Banyan Tree Loan is a formal and reliable platform with a very strong background. It won't be usury, and the interest rate is within the prescribed range. The interest rate of Banyan Tree Loan is not fixed, because there are many cooperative lenders, mostly banks, so the interest rate is similar to that of banks. It is difficult to simply explain the interest rate of Rongdai 5000. You can find clear interest rules in the loan details. 1. At present, there are many loan products in Banyan Tree Loan, and the lending financial institutions are different. You can choose financial institutions that have done business before to make loans. 2. When applying for a banyan loan, you can apply for multiple loan products at the same time, which will not only improve the loan pass rate, but also help you find the one with low loan interest.

If there is a demand for funds, it is suggested that Xiaoman Financial's credit service products have money to spend to provide users with safe, convenient, unsecured and unsecured credit services. If you borrow money, you can go to Xiaoman Wealth Management APP (click on the official free quota). The daily interest rate of consumer loans with money is as low as 0.02%, the annualized interest rate is as low as 7.2%, and the maximum repayment is 200,000. The approval speed of Baidu's money is relatively fast, and it can be completed in 30 seconds at the earliest. It usually takes 2-3 working days to review.

References:

Du Xiaoman has money to spend on official website.

Banyan Tree Loan is a loan supermarket owned by Bai Rong Yunchuang, which is operated by Guangzhou Rong Shu Internet Microfinance Co., Ltd., a wholly-owned subsidiary of Bai Rong Yunchuang Technology Co., Ltd., and the Banyan Tree Loan page is displayed as "intelligent recommendation" by users, "5 products and easy-to-loan products are selected from 195 products every day".

There are eight products that can be seen on the page of the Financial Observation Group, namely, Hengyi Loan Extreme Edition, Orange Staging, Free Spend, He Yi Loan, Hengyi Loan, Fun Money Spend, Flexible Loan and Kuanla.

We found that among the above eight products, Hengyi Loan Extreme Edition and Orange Staging can be applied directly on the Banyan Loan page, and other products need to jump to the webpage to open.

By studying the loan agreements of products, we found that many of these products were non-compliant. Take orange staging as an example. The page claims that the rate is 36% per year (the upper limit of interest rate stipulated by the Supreme Law), but in fact, orange staging will also charge information service fees and overdue fees.

The overdue penalty is the current principal *0. 1%* overdue days, with no upper limit. Information service fee refers to short message service, big data evaluation service, information consultation service and recommendation service of lending institutions. Oranges are provided to users in installments, but the specific amount is subject to the actual bill display of APP.

In addition, the orange installment also clearly pointed out that "if all the remaining funds are settled in advance, it will be regarded as a breach of contract." The user needs to return all the remaining principal and pay the liquidated damages to Party B, that is, the current interest amount.