How much is the interest of folk usury for one year?

2% interest is a common name, that is, the interest rate is 2% per month. Interest calculation formula, interest = principal * interest rate * time. The annual interest of 10000 yuan is 10000*2%* 12=2400 yuan.

The dichotomy of private lending is generally the monthly interest rate, 10000*2%=200. One month annual interest rate:10000 * 20%/12 =166.66.

Loan risk:

First, we must strictly review the market access mechanism and review the qualifications of some private lending institutions. Private banks that have certain funds and can operate according to law can be franchised as private financial institutions within a certain period of time; On the other hand, those who seek usury must be severely cracked down and banned to maintain a good financial order.

Second, the interest rate of private lending should be managed more transparently. To standardize this kind of private lending, we should fully consider the lending demand and incorporate it into our effective management methods, which can fluctuate according to the requirements of the lender's qualification level, and use some market competition to promote the development of lending norms.

Third, introducing loans into the real economy, the people have a lot of capital, where have they gone? But we also need to enter the cycle of the real industry, so as to promote the sustainable development of the real economy. Instead of just wandering around as some free capital, it is better to use it legally and normatively.

Fourth, the flow of private lending funds needs to be strengthened and effective management should be implemented. It is necessary to set up some special supervision institutions to supervise their lending behavior, monitor and manage funds, establish perfect, sound and scientific import statistical monitoring indicators, and conduct necessary supervision and guidance on the flow and investment of some private lending funds to prevent some private mortgages from being everywhere.

interest

1. Interest is the use fee of money in a certain period of time, which refers to the reward that the money holder (creditor) gets from the borrower (debtor) for lending money or monetary capital. Including deposit interest, loan interest and interest generated by various bonds. Under the capitalist system, the source of interest is the surplus value created by hired workers. The essence of interest is a special transformation form of surplus value and a part of profit; Money other than the principal of deposits and loans (different from "principal").

Second, the abstract interest point refers to the value-added amount brought by monetary funds injected into the real economy and returned. In a less abstract sense, interest generally refers to the remuneration paid by the borrower (debtor) to the lender (creditor) for using the borrowed currency or capital. Also known as the symmetry of sub-fund and parent fund (principal).

Three, Interest (interest) is the reward of the owner of the fund for borrowing money, which comes from a part of the profits formed by the producers using the funds to play their business functions. Refers to the value-added amount brought by monetary funds injected into the real economic sector and returned. The calculation formula is: interest = principal × interest rate× deposit period × 100%?