According to the general principles of People's Republic of China (PRC) loan:

Article 1 The purpose is to standardize the loan behavior, safeguard the legitimate rights and interests of both borrowers and lenders, ensure the safety of credit assets and improve the overall benefit of loan use. In order to promote the sustainable development of social economy, these General Rules are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China and the Law of People's Republic of China (PRC) Commercial Bank.

Article 3 The issuance and use of loans shall abide by the national laws, administrative regulations and administrative regulations issued by the People's Bank of China, and follow the principles of efficiency, safety and liquidity.

Article 62 If a lender issues a loan in violation of the relevant provisions on asset-liability ratio management, the People's Bank of China shall order it to make corrections and impose a fine in accordance with the provisions of Article 75 of the Law of People's Republic of China (PRC) Commercial Bank. If there is illegal income, the illegal income shall be confiscated, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of Article 76.

Article 69 If a borrower defrauds a loan, which constitutes a crime, he shall be fined and investigated for criminal responsibility in accordance with the provisions of Article 80 of the People's Republic of China (PRC) Commercial Bank Law.

Matters needing attention in extended information borrowing:

According to Article 13 of Chapter III of the General Principles of Loans in People's Republic of China (PRC), the lender shall determine the interest rate of each loan according to the upper and lower limits of the loan interest rate stipulated by the People's Bank of China, and specify it in the loan contract.

According to Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases, if the interest rate agreed by both borrowers and lenders does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it. The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid.