Products that are difficult to borrow are more and more innovative, which is close to the actual needs of borrowers. Speaking of loans, I think everyone will naturally think of a lovely word. Loans can be used not only to pay off credit cards, but also for college students to use cash loans. Loans can also be applied in stages, including training stage, renting stage, consumption stage and home improvement stage. How much is the loan interest and how is the handling fee calculated?

(1) What is the loan interest?

Interest will vary according to the borrower's credit rating and the number of installments, and the expected annualized interest rate of monthly payment is between. To put it simply, the borrower borrows 5,000 yuan in six installments, and after deducting the handling fee, he actually gets 4,750 yuan, and each installment repays 870-888 yuan.

(2) What is the loan fee?

The loan handling fee is 5% of the borrower's total loan.

(3) What are the requirements for college students to borrow in cash?

The borrower must be a college student, both undergraduate and junior college students.

(4) What are the open cities for college students to borrow cash?

Momo only opened schools in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin, Jinan, Hangzhou, Qingdao, Fuzhou, Xiamen, Zhengzhou, Chongqing, Nanjing, Harbin, Shenyang, Dalian, Hefei, Wuhan, Changsha, Nanchang, Xi 'an and Chengdu.