It's harder to get a loan without a mortgage. The annual interest rate of the loan for one year is 5.6%, that is, about 0.47% per month. Some bank loans can be repaid in one lump sum, but the interest must be repaid every month. Moreover, in this case, the interest is higher, which may reach 0.6% or 0.7% per month, so it is 0.65%X50000=325, and the principal must be repaid in the last month. Actual 325X 12=390050000=53900.
2. What procedures do I need to go to the bank after repayment?
As long as you are working or starting a company, as long as you have worked in your current work unit for half a year, as long as you have registered for one year and have a record of arrears, you can apply for Shanghai unsecured.
Bank unsecured personal loan application conditions:
1, and China state.
2. The age is 20-55 years old.
3. Yes ...
3. Which bank loan is better? I want to pay it off in the next year. What do you need? ...
Yes, don't worry.
I hope I can help you. If your problem is solved, please adopt it. Thank you.
4. A bank that can pay back once a year?
The loan term of short-term credit loans and secured loans of banks is one year. Individuals pay interest quarterly, while companies pay interest monthly and repay loans when due.
Short-term bank credit loans, according to the credit rating of individuals or companies, are of high quality and can be issued without mortgage, which is more common.
Bank short-term secured loan is a loan that is guaranteed by a third party to repay the principal and interest of the loan at maturity without mortgage.