Current location - Loan Platform Complete Network - Bank loan - What's the interest on the small loan?
What's the interest on the small loan?
1. What's the interest on the small loan?

Generally speaking, if you are doing something, if you do a good job, you can achieve about 1 minute. If it is only the general interests of the general company, pay attention to the loan contract and don't be cheated carelessly.

Second, what is the interest of small loan companies? It's best not to expire.

With the continuous development of the credit market, there are more and more microfinance companies in the market. Compared with bank loans, small loan companies are welcomed by the public because of their fast review process and low entry threshold. Many borrowers have asked, what is the interest of small loan companies? It is best not to be overdue!

How much is the interest of the small loan company? Usually, the People's Bank of China will announce the loan discipline at the beginning of each year, and then local banks and financial institutions will make adjustments according to their own conditions. Generally speaking, small loan companies have higher loan interest rates than banks. Banks generally float 10% on the basis of LPR interest rate, and small loan companies generally float 20% on the basis of LPR interest rate. For example, the benchmark interest rate of a bank's five-year loan is so low that if the borrower unexpectedly fails to repay it, the benchmark interest rate of a small loan company is generally 50% to 100% of the interest rate level. If the borrower really doesn't know whether the loan interest rate he applied for is legal, he can refer to the specific provisions. According to the regulations, the maximum interest rate shall not exceed 4 times of the bank loan interest rate in the same period. Both parties can negotiate within 4 times of the bank loan interest rate in the same period. Based on the recent quadruple LPR, many microfinance companies will provide professional unsecured credit loans with a monthly interest rate of 2%. Simple procedures, high loan amount and fast loan speed. In addition to paying interest without charge, it can increase the attractiveness of corporate loans. The above is the sharing of "what is the interest of small loan companies in general?" I hope it will help everyone!

The third is to borrow money from small loan companies, and the repayment is overdue. Their company wants to settle with us. ...

Interest is definitely there; The interest of small loan companies is still relatively high; It is best to apply for a credit card, and it is more appropriate to use an interest-free period of no more than two months.