Baidu has money to spend if the loan is more formal. There is also Xiaomi Finance.

Second, how to calculate the interest of China Merchants Bank's lightning loan?

The interest of the lightning loan of China Merchants Bank is calculated on a daily basis, and the interest calculation formula is: interest = the daily interest rate of the loan principal; The daily interest rate of China Merchants Bank's lightning loan is 0.042% (different users have differences). If the user borrows 10000 yuan for 30 days, the interest generated is100000.042% 30 =126 yuan, which is still relatively high. Users can decide the loan amount according to their actual situation.

The maximum amount of China Merchants Bank's lightning loan is 300,000, but it was relatively low at the time of the first loan. With the continuous use of users, the loan amount will gradually increase. Users can apply for loans through China Merchants Bank Mobile Banking, all online.

Users need good credit information when handling loans. It is best for borrowers to handle such businesses as deposit, financial management, easy receipt and payment, and payroll. After borrowing from China Merchants Bank's lightning loan, it can be repaid in advance, which can save interest expenses and facilitate subsequent borrowing.

The loan handled by China Merchants Bank's lightning loan cannot be overdue, because after overdue repayment, the bank will collect it. The common collection method is to call the borrower. Moreover, after overdue repayment, personal credit information will be affected, and subsequent car loans or mortgages will be rejected by banks.

The above is what Bian Xiao shared for you about how to calculate the interest of China Merchants Bank's lightning loan. More information can focus on the construction industry and share more dry goods.

Third, how to calculate the interest on bank loans?

Calculation method of bank loan interest: 1. There are two ways to repay by installments: one is equal principal and interest, and the other is average capital.

The specific formula is as follows:

Matching principal and interest: monthly repayment amount = [loan principal × monthly interest rate ×( 1)]÷ repayment months.

Average capital: monthly repayment amount = (loan principal/repayment months) (repayment interest rate.

Generally speaking, the interest rate formula for calculating interest mainly includes:

Monthly interest rate = annual interest rate/12, daily interest.

According to different repayment methods, the algorithm of interest is also different, but the basic algorithm is as follows:

Current month loan interest = the monthly interest rate of the remaining loan principal last month.

Principal paid in the current month = repayment amount in the current month-loan interest in the current month.

The rest from last month.

Equal principal and interest repayment method: that is, the sum of loan principal and interest is repaid in equal amount every month. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So that every

Average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly during the whole repayment period, and pays off the interest of the previous loan. .

Pay interest on a monthly basis, and repay the principal at maturity: that is, the principal of the loan [applicable to loans with a term of less than one year (including one year)], with daily interest on the loan and monthly interest repayment.

That is, the borrower applies to the bank, and the loan amount is generally an integer multiple of 1 0,000 or 1 0,000. After the repayment, the loan bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment year will come.

Repay all the loans in advance: that is, the amount that the borrower has proposed to the bank, and then repay the loans and go through the corresponding cancellation procedures.

Borrow and pay back: interest is calculated daily after borrowing, and interest is calculated daily. You can pay the money in one lump sum at any time without any penalty.