If the subject is a lender, you should pay attention.
(1) Pay attention to the borrower's reputation and repayment ability. First of all, we should look at each other's fixed assets, economic income and so on. And judge whether it has repayment ability; Second, it depends on each other's usual behavior and word of mouth. If the borrower has the experience of borrowing money and not paying it back, he must resolutely refuse. Don't lend money to others blindly because you earn interest or are embarrassed to refuse, otherwise you will eventually suffer.
(two) the establishment of the loan relationship must have a loan contract or receipt. Regardless of human feelings, relationships and other factors, the borrower must write down the contract or loan note in person, indicating the borrower, loan amount, purpose, interest rate, repayment time, etc. , and sign, each party holds one copy, and keep it properly.
(3) The borrower's borrowing purpose should be legal. The state law does not protect borrowers from borrowing money knowing that it is used for gambling, drug trafficking, drug abuse and other illegal activities. As the saying goes, a gentleman gathers money and takes it properly. When borrowing money, don't just look at personal gains and losses, lend money to people who violate the law and discipline.
(four) the loan interest rate should be reasonable and legal. The interest rate of private loans may be appropriately higher than the bank interest rate, but it shall not exceed 4 times of the bank loan interest rate in the same period. At the same time, interest shall not be included in the principal to calculate compound interest, which is often called "rolling interest". Excess interest and compound interest are not protected by law. Therefore, the interest rate negotiated between borrowers and lenders should be within the legal scope.
(five) if the amount is relatively large, the guarantee and mortgage procedures shall be fulfilled. To be on the safe side, for large loans, the borrower had better find a guarantor or guarantee unit with certain economic strength. If necessary, the borrower can also use personal property such as certificates of deposit, bonds, motor vehicles and real estate as collateral to improve the guarantee or mortgage procedures. In this way, if the borrower can't repay the debt, he can claim the loan from the guarantor, or he can legally offset the loan with collateral.
If the subject is the borrower, you should pay attention.
Note 1: Do you meet the loan application conditions?
Nowadays, private lending is becoming more and more formal, which is generally concentrated in six aspects: first, age; The second is the work situation (about your income); The third is assets (garage or not); The fourth is the credit situation (mainly depending on the overdue records of credit information and liabilities); Fifth, occupational or industrial restrictions.
Note 2: Are the materials ready?
After reading the loan application conditions, it is relatively simple to prepare the materials. Collect four sets of loans: personal ID card, work certificate, punch card salary and personal credit report, and you can almost summon the credit manager.
Work certificate, which can be a labor contract or an official seal issued by the unit, varies according to organizational requirements;
2. Generally, it is required to pay by punching in for 6 months in a row, and only 3 months at least.
Note 3: The loan amount should be reasonable.
As we all know, the personal loan amount is generally 10 times of the monthly income. Most people are concerned about whether institutions can give me a higher loan amount, without calculating how much loans they need.
Have you calculated that the higher the loan amount, the more the loan interest and the greater the repayment pressure?
How to control the loan amount within a reasonable range? Be sure to make a budget before applying for a loan. The loan amount can be increased by 65,438+00% on the basis of the budget. Beyond this limit, you may have to pay for your irrationality.
Note 4: Ask the total interest of the loan.
I believe you must have seen many advertisements for "zero-interest car purchase" or "zero-interest loan". The stunt of zero interest rate is getting bigger and bigger, attracting a lot of attention, but is zero interest rate necessarily cheap?
Zero interest rate ≠ zero interest, the two must not be confused. The so-called zero-interest loan products generally transfer interest to fees, guarantees and other items. After careful calculation, it is not necessarily cheap;
It doesn't matter if you don't know the calculation formula of interest. You can directly ask the credit manager 1 year how much the loan costs, and the sum is the total interest, so that you can clearly see whether your loan is cost-effective.
Note 5: Repayment on time should not be overdue.
After passing the audit, we can't take it lightly until the last loan is paid off. This is a satisfactory loan process. Therefore, it is particularly important to repay the loan on time. Once overdue, it will not only be recorded in the credit report, but also the loan and credit card application will be affected in the future, and you will also encounter penalty interest.
Remember the monthly repayment amount and time, set an alarm clock, and pay back the arrears on the first day of each repayment date; Or bind your own salary card and repay it yourself.
Note 6: Is there a penalty interest for prepayment?
What? Is there a penalty interest for prepayment? I believe that when I read these words, I have raised a bunch of black question marks in my heart. All I know is that if I don't pay it back within the time limit, I will pay a penalty. Do you want to pay off the loan in advance?