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How to calculate the interest rate of Guangfa Credit Loan?
1. How to calculate the interest rate of Guangfa Credit Loan?

The cash withdrawal fee is 2%, calculated at the interest rate of 0.5 ‰ per day. If it is paid by installment, it can be divided into:12: 0.65%18: 0.7% 24: 0.72% service fee to be paid every month.

2. What is the credit loan interest rate of Guangfa Bank?

The credit loan interest rate of Guangfa Bank is not uniform. Under normal circumstances, Guangfa Bank will lower the benchmark interest rate of the central bank's commercial loans by a certain percentage, and give the specific interest rate of the borrower. The factors that affect the interest rate are: the borrower's personal qualification, the type of loan products, the loan term, etc. At present, the benchmark interest rate of the central bank's commercial loans is 1, the loan term is within one year (including one year), and the interest rate is 4.35%; 2. The loan term is one to five years (including five years) and the interest rate is 4.75%; 3. The loan term is more than five years, and the interest rate is 4.90%.

3. What is the interest rate of Guangfa Credit Loan?

The interest rate of CGB credit loans fluctuates according to the benchmark interest rate of central bank loans, and the fluctuation range is determined by CGB. The benchmark interest rate for central bank loans is:

1. Within one year (including one year), the interest rate is 4.35%.

2. The loan term is one to five years (including five years) and the interest rate is 4.75%.

3. If the loan term exceeds five years, the interest rate is 4.90%.

Application conditions for credit loan of Guangfa Bank:

1. The borrower has reached the age of 18 and has full capacity for civil conduct.

2. The borrower has a stable job and income and can repay the loan on time.

3. The borrower's personal credit is good.

4. The lender agrees to other conditions required by Guangfa Bank.