The service fee not exceeding a reasonable range is legal. If it is simply a direct bank loan, there is no service charge;

1. The expenses that the lender needs to bear when handling the loan are as follows: 1. Handling fee. At present, some banks will attract customers' attention through interest-free lending, but in fact they charge interest by charging fees; 2. Interest expense. The amount of interest expense depends on the bank selected by the lender or the personal loan conditions of the lender. Different banks charge different loan fees. If the lender has good conditions, the loan interest charged is relatively low. 3. liquidated damages. When an individual signs a loan contract with a bank, if he fails to repay the loan on time as agreed in the contract, the bank has the right to collect liquidated damages by signing the amount agreed in the contract.

Second, the risk of online lending is 1. The virtual nature of online transactions makes it impossible to authenticate the credit status of both borrowers and borrowers, and it is prone to fraud and default. 2. A lot of lender information published on the Internet platform is in the name of "loan company" and "financing company". In fact, financial institutions must be approved by the state to engage in financial services such as credit financing. Those who engage in financial activities without authorization are often punished for "illegal fund-raising", "illegal absorption of public deposits" and disturbing the order of financial management. 3. If loans are issued on behalf of the network platform, if the network platform neglects self-discipline, or the internal control procedures fail, or are used by others, there may be cases of fabricating loan information and illegally raising funds.

Third, beware of the scam 1. The company name is relatively large, so the so-called "Chengxin Group", "xx Loan Group" and "xx Loan Group Company" simply cannot exist, and it is impossible for the industrial and commercial departments to allow the registration of such company names. 2. Some will pretend to be banks or well-known companies, but they don't have an office address and can't provide real company business licenses and personal ID cards. 3. Advertising information generally only provides mobile phone number and contact person. Through the mobile phone number query, we can see that publishers are concentrated in a few provinces in China. 4. The loan terms are easy, and there is no need for mortgage and income check. Basically, you can get a loan with your ID card. 5. When the borrower is tempted, the liar will ask for the fee first for various reasons, such as "interest, lawyer's fee, verification fee, insurance premium, handling fee, deposit" and so on.

6. When the borrower pays first, it is found that the liar's mobile phone can no longer be dialed, and even some borrowers are cheated without knowing the other company, personal name and ID card, or even knowing where the other party is.

Is it legal for a loan company to charge a service fee?

Legal.

Loan service fee refers to the fee charged when handling loan business, which is generally charged by banks, and the charging standard depends on local conditions. The loan service fee is generally charged by the bank, but it is also charged by a third party that helps the loan business.

Loan service fees and charging standards depend on local conditions. You don't have to pay this fee to apply for a provident fund loan, but you only need to pay a guarantee fee (three thousandths of the loan amount, with a minimum of 300) and a house evaluation fee (three thousandths of the evaluation value, with a minimum of 300 and a maximum of 1500).

Extended data:

According to the Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases:

Article 26 If the interest rate agreed between the borrower and the borrower 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 shall support it.

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. If the borrower requests the lender to return the interest paid in excess of 36% per annum, the people shall support it.

Article 27. The loan amount specified in debt certificates such as IOUs, receipts and IOUs is generally recognized as the principal. If interest is deducted from the principal in advance, the actual amount lent shall be the principal.

Twenty-ninth borrowers and lenders have agreed on overdue interest rates, which shall be implemented in accordance with the agreement, but the annual interest rate shall not exceed 24%.

If the overdue interest rate is not agreed or clearly agreed, the people can deal with it according to different situations:

(1) The people should support the lender's claim that the borrower should pay the interest during the period of capital occupation at the annual interest rate of 6% from the date of overdue repayment, because there is no agreed interest rate during the loan period and no agreed overdue interest rate;

(2) If the interest rate during the loan period is agreed, but the overdue interest rate is not agreed, and the lender advocates that the borrower should pay the interest during the period of capital occupation according to the interest rate during the loan period from the date of overdue repayment, the people should support it.

Article 30 The lender and the borrower have agreed on overdue interest rate, liquidated damages or other expenses. The lender may choose to claim overdue interest, liquidated damages or other expenses, or both, but the people will not support the part that exceeds 24% of the annual interest rate.

Article 31 If the borrower pays the interest voluntarily or pays the interest or liquidated damages at a rate exceeding the agreed interest rate, it will not harm the interests of the state, the collective and the third party. If the borrower requests the lender to return the interest on the grounds of unjust enrichment, the people will not support it, except that the borrower requests to return the interest exceeding 36% of the annual interest rate.

Article 32 The borrower may repay the loan in advance, unless otherwise agreed by the parties.

If the borrower repays the loan in advance and advocates calculating the interest according to the actual loan period, the people should support it.