Hello, lawyer Li, I borrowed it in stages from Dafeiyun last year and had an accident three months later. It just happened that there was a turnaround in these two months, because my installment was o

Hello, lawyer Li, I borrowed it in stages from Dafeiyun last year and had an accident three months later. It just happened that there was a turnaround in these two months, because my installment was overdue today. Q: Hello, Mr. Li, I got an installment loan from Dafeiyun last year. Three months later, I had an accident. I just turned around these two months. Today, because I was overdue, I received a message from a lawyer who claimed to be a loan lawyer of Dafeiyun, saying that I was sued. They charged me more than 3 thousand privately before, and my principal has been paid off. Now they want me to pay back the principal plus interest, saying that the fees collected privately before are not counted, and the principal plus interest must be paid back. I want to ask, in this case, do I need to pay back the money? I checked Baidu and WeChat official account Dafeiyun's loan companies, all of which have higher interest rates. This is a company that deceives people. Now I receive such a lawyer's letter or something. What should I do?

A: The Scout Law Online Consultation will answer your question.

The loan interest can be determined by both parties through consultation. The annual interest rate protected by law is 24%, and the interest rate agreed by both parties does not exceed 24%. If 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.