The latest benchmark interest rate for bank loans is: within one year, the interest rate is 4.35%; 4.75% for one to five years; The loan interest rate for more than five years is 4.9%. The annual interest rate of bank loans is low, but the threshold is high, so many people will borrow on the online lending platform now, but this lending platform usually gives the daily interest rate or the monthly interest rate, so how to calculate the annualized interest rate of loans?
Annual interest rate calculation formula: monthly interest rate × 12 months = daily interest rate ×360 days (360 days per year) = annual interest rate. Calculated by the daily interest rate of 0.05%, the annualized interest rate =0.05%×360 days = 18%. Loan 10000 yuan, annual interest rate 18%× 10000 yuan = 1800 yuan.
The above contents are for reference only, and no loan suggestions are made. Online lending is risky, so choose carefully!
I suggest you take the money from Xiaoman Finance (formerly Baidu Finance) to get a loan. The borrower only needs to provide the second-generation ID card and bank card, and the age must be between 18-55 years old. The approval is very fast, as long as 30 seconds at the earliest, and the loan funds can be received in 3 minutes at the earliest. The maximum loan is 200,000 yuan, and the minimum daily interest rate is 0.02%.
Xiaoman-Rich Flowers (the second batch) Click online measurement.
Reminder: Try to withdraw cash in full after the quota is issued, because risk control is dynamic. Now the loan is not enough. If there is demand, it is best to withdraw it in full. Support early settlement of repayment after the first installment.
Many people don't have enough money to spend. You can try the following two platforms, which are also relatively formal licensed financial institutions! The audit is relatively less strict! 360 IOU is the financial service of 360 antivirus software, and installment music is owned by Lexin, both of which are big companies.
360 IOUs, with a maximum loan of 200,000!
Click online measurement
Staging music can be borrowed up to 50 thousand!
Click online measurement