At present, online loan platforms are mixed, and there are only a handful of more reliable platforms. At present, the well-developed and well-known loan platforms mainly include micro-loans under Tencent Tenpay and rich flowers under Baidu Xiaoman Finance.
Because these two companies are backed by BAT, they have received extensive attention from the market since their birth. Today, I will take you to compare the two platforms to see which platform is more cost-effective.
Business qualification
Micro-loan is a loan brand launched by Weizhong Bank, a subsidiary of WeChat. The opening of micro-loans is based on the white list invitation system, but it is only open to users who meet the requirements of Tencent's big data evaluation. Frequent use of Tencent's wealth management products, such as wealth management, have the opportunity to be invited to open, and are not allowed to apply for micro-loans. At present, there is no way to force the opening of micro-loans.
Fuguihua adopts active application system. You can download Fuhua in the mobile phone application market, take the initiative to apply for opening or click on the measurement below the mobile phone to see if you meet the application conditions. The background big data will evaluate the quota according to the personal consumption credit situation. In addition, the application condition is that the age is between 18-55 years old. It should be noted that if you have money to spend, you refuse to provide college students with consumer installment loans. If you are a college student, please give up the application. During the application process, you need to provide your second-generation ID card and your debit card.
Daily interest rate
Micro-loan supports users to repay the principal in equal amount, that is, the principal needs to be repaid regularly every month, and the interest will be reduced accordingly. The loan interest rate of the platform is between 0.02% and 0.05%, that is, if you apply for a loan of RMB 6.5438+0.00 million on the platform, the loan interest generated in one day is between 2 yuan and 5 yuan.
If you have money to spend, the loan interest is calculated by the day. Charge a day's loan interest and repay the loan in advance. There is no formalities fee, and there is no need to repay all the loan interest. You only need to repay the loan interest within the loan period. Among them, privileged loans charge a small amount of liquidated damages. The platform provides corresponding loan services according to the actual loan demand and credit evaluation of users, and the daily interest rate is as low as 0.02%.
There are various loan platforms and repayment methods, such as average capital, equal principal and interest, equal interest and so on. Different repayment methods will lead to different loan interest. How to avoid the loan being pitted? How do you know if your loan cost is high? Spending money on price comparison artifacts can help you. Use the price comparison artifact before lending to let you know which loan is more economical!
Finally, Baidu has Huahua and Tencent micro-loans. As big-name formal online loans, they are all on credit reporting, so no matter which loan you finally choose, you must repay it on time, otherwise you will leave bad information on credit reporting.
The above is the difference between the interest and opening qualification of these two platforms. I suggest that you choose the right lending platform according to your own needs when choosing.
Synthetically compiled from the stationmaster's home, exploring its financial borrowing.