Joke Collection Website - Blessing messages - I reported 360 IOUs to the CBRC.

I reported 360 IOUs to the CBRC.

Legal analysis:

If the 360 loan is illegal online loan, the people's court shall support it and hold a hearing. If the 360 loan is a normal and legal online loan, it is not illegal, and the CBRC or the people's court will inform the parties that it does not constitute a crime.

Legal basis:

Article 26 of the Supreme People's Court's Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases: If the interest rate agreed by both borrowers and lenders does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court 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. 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.