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Why is the interest on bank loans so high?
The annual interest rate of bank credit loans is about 10%, which is not high.

Unsecured credit loan information:

(1) Provide personal identification information, including ID card, residence permit, household registration book, marriage certificate and other information;

(2) Provide stable address, house lease contract, water and electricity bills, property management and other related information;

(3) provide a stable source of income, bank running list, labor contract, etc.