Legal analysis: mainly depends on whether the annual interest rate is within 36%. Ask a professional to calculate. More than 36% is illegal. Recently, Senior Two and Senior Two have issued policies to punish p2p and usury. Lending loans at an annual interest rate of more than 36% without approval, and meeting the conditions of loan amount and loan times, shall be handled as a criminal case.

Legal basis: Article 266 of the Criminal Law of People's Republic of China (PRC) 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.