Received a text message and a thousand lawsuits.

Legal analysis: it may be fraud, and there is a platform to collect money. In order to scare you and make you pay back the money, they will send a so-called "lawyer's letter" or send a text message to the court to harass relatives and friends and accuse you of fraud, but this is basically false. Ignore it. The online lending platform will basically not take the initiative to sue users for "fraud". The comprehensive interest rate of online lending platform includes beheading interest, handling fee and service fee. Most of them are much higher than the red line of 24%, but they are still within the legal scope.

Legal basis: Article 680 of the Civil Code of People's Republic of China (PRC) prohibits high-interest lending, and the lending rate shall not violate the relevant provisions of the state.

"Several Opinions on the Trial of Lending Cases by People's Courts" Article 6 The interest rate of private lending may be appropriately higher than that of banks, but it shall not exceed four times the interest rate of similar loans of banks (including the principal interest rate). At the same time, the article stipulates: "If there is no agreement or unclear agreement on the payment of interest in the loan contract between natural persons, it shall be regarded as not paying interest." If there is no agreed interest on the loan between citizens, the lender has no right to charge interest.