As a form of Internet finance, online lending does not violate relevant laws and regulations. However, if you deliberately attract others to lend with high interest rates and use the funds for arbitrage or cheat others to lend, it constitutes a crime and should be investigated for corresponding criminal responsibility. According to Article 26 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 agreed interest rate exceeds 36% per annum, the borrower may require the lender to return the interest that has been collected and exceeded 36% per annum. The Notice of the People's Bank of China on Banning Underground Banks and Combating usury stipulates that the interest rate of private personal loans shall be determined by both borrowers and borrowers through consultation, but the interest rate determined through consultation between the two parties shall not exceed four times (excluding floating) the loan interest rate of financial institutions at the same period and at the same level announced by the People's Bank of China. Those who exceed the above standards should be defined as high-interest loans. Secondly, through the Notice of China People's Bank on Banning Underground Banks and Combating usury, usury is not only not protected by national laws, but also severely cracked down, which shows that it is illegal. Finally, there is no charge of usury in the criminal law, only the crime of illegally absorbing public deposits. However, those who violate the criminal law in the process of usury should be investigated for criminal responsibility according to law.