Legal analysis: the loan intermediation contract is not illegal. An intermediary contract is a contract in which the intermediary reports the opportunity to conclude a contract to the client or provides media services for concluding a contract, and the client pays the remuneration. Loan intermediation contract is a form of intermediation contract and a way to provide intermediary services to customers.
Legal basis: Article 465 of the Civil Code of People's Republic of China (PRC). Contracts established according to law are protected by law. A legally established contract is legally binding only on the parties, except as otherwise provided by law.