Current location - Loan Platform Complete Network - Loan consultation - Is it legal to borrow money from Banzhan.com?
Is it legal to borrow money from Banzhan.com?
Legal analysis: Inn online loan is an online loan platform, which can provide loans to users with loan needs. On this platform, ordinary loans can be provided, including loans for students. The platform will use some training institutions to collect students' tuition fees, induce students to use the online loan of the inn to pay tuition fees, and collect a lot of interest from them. Inn online lending is an illegal lending platform, which is not on the national credit information system. In fact, this platform belongs to usury. If a user finds himself cheated, he can call the police locally to recover losses and safeguard rights and interests.

Legal basis: Article 266 of the Criminal Law defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.