1, interest algorithm of Meituan borrowing money: calculated by day, the general daily interest rate is 0.05%. That is, if you borrow 5000 yuan from Meituan, the interest of 1 day is (5000 * 0.05%)2.5 yuan, and 1 month is calculated as 30 days, and the interest of 1 month is 75 yuan. Of course, this is just a general interest rate, and it may be adjusted according to the actual situation.
2. Loan interest algorithm: calculated on a daily basis, the average daily interest rate is 0.04%, that is, if you borrow 5,000 yuan from the loan, the interest of 1 day is (5,000 * 0.04%) 2 yuan, the interest of 1 month is 30 days, and the interest of 1 month is 60 yuan. There are also differences, which should be based on page display.
3. Interest algorithm for spending money: calculated on a daily basis, the average daily interest rate is 0.05%, that is, borrowing 5,000 yuan, and the daily interest rate is, 2.5 yuan, borrowing from Meituan. But the specific page display shall prevail.
In addition, although Meituan Loan shows that the minimum daily interest rate is 0.02% in the "Receiving Quota" interface, not everyone can get such a low interest rate. As far as the general interest rate comparison is concerned, Meituan borrows money slightly higher than Lending Bao.
To sum up, the above-mentioned borrowing platforms of the same type are all calculated on a daily basis, and the interest rates are similar. The specific interest rate depends on the qualifications of the applicant.
1. According to national regulations, the loan interest rate of any small lending institution cannot exceed 36% of the central bank's lpr interest rate, which is illegal. If it does not exceed 36% but exceeds 24%, the borrower may negotiate with the lending institution to repay the interest on the excess.
2. According to the description on the loan page of Meituan official website, the minimum daily interest rate is 0.02%. According to the feedback from most users of Meituan Loan Post Bar, the daily interest rate of loans applied by most users is 0.05%. Then, according to the calculation, the minimum annual interest rate of Meituan loan is 7.3%, and the annual interest rate of loans applied by most users is 18.25%.
3. In this way, the annual interest rate of Meituan Loan does not exceed the national regulations, which is the legal interest rate. For the same type of lending products, the daily interest rate of borrowing money is mostly 0.04%, and that of spending money is mostly 0.05%. In this way, the interest of the US Mission is not high.