The annual interest rate of the loan is 43.2577%, which belongs to usury. Provisions on the upper limit of interest rate: According to the original provisions, the interest rate of the part where the interest rate agreed by the borrowers and lenders of private lending exceeds the annual interest rate of more than 36% is not protected by law; According to the new regulations in September 2020, the lending rate shall not exceed 4 times of the market interest rate LPR (1 3.85%, 4 times 15.4%, 4.65% and 4 times 18.6% in 5 years).