What if the online loan accuses me of malicious fraud?

No matter how many online lending platforms you borrow, you must first be calm. Find out what is the formal credit information collected at the meeting, as long as the annual interest rate does not exceed 36%, it is protected by law, and these must be returned. If you have no money for the time being, you can negotiate with the online lending platform for a repayment method that is recognized by both parties. For those illegal usury platforms, most of the interest is illegal, the borrower can refuse to repay, and the law will not recognize and protect such platforms.

The Supreme People's Court's Opinions on the People's Court's Trial of Lending Cases

Article 10 A loan relationship formed by one party against its true meaning by means of fraud, coercion or taking advantage of others' danger shall be deemed invalid.

Article 11 The lender knows that the borrower borrows money to engage in illegal activities, and its lending relationship is not protected.

Thirteenth in the loan relationship, the person who only plays the role of contact and introduction does not bear the guarantee responsibility. If there is a real intention to guarantee the performance of the debt, it shall be recognized as a guarantor and bear the guarantee responsibility.