Chengdu private lending rate
The loan interest rate will change according to the qualifications of the lender, whether there is collateral, and which private loan to choose. And it can't give you a definite value. It can only tell you that the interest rate of private lending in Chengdu is less than or equal to 24%. Remember to pay attention when choosing, and don't fall into the pit of usury.
If you want to know how to choose private loans in Chengdu, you can click on 4 tips to teach you to choose formal and safe private loans.
Risk of private lending in Chengdu
Due to the low threshold, private loans in Chengdu still have certain risks compared with bank loans, such as:
(1) Being tempted by high interest rate, the borrower may run away;
(2) Without a formal written contract, rights and interests cannot be guaranteed;
(3) Cash delivery, lack of strong proof.
Even more frightening is that private loans may also have an impact on your future mortgage application. For details, please click to learn.
How to choose private loans and bank loans in Chengdu
From the threshold, Chengdu's private loans are lower than those of banks. In terms of loan interest rate, the interest rate of private loans is significantly higher than that of banks. In terms of lending speed, private loans can be released within a few days. If you need money urgently, it is also a good choice to find safe private lending.
In addition to not choosing private loans and bank loans, many friends often wander between private loans and microfinance companies. Want to know the difference between the two, you can click.
Formal Chengdu private loan company
Considering that many friends will not choose formal private loan companies, we have sorted out several legal and safe ones to see which one is to your taste.
Fu Deng Microfinance (Sichuan) Co., Ltd., Sichuan Dashu Qingyang Microfinance Co., Ltd., Sichuan Wuhou Rongtong Microfinance Co., Ltd., Pixian Runchuan Microfinance Co., Ltd. and Dujiangyan Huilian Microfinance Co., Ltd. are all good private microfinance companies. Besides these, order dozens of homes for you to choose from.