Wang Mou and Wu Mou, Qiu Mou private lending dispute

[Case classification] : loan disputes

[Commissioned time] : January 2017

【 Brief introduction 】

On June 27, 2016, the defendant borrowed 26,400 yuan from the plaintiff, and the two parties agreed that the repayment period was July 27, 2016, and the monthly interest rate of the loan was 2%, and the interest on the loan in late repayment was calculated at four times the loan interest rate of the bank during the same period. After that, the defendant returned the loan of $2,200, failed to return the remaining loan according to the agreement, the plaintiff demanded the loan failed, and then sued to the court.

【 Lawyer analysis 】

The legal lending relationship shall be protected by law. The fact that the two defendants have not returned the remaining 24,200 yuan borrowed from the plaintiff, and the two defendants have failed to repay the principal and interest in accordance with the contract after borrowing, has constituted a breach of contract and has factual and legal basis.

【 Verdict 】

Through the lawyer Wang Zhen, the court finally supported the plaintiff's claim, and the defendants Wu and Qiu returned the principal and interest of the plaintiff's loan within ten days from the effective date of this judgment.