1. Beauty loan belongs to the plastic surgery industry, and the interest rate is 3*12=36 16/2=8%, which has exceeded the national regulation of 36%, and it belongs to usury.

2. Those with annual interest higher than 36% are usurers. Private lending is a civil act, which is bound and protected by civil law and contract law. However, according to Article 68 of the Civil Code: "If the loan contract between natural persons stipulates to pay interest, the interest rate of the loan shall not violate the relevant provisions of the state on restricting the interest rate of the loan". According to the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases, the lender has the right to request the borrower to pay interest at the agreed interest rate if the interest rate agreed by both parties does not exceed 24% per annum. However, if the interest rate agreed by the borrower and the borrower exceeds the annual interest rate of 36%, the interest exceeding the annual interest rate of 36% shall be deemed invalid.

3. Liren Loan is a credit loan product mainly aimed at women, which is mainly used for women to buy durable consumption, on-the-job study, home decoration, marriage, travel, etc., but it cannot be used for financial investment (including gold, futures, stocks, funds, bonds, foreign currencies, stamps, etc.). As long as the lender is a local woman aged 22-55 or a woman who has paid social security or provident fund records in a local unit for 6 months, and has a credit card with a limit of more than 1, yuan in her name, she can apply for a beauty loan. The maximum loan amount of Liren Loan is 12, yuan, and the loan period is 1-3 years.

4. the calculation formula of interest is: interest = principal x interest rate x deposit term.

: There are the following situations in interest rate calculation

First, the basic formula for calculating interest, savings deposit interest, is: interest = principal × deposit period × interest rate; Second, the conversion of interest rate, in which the conversion relationship among annual interest rate, monthly interest rate and daily interest rate is: annual interest rate = monthly interest rate ×12 (month) = daily interest rate ×36 (day); Monthly interest rate = annual interest rate ÷12 (month) = daily interest rate ×3 (days); Daily interest rate = annual interest rate ÷36 (days) = monthly interest rate ÷3 (days), in addition, the use of interest rates should be consistent with the deposit period;

thirdly, the starting point of interest calculation formula; :

1. The interest-bearing starting point of savings deposit is RMB yuan, and interest is not paid for cents below RMB yuan;

2. The interest amount shall be calculated to the decimal point, and the decimal point shall be rounded to the decimal point when actually paid;

3. Except for the annual settlement of current savings, the interest can be transferred to the principal, and all other savings deposits, regardless of the deposit period, will be paid off with the principal at the time of withdrawal, excluding compound interest;

fourthly, the calculation of the deposit period in the interest calculation formula; :

the calculation of the deposit period adopts the method of counting the head instead of the tail;

2. No matter the big month, the small month, the flat month and the leap month, every month is counted as 3 days, and the whole year is counted as 36 days;

3. The maturity date of all kinds of deposits is calculated from year to month to day. If the account opening date is the missing date of the maturity month, the last day of the maturity month will be the maturity date.