According to the Interim Measures for the Management of Business Activities of Information Intermediaries in Person-to-Person Lending issued by the People's Bank of China, information intermediaries in person-to-person lending need to be registered according to law and approved by relevant regulatory authorities for the record. Wuhan Yindai Online Loan Company publicized its legal registration information in official website, including company name, registered capital and business scope. , the filing information can be found in the filing list of the People's Bank of China. Moreover, the company also provides relevant business contracts and loan agreements, which clarify the rights and responsibilities of both borrowers and borrowers. Therefore, Wuhan Yindai.com Loan Company is formal.