The loan agency fee generally ranges from 3% to 9%. Generally speaking, when applying for loans from banks and online lending platforms, people rarely encounter loan agency fees and handling fees. If you find an intermediary to help you with the loan, you may have to pay the intermediary fee and handling fee. There is no fixed ratio between loan agency fee and handling fee. It is often calculated according to the borrower's amount, purpose, term and credit. At present, many intermediaries charge a fixed amount of fees in addition to proportional fees. The loan intermediary is also legal at the legal level and will not be punished by law. It is also illegal for an intermediary to make false accounts. If you can't find the target of the loan, you can still ask the intermediary for help.

Our country's law does not stipulate how much service fee the intermediary charges is legal. The general intermediary service fee shall be determined through consultation between the intermediary and the client, and shall be specified in the intermediary service contract.

How much is the loan agency fee legal?

Relevant laws and regulations

Contract law of the people's Republic of China

Article 424 An intermediary contract is a contract in which the intermediary reports to the client the opportunity to conclude a contract or provides media services for concluding a contract, and the client pays the remuneration.

Article 425 The trustee-trader shall truthfully report the matters related to the conclusion of the contract to the trustor.

Where a broker intentionally conceals important facts related to the conclusion of a contract or provides false information, which harms the interests of the client, he shall not demand a reminder and shall be liable for damages.

Article 426 After the broker facilitated the formation of the contract, the trustor shall pay the remuneration as agreed. If there is no agreement or unclear agreement on the remuneration of the broker, and it cannot be determined according to the provisions of Article 61 of this Law, it shall be determined reasonably according to the services of the broker. Where an intermediary provides media services for concluding a contract, the remuneration of the intermediary shall be borne equally by both parties to the contract.

If the broker facilitates the establishment of the contract, the expenses of the intermediary activities shall be borne by the broker.