Talk About The Our Country Folk Lending Laws Regulating

Private lending is an ancient wany of financing. With the developing of the economic society, the transaction of the business subjects becoming increasingly active. The demands of fund liquidity in all walks of life also become more and more frequent. Private lending plays an positive effort on improving economic development, making up the shortfall of financial credit, solving the problem of the shortage of funds, and accelerating the liquidity of funds. But due to the fact that comparing with financial credit, private lending lack regulation and management mechanism, so private lending is a high-risk way of finance. As a result, disputes come from private lending increased year by year. And in trial practice, there also exists some problems of application of the law.During the early days of funding of our country, all private lending activities are not sallowed. But nowadays, only in some judicial interpretations, we have restrictive provision. The attitude of the government towards private lending has been changed. The inconsistent in private lending in academia, and absence of laws and regulations, also lack of supervision, making the private lending in our country full of difficulties.This thesis use vertical and longitudinal comparison of thinking, analyzing a variety of researches, and comparing domestic laws and regulations with abroad. Then put forward the necessity and urgency of legislation on private lending, and analyzing related issues in judicial practice. So as to propose suggestions in legalization of private lending.