At present, microfinance companies mainly rely on loans with higher interest rates to obtain spreads, because the interest of loan companies is relatively high. : Total monthly debt service = {(loan amount× monthly interest rate× loan term) loan amount}/loan term; Monthly repayment = monthly repayment of principal and interest and total monthly management fee. If the above-mentioned monthly interest rate is 3. 1%, the loan amount is 10000 yuan, the loan term is 12 months, and the total monthly debt service is 963 yuan, plus the management fee of 1%/000 yuan, the monthly repayment amount is/kloc. That is, the loan term corresponding to the loan principal of 10000 yuan in the above formula is 12 months, while the actual loan principal decreases month by month due to monthly repayment. Under normal circumstances, the materials needed to apply for personal bank loans include personal identity documents, work certificates, income details, etc. , and will query personal credit information. For banks, good credit qualification, stable job and considerable income are necessary conditions for applying for loans. At the same time, in order to ensure the authenticity of the borrower's income, banks generally only accept friends who have bank salary cards and can provide flowing water for banks. Personal bank loans usually require users to have no overdue records, so a good credit record is a necessary condition for successfully applying for bank loans. Generally speaking, the higher the income, the higher the loan amount users can get, the better the credit conditions, the simpler it is to apply for a loan, the higher the application amount and the lower the interest rate. Of course, banks may have different requirements for information, and different types of loans may also have different requirements for information. Therefore, if you want to apply for bank loans, it is recommended to consult the bank outlets that want to apply for loans in advance. In addition, many banks now support mobile banking APP to apply for loans, which will be more convenient.

Second, how does the company operate to make money? What should I pay attention to?

If you have a reliable background, you will definitely make money from government relations and banking system resources. If you are well-connected and powerful, this is a good business.

Third, what do online lending companies rely on to make money?

If they can really lend you a loan, what they earn is the difference between the deposit and the loan interest.