Legal analysis: not illegal. As long as bank staff do not use bank funds to lend usury and damage bank credit, it is not illegal for individuals to use their own funds to lend privately. Usury is just a kind of private lending, which is only the reason for high interest rate and compound interest calculation. There are some legal norms, most of which are organized loan behaviors. When some old people are unable to repay, they sometimes resort to violent collection, which leads to some social problems. Personally, it is not recommended to borrow usury. Although it can raise money, it will also cause great pain to some people.

Legal basis: Article 225 of the Criminal Law of People's Republic of China (PRC), in violation of state regulations, commits one of the following illegal business operations, disrupting market order, and if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and shall also be fined not less than one time but not more than five times his illegal income or confiscated of his property: (1) dealing in franchise, monopoly goods or other commodities with restricted business as stipulated by laws and administrative regulations without permission; (2) buying and selling import and export licenses, import and export certificates of origin and other business licenses or approval documents stipulated by laws and administrative regulations; (three) without the approval of the relevant competent departments of the state, illegally engaged in securities, futures, insurance business, or illegally engaged in fund payment and settlement business; Other illegal business activities that seriously disrupt the market order.