Mickey Mouse loan is not a legal lending institution, but an illegal "black platform" loan. Black platform loan refers to the behavior that some illegal organizations or individuals provide high-interest loan services to borrowers through the Internet and other channels. This kind of loan usually has risks and problems such as high interest rate, malicious collection and violent collection, which is easy to bring serious economic and social problems to borrowers.

Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date.