The usurious loan has been repaid for a period, and now I want to repay it all at once. Can I just repay the principal? The usury has been repaid for a period, and now we want to repay it all at once. Is it OK to repay only the principal. Interest required by law. Protect legal borrowing interest according to law. The people's court should protect the legitimate interest of lending and borrowing according to law and curb the tendency of usury according to law when trying private lending disputes. However, according to Article 211 of the Contract Law, "if the loan contract between natural persons stipulates the payment of interest, the interest rate of the loan shall not violate the relevant provisions of the state on limiting the interest rate of the loan". According to the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases, if the interest rate agreed by both parties does not exceed 24% of the annual interest rate, the lender has the right to request the borrower to pay interest at the agreed interest rate; However, if the interest rate agreed by both parties exceeds 36% of the annual interest rate, the interest rate exceeding 36% of the annual interest rate shall be deemed invalid. Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases, if the interest rate agreed by the lender and the lender does not exceed 24% of the annual interest rate, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it. The interest rate agreed by the borrower and the borrower exceeds the annual interest rate by 36%, and the interest agreement for the excess part is invalid. The people's court shall support the borrower's request for the lender to return the interest paid in excess of 36% of the annual interest rate. Therefore, it is not allowed for usury to only repay the principal but not the interest. The interest in the relevant national standards still needs to be repaid. However, usury is very complicated, and it is better not to borrow in the gray area. Do you understand this explanation?
