On this point of economic lending, we can refer to several crimes in the criminal law.

1, credit card fraud

2. Fraud

3. Loan fraud

That is to say, in China, banks are financial institutions, not the main body of general private lending, so the applicable laws cannot be bound by the relevant provisions of private lending.

The criminal law distinguishes financial institutions from general private lending subjects, that is, financial institutions are independent of general private lending.

In China, private lending is a general civil dispute, while specialized private lending institutions are actually in the gap between legal permission and prohibition (there have been precedents in which private usury was finally sentenced for disturbing the financial order). China's financial industry has always been in a state monopoly position. Even with a slight relaxation in recent years, the relevant financial institutions are limited to a few foreign investors and local banks. Private financial institutions have not been recognized by law in China, and there is no special law to protect the legitimate rights and interests of private financial companies.

So don't worry about this. China's financial industry does not belong to the general category of private lending, but belongs to financial lending. In this way, the Supreme People's Court's "Several Opinions on People's Courts' Trial of Lending Cases" prohibits the calculation of double interest, mainly for private lending. Since financial lending is independent of private lending, don't expect to say anything.

Suggestion: No, try not to use credit cards.