Is it legal to stage formal online loans?

That is to say, there are regular online loans that are legal in installments.

Instant installment is a consumer finance brand under Shenzhen Qianhai Dafei Financial Services Co., Ltd. The company is registered in Shenzhen Municipal Market Supervision Administration, and its business scope includes economic information consultation, online trading and online products. If the borrower fails to repay the arrears, he has the right to file a lawsuit by stages, and the court will accept it. After the court wins the case, he will apply to the court for enforcement if he fails to perform the court's judgment within the performance period. However, it should be noted that the state stipulates that the interest shall not exceed 36%, which is not protected by some laws.