The interest rate of bank loans, especially the interest rate of state-owned big banks, is indeed the lowest financing cost in the current market, such as the common e-loan of China Bank and the fast loan of China Construction Bank. The loan interest rates of 5% and 6% are everywhere, and it is almost invisible beyond 10%. It can be said that this interest rate is extremely attractive.
Borrowing interest rate
In fact, borrowing money belongs to the formal online loan army. Although the overall interest rate of borrowing money will be higher than that of banks, it is more conscience than those informal online loans. The current lending rate is between 1.5 and 6/10000 (that is, 5.475%-2 1.9%), and the interest rate of most loans is between 3/10000 and 5/10000 (10.95%-60.95%). In today's society, borrowing money is not an easy task, so it can be said that borrowing this interest rate is a conscience. After all, it has solved the embarrassment of many people's temporary capital needs.
Why did you choose a loan instead of a bank?
Everyone knows that banks are the most formal channel and the place with the lowest interest rate, but they all choose loans. Is it because they don't like too much money? No, but many people can't meet the access standards of banks. Although the bank's loan interest rate is very low, the bank has high requirements for customers. On the one hand, the bank itself is not short of customers, on the other hand, it is determined by the bank's own internal control system. In fact, if you can borrow money from the bank, we believe that no one wants to use these online loans, which is basically the second best choice.
Of course, there are two other special reasons: (1) First, the procedures of bank lending are relatively more troublesome than borrowing money. Some people borrow a small amount of money. Although the interest rate is poor, it is not much different in a year, so for simplicity, they choose to borrow money directly. (2) Second, many people don't know that banks also have credit products, such as Bank of China E-loan, ICBC E-loan, CCB Express Loan, CITIC Xinjinbao, China Merchants Bank Flash Loan, Industrial Bank Flash Loan, Shanghai Pudong Development Bank Point Loan and Ping An New Loan. How many people know?
abstract
In fact, there is no need to mention banks, that is, borrowing. There are still many people who haven't opened it. Unlike those informal online loans, loans still have certain approval authority. If you have poor conditions, then don't borrow money. Even if it is opened, the amount is generally low, so some loans are still good. However, although it is more convenient to borrow money, we should do what we can and not spend too much. When we have no money to repay, we have to ask what to do.