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Gitzo loan, how to calculate the interest rate?
1. Gitzo China is a leading consumer finance provider in China and a wholly-owned subsidiary of PPF, the largest international financial investment group in Central and Eastern Europe. As a supplier of innovative in-store consumer loan business, Gitzo China, headquartered in Shenzhen, provides most ordinary consumers with in-store installment payment within 60 minutes. As long as consumers have a fixed income, they can spend first and then pay, and immediately take away their favorite goods. With professional experience in the field of international consumer finance and emphasis on brand building, the consumer finance products provided by Gitzo China are in line with the domestic policy of stimulating domestic demand and stimulating the economy.

2. The average daily interest rate of Gitzo loan is 0.058%, which is high in the industry. Many people think that this is the interest that big companies should have, but in addition to interest, there are service fees and customer service fees every month. Bian Xiao understands that the current monthly service fee is 0.78%, while the customer service fee is 1.58%. The amount generated by this calculation is not a small amount.

For example, Gitzo loan 10000, the interest generated in one month is10000 * 0.058% * 30+10000 * 0.78%+10000 *1.58%. This does not include service charge and customer service charge.

3. Is the interest rate of Gitzo loan high?

According to the above analysis, the interest of Gitzo loan is still relatively high compared with the industry, and there is also this service fee and customer service fee, which add up to far more than the bank's cash loan, which is exactly where netizens vomit.

Generally speaking, the interest rate of Gitzo loan is still very high. You lenders should never just look at the loan interest rate and ignore the "interest" hidden under the loan interest rate. These service charges are also included in the interest.