First of all, why can banks only provide the benchmark interest rate set by the central bank when lending? & ampnbsp; Because according to national regulations, the interest rate of unsecured loans can rise above the benchmark interest rate set by the central bank 10%-30%. Unsecured things are unsecured, and the specific increase is 10% or 30%. Banks must strictly examine personal circumstances before making a decision.
The higher the quality of applicants, the lower the interest rate.
Looking at the unsecured loan products of major banks and loan companies in the city, it is difficult to find such a law. For high-quality applicants, the lower the interest rate charged by the bank.
The candidates with the highest quality are civil servants, career planners, full-time employees of large state-owned enterprises and Fortune 500 companies. Take the Zhijia loan of Minsheng Bank as an example. For such high-quality people, the annual interest rate of borrowing 12 months is 7.2%, and the total cost is 2000 yuan.
Compared with Ping An Financial's full-time salary loan, the annual interest rate plus annual management fee accounts for 29.4% of the total cost, and the total cost of the same loan is 1.28 million yuan, a difference of more than 6 times.
How much is the unsecured disguised interest on the loan?
For some unsecured loan products, applicants need to pay more than interest. Some banks or lending institutions will charge a management fee and a one-time fee for your loan.
Take the unsecured loan products of a small loan company as an example, the product interest rate is zero, but the monthly management fee of 1.93% and the one-time fee of 2% are charged. Or take a loan of 50,000 yuan 12 months as an example. These two expenses add up to 1.26 million yuan, which is more than six times the loan cost of the above-mentioned high-quality customers.
In addition, if you don't repay on time, you must be fined. How to calculate the fine without mortgage?
1. First of all, different lending institutions have different fines. This is mainly based on loan contracts. According to the law, the fines imposed by financial institutions generally do not exceed 150% of the agreed loan interest rate. Therefore, most lending institutions charge 150% when collecting loan fines, especially unsecured loans.
2. Secondly, overdue fines are not subject to compound interest. Interest on unsecured loans and fines cannot be calculated during the calculation of fines.
3. The repayment order of the borrower shall be late payment fee, interest and principal.
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