Guangfa Bank’s consumer interest can be understood as “late payment fees”. If the user fails to pay off the credit card debt, consumption interest will be calculated on a daily basis and charged monthly. Generally speaking, daily interest is calculated at 0.05%, compound interest is calculated. However, it should be noted that credit cards generally have interest-free periods. The interest is calculated at a daily interest rate of 0.05% from the accounting date, and compound interest is charged monthly. In fact, this is easy to understand. If users repay in full and on time, they can enjoy credit card interest-free services. Interest will be charged on a daily basis for overdue repayments and minimum repayments. As long as they repay within the interest-free period, they do not have to pay consumption interest. Guangfa Bank consumer loan interest rates are determined by the consumer loan principal, interest rate and term. The formula "interest = loan term" is available × loan principal × loan interest rate "depends on specific data. The principal, interest rate and term of consumer loans are generally stated in the loan contract, and the loan interest rate is based on the national benchmark interest rate. Guangdong Development Bank was established in September 1988 with a registered capital of 11.408 billion yuan and is headquartered at No. 713 Dongfeng East Road, Yuexiu District, Guangzhou City, Guangdong Province

1. If users do not want to pay consumer interest, the best. The method is to repay in full. Of course, if they do not have enough repayment ability and do not want to be overdue, it is also good to choose the minimum repayment amount.

2. The interest rate for consumer installments of China Guangfa Bank is 0 yuan. Because it does not charge interest, it only charges handling fees. Currently, the service fee for GF Consumer Installment is 0.88% based on the number of installments. , 0.7%, 0.72%, 0.72%.

3. It is understood that the personal consumer loan products launched by major banks mainly include car loans, home decoration loans, personal business loans and personal credit consumer loans. The central bank's benchmark loan interest rate is 4.35% within 6 months (including 6 months), 4.35% from 6 months to 1 year (including 1 year), 4.75% from 1 to 3 years (including 3 years), and 4.75% from 3 to 5 years (inclusive). 5 years) 4.75%, 4.9% for more than 5 years. Loan products of different consumption types will be increased at different rates.