There are laws in our country that the loan interest is 4 times higher than the expected annualized interest rate of the benchmark, and the higher part is not protected by law. Nevertheless, in private loans, the loan interest is significantly higher than the expected annualized interest rate of bank loans in the same period, and even four times higher than the benchmark expected annualized interest rate. Even if the interest rate is so high, some borrowers still have to borrow money through private lending. So, who is suitable for finding private loans? 1. Credit loan users, whether individuals or enterprises, can easily knock on the door of bank lending as long as good credit "appears" when applying for loans. On the other hand, if the credit report shows that within two years, when you have a loan transaction with the bank, you have overdrawn all the trust of the bank by frequently overdue repayment or long-term default, then don't expect the bank to forget the "old injury" in a short time, jump into the same fire pit and feel restless again after the loan. Therefore, it is king to dispel the expectations of banks and directly provide collateral to non-bank financial institutions to ask for directions. 2. People who need a lot of money urgently. Freelancers, whether mortgage loans or credit loans, as long as they are bank loans, repayment ability may be an assessment indicator that borrowers can't dodge. The reason is that only by ensuring that there is no problem with the subsequent repayment can conservative banks fully believe that the loan funds can be returned and thus welcome them with open arms. Therefore, freelancers can only initiate financial assistance to non-bank financial institutions by increasing collateral. 4. The repayment ability is worrying and the mortgage qualification is insufficient.