1, three consecutive days and six consecutive days: "three consecutive days" refers to overdue repayment, and "six consecutive days" refers to accumulated overdue repayment.
Li: If someone tells you that the monthly interest rate is 8%, do you know what it means? In fact, Li is a common interest term in private lending. 1 yuan is 65,438+0,000 Li, so the loan interest rate of 8% means the monthly interest rate of 0.8%. If you borrow 1 0,000 yuan, the monthly interest will be 80 yuan.
3. White households and black households: White households refer to users who have never had credit business with financial institutions, and their credit reports are basically blank except personal information. Black households refer to super bad credit, such as records of three consecutive tired six, overdue for more than 90 days, bad debts, compensation, etc.
4. Equal principal and interest, average capital: Equal principal and interest means paying the same amount of principal and interest every month, and average capital means paying the same amount of principal every month, but the interest will be different, so the repayment amount will be different. Total interest is equal principal and interest > average capital.
5. Revolving line: Many lending institutions will give borrowers a fixed line, which can be borrowed and repaid at any time within a certain period of time, and the line can be restored immediately after repayment.
6. Multi-head loan: refers to the borrower applying for loans from multiple banks, financial institutions or private loan companies at the same time.
7. beheading interest: refers to the interest calculated by the institution according to the contract principal when the lender deducts a part from the principal in advance before lending, and the actual payment of the borrower is inconsistent with the contract loan amount.
This is what I need to know about the loan terms. I hope the answer helps.