1. liren loan belongs to the plastic surgery industry, with a high interest rate, 3000 *12 = 3600016000/20000 = 80%, which has exceeded 36% stipulated by the state and belongs to usury.

2. It is usury that the annual interest rate is higher than 36%. Private lending is a civil act, which is bound and protected by civil law and contract law. However, according to Article 680 of the Civil Code: "If the loan contract between natural persons stipulates to pay interest, the loan interest rate shall not violate the relevant provisions of the state on limiting the loan interest rate". 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, if the annual interest rate agreed by both parties does not exceed 24%, the lender has the right to require the borrower to pay interest at the agreed interest rate. However, if the interest rate agreed between 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 launched by Shanghai Weixin Wealth Management. Mainly used for women to buy durable consumption, on-the-job study, home decoration, marriage, tourism and so on. , but not for financial investment (including gold, futures, stocks, funds, bonds, foreign currency, 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 in a local unit for 6 months, and has a credit card in her name with a limit exceeding 10000 yuan, she can apply for a beauty loan. The maximum loan amount of Liren Loan is 6.5438+0.2 million yuan, and the loan period is 654.38+0-3 years.

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

: interest rate calculation has the following situations.

1. The basic formula for calculating interest on savings deposits is: interest = principal × deposit period × interest rate; The second is 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 ×360 (day); Monthly interest rate = annual interest rate ÷ 12 (month) = daily interest rate ×30 (days); Daily interest rate = annual interest rate ÷360 (days) = monthly interest rate ÷30 (days). In addition, the use of interest rates should be consistent with the deposit term;

Third, the starting point of the interest calculation formula; ：

1. The starting point of interest for savings deposits is RMB, and no interest is paid for those below RMB;

2. The interest amount shall be calculated to one decimal place and rounded to one decimal place when actually paid;

3. All savings deposits, regardless of the deposit period, are paid with the principal at the time of withdrawal, excluding compound interest, except that the current savings are settled annually and the interest can be converted into the principal;

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

When calculating the deposit period, count the heads instead of the tails;

2, regardless of the big month, small month, flat month, leap month, every month is calculated as 30 days, and the whole year is calculated as 360 days;

3. The maturity date of all kinds of deposits shall be calculated on an annual and monthly basis. If the account opening date is the missing date of the expiration month, the expiration date should be the last day of the expiration month.