Can rural household register do interest free loan?
Can rural household register do interest free loan? sure. The Interim Measures for the Administration of Personal Loans have corresponding provisions on it: Article 11 An application for personal loans shall meet the following conditions: (1) The borrower is a citizen of the People's Republic of China with full civil capacity or an overseas natural person who meets the relevant provisions of the state; （2） The purpose of the loan is clear and legal; （3） The amount, duration and currency of the loan application are reasonable; （4） The borrower has the willingness and ability to repay; （5） The borrower is in good credit condition and has no major bad credit record; （6） Other conditions required by the lender. Do you understand this explanation?
