Is the interest rate on wages and loans high? Salary loan is a mobile phone loan APP, which was officially launched on June 20 15+0 1. It belongs to Payroll Honest Data Technology (Shanghai) Co., Ltd., and customers only need a mobile phone to complete the loan application, which is quick in review and can realize capital gains within one hour at the earliest. So, is the wage loan interest rate high?

The loan is 3,000 yuan, the loan period is 50 weeks, and the total repayment amount is 6 150 yuan.

The loan is 2,000 yuan, the loan period is 5 weeks, and the total repayment amount is 22 10 yuan.

Borrow 3,000 to 2,820, pay back at least five weeks, pay back five weeks' interest every week, and pay back 33 15 on 2820, with a daily interest of nearly 80%.

How to calculate loans overdue's wage interest?

If you don't repay the loan on time, you will have to pay the overdue fine in addition to the original payables. Failure to repay in time will result in corresponding overdue fees and late fees: 10 yuan/transaction. The overdue fee will be calculated at 0.5% of the daily loan amount from the due date. If the overdue period exceeds 15 days, it shall be calculated as 0.75% of the daily loan amount. Submitted to China People's Application Center.

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