Borrowing is Alipay's own assessment of your personal credit status, including credit score, including assets, including your own timely repayment behavior and consumption habits. After grading, you can confirm that you have no problem, then you can choose to borrow flowers and the like.
This thing itself has an interest rate, that is, after you borrow it, you don't need to pay it back in a month. Is it also because this is a way to borrow money? It's not like a flower bud. Flower bud itself is an overdraft. Just like a credit card, it will expire if you don't return a new card, but it won't if you borrow it. That is to say, if you repay the loan on time and there is no overdue interest, there is no interest problem, but if you can't repay the loan on time, you have to bear the interest calculated on a daily basis. Generally speaking, the interest for newcomers is 5/ 10000, and the average annual interest is about 18%.
If you have enough capital flow, it is not recommended that you open this thing. After all, this thing is borrowing money. It can't change your own capital flow. You have no money or no money. You even said that you overdrawn your future money in advance. Now that you use it more and more times, your reminder itself will be higher and higher. At first, 1000 yuan gradually became 800065438+20000 yuan, but in the end, you couldn't pay back the money and kept generating interest, which led to the deterioration of your economic situation. Because this overdue interest will accumulate more and more, and you can't pay the principal, how can you settle the interest?
It is very common to borrow money for consumer loans now. It doesn't matter much, so to speak You can control this thing within a certain reasonable range to ensure that you can repay it on time after borrowing money every month. However, if you can't afford it yourself, you should know that you don't touch this thing. Because some people can use this thing to free up some funds for investment and wealth management in exchange for more income, but some people just have no money.
What is an interest-free loan for car purchase?
Interest-free loans for car purchases are excuses, which may hide high handling fees, tying insurance and credit card installment.
Therefore, when you buy a car with an interest-free loan, you should pay attention to whether there is a "overlord clause" in the contract and you can't listen to the seller. For example, Miss Z bought a car in a 4S shop in Guangzhou with a price of more than 400,000 yuan. The salesman recommended a car loan, and claimed that the minimum loan amount was selected according to the car price, and the shortest loan could be 6.5438+0.6 million yuan a year, without interest and handling fee.
Then Miss Z received a phone call from the staff of a joint-stock bank, opened a new debit card at the Zhujiang New Town Sub-branch of the bank on the appointed day, and then went to the credit center of the bank to sign the agreement displayed on the tablet provided by the staff. Miss Z went to the 4S shop to pick up the car. The salesman said that the loan signed with the bank was not interest-free and fee-free, and the fee for three years and one year was about 4%.
Since sales have always recommended interest-free and fee-free loans, when the bank clerk who took over asked to sign the agreement, Miss Z said that she didn't read it carefully at that time and later found that there was a charge. According to the loan amount of 6.5438+0.6 million yuan, the annual handling fee is 4%, and the handling fee for Miss Z is 6.400 yuan for one year and 654.38+0.9200 yuan for three years.
However, the handling fee charged by the 4S shop is not the interest of the bank, so according to the customer service of the 4S shop, it is indeed an "interest-free" loan. Because the bank staff said that it was indeed an interest-free loan, the bank did not charge a handling fee, and it was also a 4S shop. So miss z proposed to cancel the subscription, which was rejected on the grounds that the contract had been signed.
In addition, sales strongly recommend an insurance from the insurance company. Of course, the price of insurance is much higher than the market price. There are also many banks that will change the unit of handling fee to days in the propaganda language. Therefore, many publicity meetings for handling fees only charge a few thousandths of the fee, which is actually not a minority.
Extended data:
There are four main ways to buy a car by loan in the market: auto financing company, intermediary guarantee, bank loan and credit card installment. Be sure to pay attention to whether there is a' overlord clause' in the contract, especially whether the payment method and warranty period conform to the industry practice.
Because different loan methods are aimed at different car buyers, the industry reminds consumers that it is best to consult the detailed car purchase policy when choosing a loan car, shop around and read the contract clearly, especially some details. It is best to place an order after comprehensive weighing, and you can't buy a car at a high cost by listening to the opinions of a seller.