Legal basis: Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 28 After the principal and interest of the previous loan are settled, both borrowers and lenders will include the interest in the principal of the latter loan, and re-issue the creditor's rights certificate. If the interest rate of the previous loan does not exceed the annual interest rate of 24%, the amount stated in the re-issued creditor's rights certificate can be regarded as the interest of the principal of the latter loan and cannot be included in the principal of the latter loan. If the agreed interest rate exceeds the annual interest rate of 24%, and the parties claim that the excess interest cannot be included in the later loan principal, the people's court shall support it. According to the calculation in the preceding paragraph, the sum of the principal and interest payable by the borrower after the expiration of the loan term cannot exceed the sum of the initial loan principal and the interest of the whole loan term calculated at the annual interest rate of 24% based on the initial loan principal. If the lender requests the borrower to pay the excess, the people's court will not support it.