The average annual interest rate of various loan products is generally around 13% to 24%. In addition to interest, there is also a handling fee. If the loan term does not exceed 6 months (inclusive), the general handling fee is about 2% of the principal. If the loan term exceeds 6 months, the general handling fee is 4% of the principal. At present, the handling fee of the loan is deducted directly from the loan amount, that is, the amount actually received is deducted.
Briefly introduce the interest rates of various loan products:
1. The annual interest rate of ordinary loans is 12% to 24% (that is, the monthly interest rate is 1% to 2%).
5. The annualized interest rate of the private enterprise's main bid is 12% to 24% (that is, the monthly interest rate is 1% to 2%).
6. The annualized interest rate of students is about 23% (i.e. monthly interest: 1.92%).
2. The annual interest rate of online shoppers is 16% to 24% (that is, the monthly interest rate is 1.33% to 2%).
3. The safe annualized interest rate of accounts receivable is 8% to 24% (that is, the monthly interest rate is 0.67% to 2%).
Fourth, the daily interest rate of online business users is about 3.8 to 5 per 10000.
Before, I also needed business turnover. I have used several microfinance products. The first one I applied for was a small amount of money (formerly Baidu Finance), which was just 10W (the maximum platform support was 20W), and the interest rate was very low (the minimum annualized rate was 7.2%), which was still relatively low. All of them are put forward and divided into 12 periods.
The above contents are for reference only, and no loan suggestions are made. Online lending is risky, so choose carefully!
1. Paipai Loan is the first Internet financial platform in China specially approved by the industrial and commercial departments, permitted by the business scope of financial information services and recognized by the government, and has been successfully listed on the New York Stock Exchange. The company holds a financial license and is also the first governing unit of China Internet Finance Association. The platform is connected to the central bank's credit information system, and relevant loans and repayments will be submitted to the central bank for credit information, leaving corresponding records in the personal credit information report (overdue repayment, personal credit damage). There is a threshold for auction loans, and not everyone can apply. Need to be a Chinese mainland citizen aged between 2 1 and 55, with full capacity for civil conduct; Mobile phone number of real-name authentication; Can provide a stable source of income and have the ability to repay the loan principal and interest on time; Moreover, personal credit is good, and there is no bad information in the credit report. After systematic review, only those who meet the comprehensive evaluation criteria will be approved.
legal ground
Article 680 of the Civil Code of People's Republic of China (PRC) prohibits high-interest lending, and the lending rate shall not violate the relevant provisions of the state.
If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest.
If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.