Legal analysis: whether it is an online loan or any loan, the interest with an annual interest rate of less than 36% is legal. More than 36% are not protected by law. If there is no interest agreement in the loan contract or loan bill, it can often be presumed that the borrower does not have to pay interest to the lender. In other words, legally speaking, the borrower gets an interest-free loan. Although it may cause some damage to the interests of lenders, it is also the embodiment of the principle of honesty and trustworthiness. We usually call it the interest-free hypothesis.

Legal basis: Article 680 of the Civil Code of People's Republic of China (PRC) prohibits high-interest lending, and the lending rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.