How to get a private loan? What are the ways

The so-called private lending refers to the loans applied for in the private lending institutions set up by the private sector other than banks. Usually, this type of institutional loan audit is not as strict as the bank, but the private loan often have to bear a greater risk and the interest rate of the private loan is generally higher than the bank loan. The first thing you need to do is to get your hands on a new one, and you'll be able to do that.

What are the ways of private loans?

1 pawnshop

Often the loan applied for in the pawnshop is a mortgage loan, is a more common form of private loans. Generally according to the value of the pawned object to determine the amount of the loan and the interest rate of the loan.

2 private financial companies

Generally refers to the private guarantee company to help loans for credit services. Usually this type of loan review is more lenient, easier to pass.

The above are the two main ways of private loans. It should be noted that the choice of private loans must choose a legitimate lending institutions, or accidentally may fall into.

Private loan situation

In the process of serving customers, in fact, will come to seek private loans are no more than the following two situations:

One is the bank credit has been bad two is in urgent need of

Banks loan part of the individual will not go into detail, in accordance with the type of loan for a different type of time, time 5 The first thing you need to do is to get a good deal of money to pay for the loan, but you can't afford to pay for the loan. When it comes to the speed of various private unsecured loans...

It can be imagined that the fastest is of course the money bank ~ ~ ~ the fastest day can get the money, but the interest rate of 7 days or 10 days a period of time, a little more conscientious interest rate of 10 cents, the interest rate received 25 cents or even higher in a large number of people ~ ~ ~

The speed of the second, that is, it is possible that every other day to get the money, basically in accordance with the applicant's conditions and the size of the amount of money can be divided into two types:

The first is the folk book loan, which is different from the other. The first is a private book loan, which is commonly known as private credit, generally speaking, even if the owner of the gold directly or through the book deal with, after all, the book know the law and can ensure the rights and interests of the owner, to avoid and reduce the risk of the money lent out to collect the risk of not coming back ~ ~ but because of lending out the amount will generally be in the more than 100,000, so to ensure that the applicant's ability to repay is very important ~ each month as with the bank credit, the same way to take monthly principal and interest amortization

The second is the motorcycle installment for cash, or motorcycle installment to cash, this way in fact is also very fast, the fastest can be up to 10 o'clock in the morning money to send pieces of the evening to get the money, but basically is the next day ~ because to see the installment company to take care of the speed of the speed, as well as the Supervisory Office of the speed of the licensing, so the normal in the case of complete information, but also next day to get the cash, but the amount of money is not high.

But just because it is an unsecured private loan, so the ability to repay the individual on behalf of the book or installment company is very important, after all, the private and the bank is different is in ... Do not have to pull the joint levy, processing speed, so the bank credit problems, or have urgent need of friends, is a very important turnover pipeline, but remember, there are borrowing, and then borrowing is not difficult

(From: Sharing Station)

References: 1 Zheng Shanyin China, Japan and the United States of America three countries pawnshop industry law comparison 2 Tsai Ching-hui U.S. pawnshop Taobao 3 Wang Mung-Xiong re-discovery of the English word vocabulary - pawnshops

MinCredit is real

It's real, MinCredit is an independent brand of Zhongrong Minxin Company, which was launched in January 2014, Zhongrong Minxin Company, full name Zhongrong Minxin Capital Management Co. Since its inception, the company has adhered to financial services and information technology innovation, adhering to the core concept of "deep plowing in the people, rooted in the letter", fully utilizing the latest technologies such as big data, cloud computing, and is committed to creating an honest, transparent, fair and efficient service platform, leading the industry's development, practicing corporate social responsibility, and providing customers with better quality network lending information intermediary services.

Is private lending legal

Generally speaking, private lending is legal, but it must be within the scope of the law, otherwise it is not protected.

Private lending refers to lending between citizens, between citizens and legal persons, between citizens and other organizations. As long as the parties to the meaning of the true can be recognized as valid, due to the loan generated by the mortgage is correspondingly valid, but the interest rate shall not exceed the relevant interest rate prescribed by the people's bank.

According to the "Chinese people's *** and the state contract law"

Article 197 of the loan contract in writing, but the natural person borrowing money between the other agreement, except. The content of the loan contract includes the type of loan, currency, purpose, amount, interest rate, term and repayment mode and other terms.

Article 211 of the loan contract between natural persons on the payment of interest is not agreed or the agreement is unclear, is deemed not to pay interest. If a loan contract between natural persons agrees to pay interest, the interest rate of the loan shall not violate the state regulations on limiting the interest rate of the loan.

According to the supreme people's "on the people's trial of lending cases of a number of opinions"

Sixth, the interest rate of private lending can be appropriately higher than the bank's interest rate, the people of each region can be specific in accordance with the actual situation in the region, but the maximum shall not exceed the bank's interest rate of four times the interest rate of the same type of loan (including the interest rate of the number of the principal). If this limit is exceeded, the interest on the exceeding part shall not be protected.

Expanded:

According to the Supreme People's "Several Opinions on the People's Trial of Lending Cases"

VII, the lender shall not charge interest to the principal to seek exorbitant interest. If it is found during the trial that the creditor has included interest in the principal amount to calculate compound interest, and the interest rate exceeds the limits set forth in Article 6, the interest on the excess portion shall not be protected.

Eighth, the borrower and lender dispute on the existence of the agreed interest rate, and can not be proved, can refer to the bank interest rate for similar loans. The borrower and lender dispute on the agreed interest rate, and can not be proved, may refer to the provisions of Article 6 of this opinion, interest accrued.

Xi, the lender knows that the borrower is to carry out illegal activities and borrowing, the lending relationship is not protected.