CreditEase is divided by the registered capital of the employer, that is, if the registered capital of the employer is more than 654.38+million yuan, the monthly interest rate of the loan is 654.38+0.42%, and the annual interest rate is 654.38+07.04%, while the registered capital of the employer is less than 654.38+million yuan, the borrower needs to pay the monthly interest rate of 2.34% and the annual interest rate of 28%.

According to China's laws, the maximum interest rate of private lending shall not exceed 4 times the interest rate of similar loans of banks. If this limit is exceeded, the excess interest will not be protected. Based on the current benchmark interest rate of 6.56% for one-year loans, the interest rate of CreditEase's 28.08% is more than four times the benchmark interest rate 1.84 percentage points.