1, ID card lending.
In this Internet age, everyone's identity information may be leaked. If some lending institutions are not strictly audited, criminals can successfully apply for loans with your identity information. Once overdue, it will affect your personal credit information. In the case of "being loaned" or "being trapped", there is no need to repay.
So what should we do? Just confirm: no loan application has been made; If you don't receive the payment, you can hold these certificates to negotiate with the online lending institution.
2. Non-compliant loans
In China, there are clear provisions on loan contracts. Article 37 of the Commercial Bank Law and Article 6 of the Regulations on Loan Contracts all stipulate that the loan contract shall stipulate the loan type, purpose, amount, income, repayment period, method, liability for breach of contract, etc.
Everyone should carefully check the relevant contents before lending money. If anything does not meet the requirements, then there is no need to repay later, and the contract is invalid. It is recommended to read more legal provisions on lending in peacetime.
3. usury with an annual interest rate exceeding the limit.
It is stipulated in China's private lending that interest with an annual interest rate of more than 36% does not need to be repaid, but the premise is that the annual interest rate is below 24% and the annual interest rate is between 24% and 36%. If an agreement is reached, repayment can be made. Once repaid, recovery is not supported.
In addition, Article 200 of the Contract Law stipulates that the loan interest shall not be deducted from the principal in advance. At present, some online loans use this form of beheading interest, such as borrowing 1000 to actually reach 700 yuan, which is illegal.