Legal. Rongxin online loan is an internet financial model, which connects borrowers and investors through a network platform and provides microfinance services. It should be noted that although Rongxin online loan itself is legal, borrowers need to carefully choose the appropriate platform and abide by the rules and operating procedures of the platform when using online loans. In addition, borrowers need to borrow reasonably and repay in time according to their own financial ability and needs to avoid negative effects.