Lìlǜ chāoguò sì bèi LPR kěnéng bèi rèndìng wéi fēifǎ fàngdài.
An interest rate over four times the LPR may be deemed illegal lending.
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Chinese courts won't enforce private loans whose annualized rate exceeds four times the LPR (loan prime rate) — the 'judicial protection ceiling' set in 2020. Anything above is usury and may trigger criminal liability for illegal operation of a financial business.
