It is reported that according to the agreement between the two parties, the loan amount is 90,000 yuan, the term is 24 months, the loan interest rate is 7.4%/ year, and the repayment method is equal month (4,434 yuan). The monthly interest is 684 yuan, and the holographic interest for 24 months 164 16 yuan. After paying 12 months, she wants to repay in advance. But the system shows that even if she repays 12 months in advance, she still needs to pay the interest for the next 12 months, that is, 8892 yuan. In this way, the real interest rate of Ms. Qian's loan has reached 18.24%.
At present, advertisements of various lending apps are all over the network. Most of these advertisements are called "low interest rate, large amount and fast payment", and all kinds of hints and temptations are exciting. Moreover, the registration threshold of these loans is very low. Just enter your mobile phone number and ID number. However, as long as consumers borrow money, they will find themselves trapped. The so-called low interest rate hides various additional conditions. The actual interest paid is actually very high, and they have to pay the hologram in advance. Therefore, it is no accident that 360 lends money to consumers to dig holes.
According to Article 677 of the Civil Code, if the borrower repays the loan in advance, unless otherwise agreed, the interest shall be calculated according to the actual loan period. Therefore, although the agreement of "prepayment with full interest" in 360 IOUs is not illegal, it is a overlord clause if it is not fully prompted and explained to the borrower, and the borrower can claim that this clause will not become the content of the loan contract. According to the Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases issued by the Supreme Law, the upper limit of private lending interest rate is clearly anchored at four times the one-year LPR (loan market quotation). According to the current LPR calculation, the upper limit of judicial protection of private lending interest rate should be about 15%. Theoretically speaking, according to this standard, the part of Internet small loan companies whose interest exceeds 15% is not protected.
However, when consumers encounter such troubles, safeguarding rights is not easy. Because there are no specific provisions on prepayment in current laws and regulations, consumers often lack confidence in safeguarding their rights. If they take the litigation channel, it will not only be a long process, but also consume a lot of time and money. Therefore, when most consumers encounter similar traps, they can only "bite their teeth and swallow". Just like Ms. Qian in the news, she finally chose to continue the loan.
App is "easy to borrow" but "difficult to repay", which brings high interest rate costs and should be paid attention to. In such a digital game, consumers are obviously not merchants, but this does not mean that such commercial scams should be allowed to continue to run rampant. As the lawyer said, "prepayment and holographic payment" are not illegal, but consumers must be fully informed. Relevant financial laws and regulations should further clarify the "full disclosure obligation" of both borrowers and lenders, so that consumers can have rules to follow and defend their rights with more peace of mind after encountering traps.
Previously, illegal phenomena such as campus loans and naked loans have improved under severe blows. Now, in the face of such false propaganda, induced advertisements and high interest rates, the regulatory authorities should also actively act as the strong backing of consumers. For those enterprises that use the lending app to operate usury in disguise and have no bottom line to harm consumers, they should pay the bill in hell; For enterprises that repeatedly investigate and commit crimes and pursue profiteering, their financial licenses should be revoked decisively.
As consumers themselves, they should borrow rationally, not be blinded by dazzling slogans, but should pay attention to risk prevention, especially making decisions on the basis of understanding the additional terms. Consumers must know a common sense, there is no pie in the sky, and the financial industry has never said that "borrowing money is easy." Behind the low-interest gimmick, there is often a "deep pit" with high interest rates. In short, borrowing is risky and spending money needs to be cautious.
Related Q&A: What loan software can be divided into 36 phases? The loan software can make 36 loans:
1. Renren loan: The maximum loan amount is 200,000 yuan. Second-generation ID card, real-name mobile phone number, credit report and debit card are required when applying.
2. Pleasant loan: There are four loan modes: provident fund mode, elite mode, extreme speed mode and life insurance mode. The platform application also needs to check the personal credit report within two weeks.
3. Good-term loan: a credit loan product of joint consumer finance, which can be loaned for up to 60 months. There will be a return visit on the platform, and you need a sesame credit score of 600 or more to apply.
4. Pre-war: 20-60 years old can apply. It should be noted that the loan of Qianzhan is on credit and needs to be repaid on time.
5. Wanda Loan: This loan can only be applied by invited customers. The maximum loan period is 5 years, and the loan amount is1000-200,000.
Related Q&A: What platforms can legally borrow money? Now that internet finance is so developed, there are many online platforms to borrow money!
However, there are many small black platforms, causing many people to fall into routine loans.
When we choose online loans, we must choose the most well-known platform to ensure that our interests are not infringed.
Below I will introduce two platforms that everyone is most familiar with.
Wechat series loan products
Micro-loan, with a quota of 200,000, is a classic of WeChat, with an interest rate of about 0.05%. It is very convenient to arrive at the account in one hour, and you can use it by opening a micro-loan directly on the WeChat wallet port.
Snail Xiaohui, the quota is 300,000. If you are an old WeChat user, you can directly search for this official WeChat account. The interest rate is between 0.02% and 0.05%, so it is very popular.
Turnover, the line is 300,000 yuan, and the interest is 0.02-0.05%. Platinum members and above can use it, but they can't use it without this level.
Alipay series loan products
Borrow money with a line of 300,000. At present, the loan product with the largest number of users has an interest rate of 0.02-0.05%. The higher the sesame score, the lower the interest rate. Alipay users with sesame score of 650 will basically open.
The reserve fund is limited to 500 pounds, free of interest and other fees. You can use it twice a month for 7 days each time. Alipay gold members, users with sesame score above 650 can use it directly.
Online business loan, with a quota of 654.38+00,000, is a special large-sum loan product of Alipay for enterprise users, with the highest amount in the whole network and interest of about 0.05%, which can be repaid at any time, and has been well received by many enterprise users.
Of course, in addition to these two familiar platforms, there are more loan platforms, so I won't list them here. If you want to use them, you should use the best. Advise others not to touch them.