Is it legal to borrow money on pleasant loan platform?

Don't listen to the nonsense downstairs. Let me help you calculate the service charge. This is already illegal. Article 200 of the loan contract in Chapter XII of the Contract Law: "The loan interest shall not be deducted from the principal in advance. If interest is deducted from the principal in advance, the loan shall be repaid according to the actual loan amount and interest shall be calculated. " According to this regulation, the interest deducted in advance shall not be included in the loan amount. Article 2 1 1 stipulates that 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. Download an interest calculator to know the annual interest rate.