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Share with you the application conditions for rich flowers: the application conditions for rich flowers are mainly divided into two parts: age requirements and information requirements. 1. Age requirement: 18-55 years old. Special note: if you have money to spend, you refuse to provide college students with consumer installment loans. If you are a college student, please give up the application. Information requirements: You need to provide your second-generation ID card and your debit card during the application process. Note: the application only supports debit cards, and the application card is also your loan bank card. My identity information needs to be the second-generation ID card information, and cannot be processed with temporary id card, expired ID cards or first-generation ID cards. After meeting the above conditions, you can apply for a loan. Download Qianhua App, enter the loan entrance, and click View my quota → Fill in the information → Confirm the information → Get the quota. The maximum amount is 200,000.
When users apply for loans, they will encounter loan products with different repayment methods. Because interest rates are often expressed in different ways, such as the daily interest rate of five ten thousandths, the monthly interest rate of 1% and so on, it is difficult to compare which product is more economical. The price comparison artifact introduced by the rich can help us solve this problem. By comparison, we can intuitively understand the interest and expense details of the compared products, which helps us to make decisions.
This answer is provided by Youhuahua, please borrow it reasonably according to your needs. Specific product-related information is subject to the actual page of Youhuahua official APP. I hope this answer is helpful to you. Click on the bottom of the phone to measure immediately! The maximum loanable amount is 200,000.
2. What are the repayment methods of bank loans?
What are the two repayment methods of average capital and equal principal and interest of bank loans? The average capital repays the same amount of principal and interest generated by the remaining loans every month. Average capital includes part of the principal and interest payable in the current period.
Characteristics of average capital repayment
Average capital repayment method is a very simple and practical repayment method. The basic algorithm principle is to pay off the outstanding principal repayment and quarterly repayment on schedule and at the same time during the repayment period. Due to the requirements of bank interest settlement practice, quarterly repayment (such as
For example, in the same year of bank 15, if you choose to repay the same amount of principal, you need to repay the bank principal of 9 18 yuan every month, totaling 2,200 yuan in the first month. Then the principal will be repaid every month, and the interest will gradually decrease with the repayment of the principal.
Advantages of equal principal and interest
The monthly repayment amount is equal to the capital expenditure of each period. Because the repayment amount is equally divided and the repayment pressure is equally divided, it is especially suitable for people with low previous income, great economic pressure and heavy monthly repayment burden.
Disadvantages of equal principal and interest
In the repayment amount of each installment, the interest in the early period accounts for a relatively large proportion, and the proportion of principal repayment in the later period gradually increases. Generally speaking, the total interest expense is the highest among all repayment methods.
Three, how many forms of loans?
There are two kinds in common use.
The first type: equal principal and interest
That is, if the interest rate remains unchanged, the monthly repayment amount remains unchanged.
The second type: average capital.
Repay average capital every month, and the monthly interest is the interest of the principal of last month within one month. It is easy to know that with the gradual reduction of outstanding principal, the monthly interest will gradually decrease. The total interest generated by this repayment method is the least among all repayment methods, but the early repayment is more and the pressure is greater.
There is also a short-term one.
The third method: repay the principal and interest in one lump sum at maturity.
That is, the lender pays off all the principal and interest on the loan maturity date. This method is only applicable to loans with a loan term of less than one year (including one year).
There are also two kinds that are not well known (basically no one knows, only banks know O(∩_∩)O).
The fourth method: equal ratio progressive repayment method
That is, the repayment amount of each installment of the lender increases geometrically, such as the first installment of X yuan, the second installment of kx yuan, the third installment of k2x yuan, and so on. This method is suitable for choosing lenders with increasing expected income in the future, which can reduce the trouble of prepayment.
Fifth: equal progressive repayment method
Similar to the fourth type, that is, a fixed amount of money is paid more every month than last month.