People should pay attention to whether there is malicious collusion, fraud or damage to the debtor's rights and interests between the lender and the bridge. From the perspective of protecting the interests of creditors, we must be careful whether the money and interest can be recovered, such as the debtor abusing the loan and violating the agreement on the use of the loan. If the debtor breaches the contract, it shall demand timely repayment and require him to bear the liability for breach of contract. Then we must be careful, for example, the debtor abuses the loan and violates the agreement on the purpose of the loan. If the debtor breaches the contract, it shall demand timely repayment and require him to bear the liability for breach of contract.

legal ground

Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 2 When a lender files a lawsuit in a people's court, it shall provide creditor's rights certificates such as IOUs, receipts, IOUs and other evidence that can prove the existence of the legal relationship between lending and borrowing. Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases

Article 1 The term "private lending" as mentioned in these Provisions refers to the financing behavior among natural persons, legal persons and other organizations and among them.

These provisions shall not apply to financial institutions and their branches engaged in loan business established with the approval of the financial supervision department, as well as disputes arising from loans and other related financial businesses.

Article 26 If the interest rate agreed between the borrower and the lender does not exceed the annual interest rate of 24%, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it.

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The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. The people's court shall support the borrower's request to the lender to return the part of the interest paid that exceeds 36% per annum.

It is one of the behaviors of private lending for individuals to cross the bridge with funds. Whether it is illegal for individuals to use funds to cross the bridge mainly depends on whether the interest payment complies with the law.

Crossing the bridge itself is a short-term financing, with a term ranging from a few days to several months, and the longest is no more than half a year. It is a means of docking short-term funds with long-term funds, similar to the mismatch of funds in financial institutions (short-term funds invest in long-term projects).