identified as usury. This means that only the interest within the benchmark interest rate of the loan is legal, and the excess interest does not need to be repaid.
Second, the debt owed by one spouse does not need to be repaid by the other. In our impression, when husband and wife get married, the property belongs to * * *, so the debt is also shared by * * *. However, according to the provisions of the Civil Code implemented this year, only * * * bears the same debt as the signatory, or later ratifies * * *, or one party owes it to maintain the daily expenses of the family, which is the * * * debt of the husband and wife, and the others are not * * * debts.
The third category, debts with a validity period of more than 3 years, is also considered invalid. According to the relevant laws and regulations, within the prescribed three-year period, the creditor may demand debts from the debtor or bring a lawsuit to the court, and the debtor also needs to repay the debts within three years. For example, my friend Lao Liu borrowed money from you, and the time written on the loan slip was June 20, 20 18. If you want to recover the money, you need to go to court before June 20, 20021. After this time, you can no longer sue and are not protected by law.
Fourth, money borrowed from illegal lending institutions does not need to be repaid. A few years ago, a large number of online loan companies appeared in China. On the one hand, online lending companies borrow money from ordinary people and lend a lot. On the other hand, this kind of illegal online lending companies get high profits by putting money into consumers' daily shopping and charging high interest. However, with the collapse of a large number of online lending companies, if someone borrows money from these platforms, the debt will not be paid in the future.
The fifth category, when you encounter a routine loan, you don't have to pay off your debts. For example, Liu is in urgent need of 200,000 yuan in working capital. He saw a loan company posting on the Internet that it could borrow working capital with interest of 10%. Boss Liu thinks that 10% interest is not high. As a result, when he talked with the people of the online loan company about lending money, he found that he could only take180,000 at most, and the other 20,000 was deducted in advance as a handling fee.
Then the 6.5438+0.8 million still needs to repay the principal and interest according to 200,000. In this case, the borrower not only borrowed a lot less money, but also continued to repay the loan interest in full, which is prohibited by the state. When encountering a routine loan, the debt owed will not be repaid.
In our daily life, there will always be times when money is badly needed. In desperation, we can only borrow from some institutions and enterprises, while some illegal institutions use various tricks to hurt the majority of borrowers. Now our country has new regulations. If you meet the five kinds of loans mentioned above, you don't have to repay the loan.
Of course, I still have to advise those borrowers not to owe foreign debts unless they have to. It's really impossible They still apply for a loan from the bank. Although the threshold of banks is higher, the loan interest will not be very high, so as not to fall into the strange circle of increasing debt scale.