Loan shark reporting method: 1. The parties can call the hotline 12377 to report. This is the telephone number of the National Internet Information Office, that is, the telephone number of illegal and bad information on the Internet in China. 2. Complaints can be reported in official website, Beijing Internet Finance Association. 3. Online reporting: If you complain about violations of laws and regulations, you can visit official website of Beijing Internet Finance Association.

legal ground

Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 25 If the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people's court shall support it, except that the interest rate agreed by both parties exceeds four times the market quotation of one-year loan at the time of the establishment of the contract. The "one-year loan market quotation" mentioned in the preceding paragraph refers to the one-year loan market quotation issued monthly by the National Interbank Funding Center authorized by the People's Bank of China from August 20th, 20th, 20th19th.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.