If it is a Gitzo commodity loan, the monthly repayment interest rate is 1.75% and the principal is 5,000 yuan, then the monthly repayment interest is 87.5%. The total interest depends on the number of commodity loans, at least 1 1 month.
If it is a Gitzo consumer loan, its monthly repayment rate is 2%. There are 12, 15, 18 and 24 installments to choose from, and the interest is 1200, 1800 and 2400 yuan respectively.
Matters needing attention in loan
In order to ensure personal rights and interests, creditors should pay attention to the following matters:
(a) the loan of funds should have a receipt or a written contract:
The law does not require that the monetary loan contract must be written, because as long as both parties reach an agreement on the same thing, the contract has been established. However, in order to prevent disputes afterwards, it is best to make a written proof when borrowing money, so as not to say that there is no evidence and cause trouble.
(two) the written record of the loan amount should be detailed:
The IOU or loan contract shall clearly state the following matters:
1. Names of both parties.
2. Total loan amount and currency. For example, "NT$ 120,000".
3. Term of the loan. For example, the loan term is "months from the date of loan" or "year/month/day to year/month/day".
4. Interest agreement. Clarify the interest rate and payment method. For example, "the annual interest rate is 10%" and "it will be paid on the 5th of each month from the date of borrowing".
5. Agreed liquidated damages. For example, "If the borrower breaches the contract, he shall pay a penalty of RMB 5 yuan per day for every ten thousand yuan overdue."
6. Date of establishment.
7. Personal signature of the borrower.
(3) The currency delivery should have vouchers:
A monetary loan contract can only take effect if the currency is actually delivered. When the lender delivers the loan money to the borrower, it is advisable to use a check or cashier's check, and clearly state that the borrower is the payee. The contract states: "The loan amount has been delivered to the borrower by a check (or cashier's check) of RMB * * * * issued by the paying bank * * bank account number * * *." In order to avoid cash delivery without evidence.
(4) Seeking loan guarantee:
In order to ensure the safe recovery of the loan, it is best to have a reliable guarantee. Generally speaking, there are three ways to guarantee loans:
1. Get a mortgage. The borrower provides real estate, sets priority property rights for the lender, and goes to the Land Bureau for mortgage registration.
2. Get the pledge. Borrowers use movable property or rights (such as pearls and antiques; Stocks, corporate bonds, etc. ) as a guarantee for the lender.
3. Find a joint guarantor. The contract states that "the joint guarantors jointly guarantee that the borrower will earnestly perform the provisions of the loan contract", and the joint guarantors personally sign and seal the contract.