The investigation of loan interest rate shows us the factors that affect the loan interest rate: personal qualifications will affect the loan interest rate, because different people apply for loans, and the loan interest rate is completely different, depending on personal circumstances. The loan type affects the loan interest rate, and the loan interest rate is related to the difference of loans and the length of loans. Risk factors will also affect the loan interest rate. Demand determines the market. The loan interest rate will change with the market supply and demand, and the risk factors will also change. There are more people who borrow from the private sector, and if the application threshold is low, they will bear higher risks and the loan interest rate will rise accordingly.

In short, the loan interest rate is influenced by many factors, so we must choose a formal lending institution. Baidu Knows