Legal analysis: As long as the agreed interest rate does not exceed the annual interest rate of 24, the people's court will support it and it needs to be repaid.

Legal basis: "Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" Article 26 If the interest rate agreed upon by both parties does not exceed the annual interest rate 24, the lender requests the borrower to follow the agreed If interest is paid at an interest rate, the people's court shall support it. If the interest rate agreed between the borrower and the lender exceeds the annual interest rate of 36, the interest agreement for the excess portion is invalid. If the borrower requests the lender to return the interest that has been paid in excess of 36% of the annual interest rate, the People's Court shall support the request.