To handle the loan, the lender needs to bear the following expenses:
1, handling fee. At present, some banks will attract customers' attention by lending interest-free, but in fact they charge interest by charging fees.
2. Interest expense. The amount of interest expense depends on the bank selected by the lender or the personal loan conditions of the lender. Different banks charge different loan fees. If the lender has good conditions, the loan interest charged is relatively low.
3. liquidated damages. When an individual signs a loan contract with a bank, if he fails to repay the loan on time as agreed in the contract, the bank has the right to collect liquidated damages by signing the amount agreed in the contract.
Legal basis: Article 30 of Judicial Interpretation of Private Lending stipulates that if the lender and the borrower have agreed on both overdue interest and liquidated damages or other expenses, the lender may choose to claim overdue interest, liquidated damages or other expenses, or both, but the people's court will not support the part that exceeds the annual interest rate of 24%.