Description:

1. Financial regulators usually require borrowers and lenders and online lending platforms to abide by relevant laws and regulations to ensure the compliance of financial activities.

2. Multiple loans may involve the following violations:

A. The borrower may try to cheat the online lending platform or bypass its risk control measures to obtain more loan quotas.

B The same borrower borrows frequently in a short period of time, which may lead to capital chain problems and may not be able to repay on time, thus increasing the risk of the lender.

C. The online lending platform also needs to reasonably evaluate the borrower's credit status and repayment ability to reduce the risk of non-performing loans. Multiple loans may lead to distorted evaluation.

Summary:

Multiple loans of the same online loan in one day are considered illegal because it may involve fraud, risk concentration and lack of adequate risk assessment. Financial regulators aim to maintain the health and stability of the financial market and ensure the compliance and risk controllability of loan activities.

Extended data:

The online loan industry is regulated in China, and there are a series of regulations and guidelines to regulate its operation. For example, the CBRC issued the Interim Measures for the Management of Business Activities of Information Intermediaries in Personal-to-Personal Lending to regulate the operation and service behavior of online lending platforms. In addition, there are other relevant laws, regulations and guidelines, such as the Guidelines for the Deposit and Management of Peer-to-Peer Lending Funds. These laws and regulations aim at protecting the rights and interests of both borrowers and lenders, preventing financial risks and ensuring the healthy development of P2P loan industry.