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What are the pitfalls of interest-free car loans in 2020?

As the income of friends increases, many people want to get a car. At present, many platforms have car loan services, and qualified people can handle it according to their own needs. Some platforms have launched so-called Car loans are free. Next, the editor of Jintou will introduce the free loopholes in 2020 car loans

Car loans cannot really be exempt from interest. Even if no interest is required, the platform will definitely charge other fees. The total profit is based on each There are many ways to recover from the borrower. For example, if you choose a 12-term loan for a car worth 100,000 yuan, pay 9,500 handling fees and management fees, and repay a few thousand yuan of principal every month, the conversion interest rate will definitely not be low.

< p> In addition, many car loan platforms will appear when you search online, and newcomers will not distinguish between formal and truly reliable things. Therefore, when applying, you must understand the situation of the platform in advance. Because the interest rates of car loan institutions are quite high. In addition, Relevant laws and regulations do not allow the collection of fees other than loan interest.