With the development of science and technology and the progress of society, many young people now start to borrow money to meet their material needs. However, in today's society, the interest of some loan software is very high. On the surface, there is no interest, and the interest behind it is super high. Therefore, when young people borrow money, they must go to the formal platform for loans and sign relevant contracts. Some netizens heard from friends that his loan interest rate is quite low, so what is the loan interest rate?

First, the loan interest will be around 7%~24%, but it still depends on personal credit information. The higher the credit information, the lower the interest. However, if your personal credit is too low, the interest on the loan will also increase, so this kind of thing is not generalized. But when making a loan, you must make a loan according to your own specific situation and actual situation.

Second, actively communicate with each other. Bian Xiao suggested that everyone must communicate with their families before making a loan. After all, the loan is not a small amount. Especially some young college students, because of ignorance, all kinds of unscrupulous businessmen will use this feature of college students to cheat. Therefore, college students must communicate with their families before lending to prevent themselves from being cheated. But personally, Bian Xiao thinks that everyone can not lend or try not to lend, because although the interest is relatively low, there is interest. Over time, interest will accumulate.

Third, when you repay on time online, the network platform will definitely sign the relevant contract with you. Everyone must return it in advance according to the date on the contract, and don't let the dunning phone keep urging you. And if you don't pay it back in time, the interest will accumulate more and more, and finally you can't afford it. It was terrible at that time.