Many people choose banks, loan companies or online loans. Whether you borrow from a physical bank or apply for a loan online, there are other factors that must be clarified besides the amount and interest rate of the loan.
Needless to say, the loan amount. How much do you want to borrow? Just apply for the corresponding amount.
Interest rate, pay attention to whether it is annual interest rate, monthly interest rate or daily interest rate. For example, if the loan is 6,543,800 yuan and the annual interest rate is 654.38+ 08%, the monthly interest rate is 654.38+08% ÷ 654.38+02 = 654.38+05‰, and the daily interest rate is 5 ‰, that is, the annual interest rate is 100%.
The repayment method, this is to be clear. At present, there are three commonly used repayment methods: one is to pay interest on a monthly basis and repay the principal at maturity; The second is equal principal and interest; The third is equal principal and interest. The first is to pay only interest every month and return the principal in one lump sum before the maturity; The second is to repay the principal and interest every month, and the sum of the principal and interest is the same; The third way is to repay the loan with interest every month. The principal is the same every month, and the interest decreases month by month. Among them, the second and third types are the most, because the repayment risk is small, and the principal will be compressed every month. The biggest difference between the two is that the average capital pays less accumulated interest, but the pressure of early repayment is great; Pay more accumulated interest for equal principal and interest, but the repayment pressure is average.
Generally, there are three methods of interest calculation: monthly interest calculation, daily interest calculation and one-time interest calculation. Monthly interest calculation means that the interest on your loan is calculated for at least one month. If your loan is less than one month, even if it only takes 1 day, you will be charged one month's interest. Daily interest calculation means calculating daily interest according to the interest rate, and then charging interest for as many days as you spend. This interest calculation method is relatively common and reasonable at present. One-time interest collection refers to the direct deduction of all interest within the loan term when the loan is issued, and only the principal is repaid after the maturity. This method is relatively rare and costly, so it is generally not recommended to use this loan product.
Early repayment shows that this is also a key point. Before the loan, be sure to ask if you can repay in advance and if there is any penalty. If the loan of 65,438+10,000 yuan cannot be repaid in advance for two years, even if it wants to be settled in advance after three months, all the interest of the remaining 2 1 month must be paid off before it can be settled. Otherwise, it will take you two years to repay the principal and interest on time every month. There are also many loan products in the market that cannot be settled in advance. Personally, I think this regulation is unreasonable and should be abolished. Liquidated damages are generally charged according to the percentage of the loan amount. This lending institution is different, but I suggest that it is best not to borrow loans that have liquidated damages in advance or cannot be settled in advance.
Loan is a double-edged sword. If used well, it can help you solve many problems. If you don't make good use of it, it will ruin you. Therefore, please make a repayment plan and make good use of your own funds before lending.
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Satisfy the five elements, and your loan application is easier to pass the examination and approval.
With the loan business gradually entering every life, many people will ask, can my loan pass the examination and approval? In fact, as long as you have the following five points, the loan approval can still be easily passed.
With the loan business gradually entering every life, many people will ask, can my loan pass the examination and approval? In fact, as long as you have the following five points, the loan approval can still be easily passed.
Element 1: Being married is easier to be recognized.
Although the loan does not stipulate the marital status of the applicant, in fact, under the same conditions, married people will score higher than single people and it is easier to apply for a loan.
The first reason is that married people will feel more responsible after forming a family, which will make banks feel more at ease, whether it is the positive degree of repayment or the use of loans.
Reason 2: Compared with single people, married families have stronger earning power and lower repayment possibility.
Element 2: People who have the support of family members are more likely to be recognized.
In addition to marriage, many people actually ignore the support of their families. If your loan is supported by your parents or wife, your loan application will be more convincing to the loan manager. On the other hand, if someone objects, the loan officer will doubt the original intention of your loan and whether it is suspected of fraudulent loan.
Element three, it is easier to gain recognition without bad hobbies.
Your salary has passed, your credit is good, you are waiting for the loan approval, and the loan is rejected. What is the reason?
This is because, in the process of audit, the general loan staff will investigate the borrower's usual hobbies and activities, such as playing cards. If the answer is yes, the loan application will be rejected because the borrower has bad hobbies.
Factor 4: Secondary borrowers with good repayment conditions are more likely to be approved.
Why are secondary borrowers with good repayment easier to be approved? This is because you have accumulated good credit in the bank, and all the money you borrowed has been paid back on schedule, never. Then, if you take out a second loan, you can definitely get it, and you can get a lower loan interest rate.
The reason is that the last good repayment record will help your credit score, and the bank will think you are an honest and reliable quality customer, and will give you a high amount of reward with low interest rate accordingly. But if you didn't repay the loan on time when you applied last time, the bank's approval will definitely not pass.
Factor 5. People with proof of assets are more likely to be approved.
Applying for a credit loan mainly depends on your salary and credit status, and the bank will also give feedback on whether to approve the loan. However, you may have overlooked that your asset certificate can also add points to your loan application. If you have a house, a car, a large deposit certificate and a regular wealth management product, all these can enhance your credit and deepen the bank's impression of your strong repayment ability.
What are the five elements of the three, five and seven rules of loan?
The five elements of the "357" loan are poor performance in three years, risk outbreak in five years and large losses in seven years.
1. The product consists of seven elements: age, years, quota, interest rate, repayment method, credit information and access conditions.
2. There are only two ways to guarantee, one is credit guarantee and the other is mortgage guarantee. Credit guarantee means that you don't need to provide any collateral, but you need to provide a stable source of income.
There are only two purposes of borrowing, one is consumption and the other is management. Consumption is simply daily expenses, further education, decoration and so on.
4. Repayment mainly refers to running water, which provides punching wages for people who go to work and repays them every month.
There are only two purposes of borrowing, one is consumption and the other is management. Consumption is simply daily expenses, further education, decoration and so on.
What are the contents of credit investigation of commercial banks?
The requirements of banks are different, but they never change. This is an outline of a bank's pre-lending investigation report. You can refer to it, remember to follow a train of thought: "introduce the business situation of the enterprise, analyze the cash flow situation, evaluate the repayment ability and analyze the second repayment source." Conclusion ":\ 1. Basic business information: 2. Basic information of the applicant:, ownership structure:, company structure:, enterprise evolution:.