Users who want to apply to the bank to reduce the loan interest rate should do the following:

First, improve the comprehensive credit qualification conditions.

When a user applies for a loan, the bank will review the user's comprehensive credit qualification. The better the comprehensive credit qualification, the lower the loan interest rate given by the bank. Therefore, if you want to apply to the bank to reduce the loan interest rate, a good personal credit qualification is essential. The following methods can help users improve their comprehensive credit qualifications:

1, keep good credit.

Users need to keep a good credit record for a long time, and there can be no bad credit record and illegal record in the credit report. When bad credit records are added to the credit report, users must pay off overdue debts in time, so that overdue records will be deleted as soon as possible. Users can effectively improve their comprehensive credit score by accumulating a large number of good credit records.

2. Reduce the debt ratio

When the user's debt ratio is too high, the bank will think that the user has a greater loans overdue risk, thus reducing the comprehensive credit score given to the user. Users can pay off some debts in advance, control the personal debt ratio below 50%, and reduce the debt ratio if they have the ability. The lower the debt ratio, the higher the comprehensive credit score users can get.

3. Improve repayment ability

When auditing users, banks will focus on the repayment ability of users, because the higher the repayment ability, the smaller the overdue risk. Users can improve their repayment ability by increasing their monthly income and providing other financial certificates (such as real estate license, automobile title certificate, time deposit, high insurance policy, etc.). The higher the bank's recognition of users' repayment ability, the lower the loan interest rate will be.

4. Apply for the appropriate loan amount and term.

When users apply for bank loans, the appropriate loan amount and the appropriate loan period are very important. The higher the loan amount and the longer the loan term, the higher the bank's requirements for users. Users apply for a lower loan amount and a shorter loan period. In this case, generally qualified users are likely to get lower loan interest rates.

5. Apply for mortgage loan from the bank and provide collateral.

Users can apply for mortgage loans directly, and mortgage loans usually need to provide collateral that meets the mortgage requirements. With collateral, after loans overdue, banks can recover their debts by disposing of collateral. Therefore, with the collateral, the risk that the bank card will not recover the arrears will be much reduced, so that the mortgage loan can get a lower loan interest rate.

6. Choose whether to apply for a loan at the beginning of the month or at the beginning of the year.

Did the bank loan interest rate drop in 2022?

In 2022, the interest rate of bank loans fell. The People's Bank of China authorized the National Interbank Funding Center to announce that the quoted interest rate (LPR) of the loan market on August 22, 2022 was: 1 year, 3.65%, and 5 years and above, 4.3%. The above LPR is valid until the next LPR version. After adjustment, the original 1 year LPR decreased from 3.7% to 3.65%, and the highest interest rate of private lending was four times that of LPR, that is, the highest annual interest rate decreased from 14.8% to 14.6%.

Why did the bank loan interest rate drop this year?

Economic downturn and loose monetary policy are the main reasons for the decline in bank loan interest rates. With the economic downturn, the risks of banks are high. In order to attract customers, reduce the loan interest rate to promote economic growth. In addition, loose monetary policy also has a great impact on the bank's loan interest rate, which will lead to a decline in the bank's loan interest rate.

What are the benefits of lowering the interest rate of bank loans to lenders? Is there any way to shorten the loan period?

The reduction of bank loan interest rate is beneficial to lenders, which in itself can reduce the debt burden of lenders. Compared with the interest paid when the interest rate was high before, it will be much lower at this time. If you want to shorten the loan life, you need to increase the amount of interest and monthly principal when the principal and interest are calculated in place, so that you can pay back the money in a short time.

If the bank loan interest rate is lowered, the lender can pay less interest.

When the bank's loan interest rate is lowered, to a certain extent, the number of people deposited in the bank will decrease, but for lenders, the reduction of interest means that the interest will also decrease accordingly, especially for borrowers who buy houses. At the same time, because the calculation of interest fluctuates with the interest rate, when the interest rate falls, it means that the part of interest that needs to be returned will be reduced, which is good news for lenders.

The reduction in loan interest rate shows that money is loose.

When the bank's loan interest rate is reduced, it can reduce the financial burden of borrowers to a certain extent, and it is also more conducive to the operation of banks, which is a steady improvement in the quality of bank assets. Especially some enterprises, in the case of high debt, the interest rate itself was crushed to death, and the interest rate suddenly fell. At this time, it is a sigh of relief for the enterprise, which can help the enterprise's funds return to blood, let the enterprise have more funds to operate the enterprise, and let the enterprise survive.

The reduction of loan interest rate can improve the asset quality of banks.

When the bank's loan interest rate drops, it proves that the money in this market is loose. The purpose of this trip is to promote the economic growth of the market. Although it will not bring great growth in essence, it will also be improved to varying degrees. This is because economic policies are pushing the market to pick up, and the quality of bank assets will also be improved to a certain extent.

At this time, for the lender, the credit cost will be greatly increased after the quality of bank assets is improved, and the lender itself will not have credit risk in the loan, which is good as a whole.

Shorten the repayment period and appropriately increase the monthly repayment amount.

In order to reduce the repayment period, the monthly repayment amount can be appropriately increased, especially for lenders, who can first calculate their own funds and loan amount, and then calculate the interest to be repaid according to the number of years. When calculating the total amount, in order to shorten the repayment period, we can go to Xi 'an to repay a large amount of principal at this time, and then increase the repayment amount and interest on a monthly basis, which can shorten the repayment period and make our interest less.

In short, the reduction of the bank's loan interest rate can improve the quality of its assets, which is also beneficial to enterprises and lenders. The interest returned is less, and there is enough cash flow on hand to invest. In order to shorten the repayment period, the lender can increase the monthly repayment amount. After shortening the repayment period, the corresponding interest can be reduced.

What does it mean to lower the mortgage interest rate?

The reduction of mortgage interest rate is actually the reduction of interest rate. When applying for a loan, you can lower your loan interest rate, and the main purpose of lowering the mortgage interest rate is to encourage investment behavior, but this does not mean that the currency circulation will increase.

For people who buy a house, it is really a good thing to lower the mortgage interest rate, because it can save a lot of housing costs when buying a house. Of course, on the other hand, it also shows that the bank's loan funds are more sufficient, and the threshold of the vocal cords will be lower when buying a house.

However, it should be noted that although banks have relaxed in all aspects when handling loans, they still have high qualification requirements for applicants when applying for loans.

If the applicant's qualification is not up to standard when applying for a loan, you can wait for a period of time to avoid credit records caused by loan rejection, or you can go to the bank for consultation before applying for a loan to see if it meets the loan conditions.

So much for the introduction of reducing the interest rate of bank loans.