How long it will take to pay it back depends on the profit.

1. If the arrears happen to be 65,438+10,000, the penalty interest and the like will not be counted. The monthly income is 5000 yuan, after deducting 2000 yuan, it is used for daily living expenses. 3000 yuan can only be settled for repayment.

2. Taking the daily interest rate (0.02%) as an example, the interest of 65,438+10,000 yuan =1000003600.02% = 7,200 yuan, which needs to be repaid every year and settled in 42 months.

2. Is it illegal for online companies to earn 10 interest?

Not illegal, but it belongs to it. The legal judgment is that it is not a penalty interest, but only the principal.

Third, is the interest of online loan 10% legal?

I can tell you responsibly that 10% interest is legal, whether it is online lending or private lending, because the relevant laws promulgated by the state have a very clear definition of private lending, that is, the interest rate not exceeding 4 times the bank loan interest rate is normal and cannot be punished, and the state manages online lending in full accordance with private lending, so the interest rate of 10% is normal.

4. Is it legal for online loan interest to be 10% a day?

1, illegal.

The maximum annual interest rate of the bank is 24%. In other words, you can't exceed 2 points a month. One day 10%, definitely won. Not protected by law.