The loan for buying a car needs interest. At present, there are three ways to explain car loan: 1. Interest on credit card installment purchase: In addition to the advantages of relatively simple approval and procedures, credit card purchase does not need to provide corresponding property guarantee, which eliminates the cumbersome procedures such as intermediary notarization and brings additional burden to consumers. 2. Bank loan interest: ordinary bank car loans have no advantage. The two-year car loan interest rate of a bank has risen to 7.8%, and the three-year loan interest rate has risen by about 30% on the basis of 6.65%. Usually, the 3-year car loan interest rate has risen to 1 1.28%. (3) Loan interest of auto financing company: A recent survey shows that the interest rate of auto financing company's three-year loan is 10.99% and the interest rate of five-year car loan is11.38%; It is higher than the current bank loan interest rate 1-3 years (including 3 years) of 6.65%.

Don't you have to pay interest when the loan is approved? Is prepayment risky?

Most people borrow money because they are in urgent need, but some people are not short of money and just follow the trend. When the loan is approved, the money is useless. Will they ask if the loan is approved without interest? Is prepayment risky? Let me give you a brief introduction. If you have similar questions, you can learn about them together.

Don't you have to pay interest when the loan is approved?

There are two situations:

1. After the loan is approved, there is no loan, no loan is successful, and no interest is required.

2. After the loan is approved, even if the money is useless, interest will be charged, because the loan relationship is calculated from the time the loan is received, not according to whether the loan money is used. The loan interest is divided into two types: daily calculation and monthly calculation, and the interest-bearing time of the loan is calculated from the date of borrowing.

If the loan is approved and the money is useless, interest will be charged. If the lender really has no capital demand, it can reduce interest expenses by repaying in advance.

Is prepayment risky?

Although early repayment can avoid overdue, it certainly means that the lender has strong repayment ability and good credit. After all, loan contracts generally have specific loan terms and repayment time. Even if the prepayment is not overdue, it is also a breach of contract and there will be certain risks.

Most loan contracts stipulate that prepayment requires a certain penalty, and even many lending institutions will submit prepayment records to the credit information system, and will mark "prepayment" in red in the special transaction records. If you go to the loan again, some strict lending institutions will treat prepayment as a negative record, which will increase the difficulty of handling.

The above is "Don't you need interest when the loan is approved?" I hope it will help everyone.

Do you need to charge interest on the business loan of 202 1?

202 1 Venture loans need interest.

There has been a change in the discount loan policy for starting a business (taking Shenzhen as an example)

1.202 1, adjustment of government discount loan policy. The maximum quota for non-Shenzhen customers is adjusted to 300,000, the maximum quota for Shenzhen customers is 600,000, and the maximum quota for high-level talents is 654.38+00,000.

2.202 1 cancel the full discount, the annualized interest of the venture loan is 4.35%, the government financial discount is10.5%, and the total interest after discount is 2.85%.

For example, if the loan is 300,000 yuan, the three-year interest will total 39 150 yuan, the one-year interest will be 13050 yuan, and the monthly interest will be 1087.5 yuan. After three years, the principal will be repaid, and the government will return 13500 yuan.

1. Venture loan refers to a special loan issued by an individual who has a certain production and operation ability or has been engaged in production and operation, applies for the capital demand for starting or re-starting, and is recognized as an effective guarantee by the bank.

Second, the application conditions

1. identification and business premises

The loan applicant must have a legal and valid identity certificate, proof of legal residence in the place where the loan bank is located, and a fixed residence or business place. The certificate of fixed residence can be the real estate license (or the real estate license of parents' names), and the certificate of business place should hold the business license issued by the administrative department for industry and commerce and the business license of related industries, indicating that it is engaged in normal production and business activities.

2. Proof of funds

The loan applicant's investment project requires that he already has some self-owned funds. This is an important condition for banks to measure whether to lend, because the amount of venture loans generally does not exceed 70% of the total amount of funds needed by lenders for normal production and business activities and for purchasing (installing or repairing) small equipment and franchising. Settlement account related books The loan applicant must open a settlement account in the loan bank, and the operating income must be settled by the bank. Moreover, the purpose of the loan conforms to the provisions of relevant national laws and bank credit policies, and shall not be used for other speculative investment projects such as equity.

3. Letter of loan guarantee

Loan applicants need to provide certain guarantees, including real estate mortgage, certificate of deposit pledge, third-party guarantee, etc. In addition, they should also provide banks with some information about their credit status, repayment ability and loan investment as much as possible, which will increase the credibility of loans and help them get loans smoothly.

Do you need interest on bank loans?

Bank loans generally require interest, but banks also have policy loans, such as interest-free loans, which are subsidized by the government within a certain period of time, that is, interest-free.

If it is mortgage, car loan, consumer loan, etc. This kind usually has interest.