The calculation formula of loan interest is: interest = principal * interest rate * loan term. The benchmark interest rate for loans over one year is 4.35%.

If there is no special reason, if ordinary people want to borrow up to 300,000 yuan, I am afraid it is impossible for them to apply for a credit loan with their personal reputation. The actual loanable amount is probably around100000 at most.

If the borrower is in urgent need of 300,000 yuan, he can use his own assets as collateral and apply for mortgage loans at the bank, such as real estate and vehicles. The value of collateral is large, and the loanable amount will not be low. In addition, you can also find a reputable third party to guarantee your loan, which will also help to increase the approval amount.