1. According to the relevant laws and regulations of China, the interest agreed by both borrowers and lenders exceeds 4 times the listed interest rate of the one-year loan market when the loan contract is established, which is not protected by law. 2. The interest rate agreed between the borrower and the borrower shall not exceed four times the listed interest rate of the one-year loan market when the loan contract is established. If the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it.

Legal objectivity:

Article 676 of the Civil Code If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations. Article 678 The borrower may apply to the lender for extension before the repayment period expires. If the lender agrees, it can be extended. Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.