Provident fund loan decoration
After paying the housing provident fund, the borrower can apply for a decoration loan from the housing provident fund management center if he needs housing decoration.
The interest rate of provident fund renovation loan is: the term is less than five years (including five years) and the term is more than five years. The interest rate in this way is very low, and borrowers can use their own funds for investment and financial management, and apply for loans during decoration. In this way, borrowers can easily earn spreads.
Bank decoration loan
Borrowers can apply for renovation loans from banks when renovating. This kind of loan is a product specially designed by the bank for family housing decoration. The loan will be directly credited to the decoration company's account, and the borrower cannot withdraw it.
The renovation loan interest rate of China Bank is determined with reference to the benchmark interest rate of the central bank, which will give some preferential treatment to high-quality customers. For example, the annual interest rate of ICBC's renovation loan is 1 5.76% for three years and 5.85% for three to five years.
Network platform decoration loan
Now there are many loan platforms on the Internet, and these platforms also have decoration loan products. Borrowers only need to provide a few materials, and they can get a sum of money through a simple application process.
As can be seen from the above, the most cost-effective is the provident fund decoration loan, and the highest interest rate is the network platform decoration loan. Friends who plan to borrow money through the online platform can go and have a look. Nearly a hundred varieties, there is always one for you.