When a training institution is defrauded of a loan, it can first try to negotiate with the other party and ask for the termination of the loan contract. If mutual consultation fails and the loan amount is relatively large, you can call the police directly, because the behavior of the training institution has constituted fraud. How to solve the problem of training institutions being defrauded of loans, the following is Bian Xiao's detailed answer.

First, how to solve the problem of training institutions being defrauded of loans?

1. First of all, it can be settled through consultation with the operators of training institutions. If negotiation fails, the injured party may request the local consumer association for mediation, or complain to the relevant local administrative departments or education departments.

2. If the situation is serious and the amount of fraud is large, you can also report the case to the public security organ or bring a lawsuit directly to the court. No matter how much money you are cheated, you should first keep the evidence of fraud and protect your legitimate rights and interests, such as communication records, chat records, transfer or remittance records.

3. Legal basis:

Article 266 of the Criminal Law stipulates that whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.

2. Is there any legal provision for training loan interest?

Article 25 of 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 lender requests the borrower to pay interest at the interest rate agreed in the contract, the people's court shall support it, except that the interest rate agreed by both parties exceeds four times the market quotation of one-year loan at the time of the establishment of the contract. The "one-year loan market quotation" mentioned in the preceding paragraph refers to the one-year loan market quotation issued monthly by the National Interbank Funding Center authorized by the People's Bank of China from August 20th, 20th, 20th19th.

For example, on April 20, 2022, the annual interest rate of private lending 1 year LPR cannot exceed about four ten thousandths of the conversion date interest rate. Therefore, many students (job seekers) are attracted by the contract or the "daily interest rate is as low as four ten thousandths" on the publicity page of the loan institution, and have not calculated the real annual interest rate (it is not until the repayment that the interest and liquidated damages are surprisingly high).