20 17 The largest petty cash loan product, willful loan, has been widely concerned. In addition to willful payment, Suning Finance can now provide loan services. The specific interest rate and interest standard are as follows: 1, cash loan (withdrawal amount) 1) installment repayment: the minimum monthly interest rate is 6% per annum; 2) Pay as you borrow: the lowest daily interest rate is the lowest annual interest rate. For example, if you borrow 10000 yuan, if you choose to repay by installments, the monthly interest will be 50 yuan; If you choose to borrow and pay back, the daily interest will be RMB and the monthly interest will be 69 yuan. Analysis: compared with bank loans, the interest rate of willful loans is high; But it is still much lower than private mobile phone loans, and the application threshold is low, the amount is high, and it is safe and reliable. Users who need money urgently can consider it. 2. installment repayment of consumer loans (consumption quota): the minimum monthly interest rate is the annual interest rate. For example, if you borrow 10000 yuan, and the monthly interest is 80 yuan, you can also apply for Suning's willful loan. The interest rates of different loan models and repayment models are different, reaching the annualized maximum spread.
2. What is the interest rate and interest of Suning's willful loan?
Willful loan is a small cash loan product under Suning. Its loan interest rate will change with the loan method, which is mainly divided into cash loan and consumer loan. There are three repayment modes of cash loans, and the interest charged under different modes is also different.
1, cash loan (withdrawal amount) 1) installment repayment: the minimum monthly interest rate is 0.5% and the minimum annual interest rate is 6%; 2) Pay as you borrow: the minimum daily interest rate is 0.023% and the minimum annual interest rate is 8.395%;
2. installment repayment of consumer loans (consumption quota): the minimum monthly interest rate is 0.8% and the annual interest rate is 9.6%.