Our life is always in a constantly changing process. As we all know, with the development of social economy, we find many new things around us. There are many online loans. With the development of network technology, online loans are gradually flooding all aspects of our lives. The harm of online lending is still great, but many people are not aware of the harm of online lending. So how can we identify an online lending institution? Is it legal? First, we can follow some national standards for lilies. If the annual interest rate exceeds 24%, it will not meet the national standards. This situation basically conforms to the characteristics of online lending.

Then, some netizens said that the answer was yes. By collecting all kinds of data, we can know that its annual interest rate is over 24%, so it is also an online loan, and such an online lending institution will not support it in court. It is a non-legal online lending institution. It is usury, a kind of usury. The attitude towards usury must be firm, and don't be fooled by criminals. We all know that usury is very harmful. She will urge you to repay in various ways, which may hurt your body and your mind to some extent.

It can be said that when we need money urgently, we must choose a formal lending institution to borrow money. The most accurate way is to go to the bank for a loan. Because banks are under the control of the state, they are relatively safe. When making a loan, you must pay attention to bring your personal certificate. The bank flow meets the conditions of bank loan, including 18 years old or above, with full criminal capacity, legal and stable income, repayment ability and good credit.