The annual interest rate of Fuxiang convenience card loan of rural credit cooperative is 8.742 1%. Generally speaking, to apply for personal loans, the following conditions must be met: China citizens with permanent residence, permanent residence or valid residence certificates, under the age of 65, with full capacity for civil conduct.
Have a proper occupation and stable income, and have the ability to repay the principal and interest of the loan on time. Have a good credit record and willingness to repay, and no bad credit record. Can provide legal, effective and reliable guarantee recognized by the bank. There is a clear loan purpose, and the loan purpose conforms to the relevant regulations. Other conditions stipulated by the bank. Generally speaking, for loan types such as personal comprehensive consumption loans and personal credit loans, the conditions for applying for loans are largely based on personal credit accumulation in banks. At this time, when applying for a loan, try to submit some materials that can increase your credit, such as academic qualifications and income certificates. The higher the credit accumulation, the larger the loan amount.
Rural credit cooperatives refer to rural cooperative financial institutions established with the approval of the People's Bank of China, which are composed of members' shares, implement democratic management and mainly provide financial services for members.
Rural credit cooperatives are independent enterprise legal persons, which are responsible for the debts of rural credit cooperatives with all their assets and enjoy civil rights according to law. Its property, legitimate rights and interests and business activities carried out according to law are protected by state laws. Its main task is to raise idle funds in rural areas and provide financial services for agriculture, farmers and rural economic development. According to national laws and financial policies, organize and standardize rural funds, support agricultural production and comprehensive rural development, support various forms of cooperative economy and family economy, and limit and crack down on usury.
As early as 1950s, the outlets of China People's Bank in rural areas were changed to rural credit cooperatives. The purpose of rural credit cooperatives is "mutual assistance of farmers' funds", that is, farmers set up credit cooperatives, members contribute capital, and members can borrow money. So far, from the economic and legal point of view, each county association is equivalent to an independent bank (enterprise), the actual owner is the provincial government, and the county associations in the province jointly invested and established the provincial association, so the provincial association is actually the "son" of the county association; Administratively, each county association is the administrative department in charge of credit cooperatives, while the provincial association is the highest administrative department, so the provincial association is the "Lao Zi" of the county association. Because of its high administrative status, the provincial association has become the actual manager of the county association economically.
Rural credit cooperatives are banking financial institutions. The so-called banking financial institutions are also called deposit institutions and deposit currency banks. Their common feature is that deposits are the main liabilities, loans are the main assets, and transfer settlement is the main intermediary business, which directly participates in the creation process of deposit currency. Rural credit cooperatives are also credit cooperative institutions. The so-called credit cooperative institutions are cooperative financial institutions whose main purpose is mutual assistance, referred to as "credit cooperatives", which carry out deposit and loan business among members for the purpose of mutual assistance and self-help.
The establishment of credit cooperatives is directly related to the development of natural economy and small commodity economy. Because agricultural producers and small commodity producers are seasonal, decentralized, small-scale and small-scale, it is difficult for small producers and farmers to get the support of bank loans, but objectively, the development of production and circulation must solve the difficulty of insufficient funds, so this kind of mutual aid and self-help credit organization established by paying shares and deposits has emerged.