Loan training, if both parties voluntarily, is legal, but if the loan platform itself is risky and the interest rate is high, it is usury and illegal. Training loan generally means that training institutions cooperate with P2P peer-to-peer lending institutions to lend money to students, and the students repay in installments. Nowadays, recruitment companies (actually training institutions) often use recruitment websites to train job seekers in the form of recruitment. The brief process of training loan is that the company generally requires the candidates to carry out pre-job training on the grounds that their ability is not up to standard, resulting in tens of thousands of training fees (plus high interest), and then repays them in installments through the loan software. However, after the training, they will not join the job, but ask the candidates to find another job. This kind of people are mainly college graduates and career changers.

Nowadays, recruitment companies (actually training institutions) often use recruitment websites to train job seekers in the form of recruitment. If the loan interest rate conforms to the law, the conclusion is legal and there is no fraud, it is generally legal. But I suggest you be vigilant.

Legal basis:

Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases

Article 25

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 4 times the market quotation of one-year loan at the time of the establishment of the contract.