Everything has certain rules, and banking is no exception. As the saying goes, no rules can make Fiona Fang. Then there are restrictions and requirements for the expected annualized interest rate between companies between the rules of banks. This regulation limits the capital expansion of small loan companies and provides them with greater development space.

According to the relevant regulations of the central bank, the expected annualized interest rate of self-operated loans and entrusted loans accepted by small loan companies must be controlled within 4 times of the interest rate announced by the central bank, that is, the expected annualized interest rate of loans of the same grade in the same period. For example, on June 8, the central bank lowered the expected annualized interest rate of six-month loans from 6. 1% to 5.85%, so the expected annualized interest rate of one-year loans of small loan companies cannot be higher than 23.4%. There are many restrictions on bank loans. Small loan companies are also a good choice for small business owners and individuals who are in urgent need of loan turnover. Compared with banks, small loan companies lend money quickly, with high quota and much convenience. However, many people have doubts about small loan companies, on the one hand, out of distrust, on the other hand, out of consideration of the expected annualized interest rate of loans. Guangzhou Private Financial Street officially opened, and the price of private finance in Guangzhou was also released on the same day. The expected annualized interest rate of 1 year is 17.55%. Up to * * *, 32 institutions have settled in Guangzhou Private Financial Street, including 1 1 company, 3 guarantee companies and gold jewelry companies, 4 pawn shops and banks, 1 investment companies, third-party payment companies and insurance companies, and 2 securities companies and futures companies. Some companies have lowered their expected annualized interest rates, but they have not deviated from the "red line" of 4 times the benchmark expected annualized interest rate. "After the central bank announced the interest rate cut, our expected annualized interest rate was also lowered accordingly, but the upper limit still did not exceed four times the benchmark expected annualized interest rate." Liang Huiming, director of Foshan Nanhai Youcheng Co., Ltd. said. According to him, Youcheng Company won the "Financial Innovation Award" at the just-concluded Gold Fair, mainly providing unsecured and unsecured micro-loans as low as 10,000 yuan for agriculture, rural areas and farmers. The staff of Huadu Wansui Company, another company featuring small loans, said that the company has never deliberately lowered the expected annualized interest rate of loans. In the face of such regulations by the central bank, citizens also have their own ideas. Xu Bei, the Guangdong Provincial Associated Press, said that due to the fact that funds were not so tight compared with the previous period, monetary policy was relaxed and interest rates were cut. It can be seen that it is only a matter of time before the expected annualized interest rate goes down, and some small loan companies have already started to implement it. At the same time, he also pointed out that after all, it takes time for the market to digest all this, and it may be more obvious in two or three months. With the official opening of Guangzhou Private Financial Street, 65,438+00 new companies have been listed for business in Guangzhou. Before that, there were 15 companies in Guangzhou. Xu Bei believes that at this stage, Guangzhou enterprises are in a stage of "steady rise and good development". There are no more than 200 in Guangdong province, but the coverage rate of districts and counties has reached 9 1%. After comparison, he concluded that there are 88 companies in Shenyang, so even if new companies are added, the market is still not saturated. Liang Huiming said that during this period, although the real economy was more difficult and the demand for loans decreased, the customers of these companies "did not decrease significantly". "There are more and more companies, and there will definitely be competition. Because each company's products and strategies are different and it faces a wide customer base, the first thing to consider is whether it can meet the market demand. " She feels that even if there is some competition, it is difficult for Youcheng Small Loan to cut interest rates. "Only by improving service attitude and speeding up examination and approval efficiency can competition be possible." Guangzhou Folk Financial Street opened 10 days, with an annualized rate of 2 1%. With the official opening of Guangzhou Private Financial Street on June 28th, the "Guangzhou price" of private lending officially met with you. The so-called "Guangzhou price" refers to the expected annualized interest rate charged by the management department of private financial street to companies and guarantee companies inside and outside the street, which is published on the electronic screen in the street after calculation for market reference only. On the whole, it is clear that the expected annualized interest rate of one-year loans of small loan companies should not exceed 23.4%. This kind of restriction has both good and bad sides. Only by grasping the degree can it develop better.

2. What is the highest interest rate of small loan companies?

Generally speaking, the company is determined independently according to its own operating strength and market principles. In today's market-oriented interest rate, interest rate changes are allowed by the market, but the maximum limit cannot be higher than 4 times the bank interest rate in the same period, otherwise it will be. As for the minimum amount, it is 0.9 times the benchmark loan interest rate announced by the People's Bank of China. Different companies and different loan products have different loan interest rates. Sometimes, different people apply for the same product, and even the interest rate is different.

3. What is the highest interest rate of small loan companies?

Generally speaking, the company is determined independently according to its own operating strength and market principles. In today's market-oriented interest rate, interest rate changes are allowed by the market, but the maximum limit cannot be higher than 4 times the bank interest rate in the same period, otherwise it will be. As for the minimum amount, it is 0.9 times the benchmark loan interest rate announced by the People's Bank of China.