You should pay in the last place. Suppose the daily interest rate is r, the principal you borrowed is m, and your final repayment amount is m (1+r) .365. This interest rate is quite high, so don't borrow money easily.
It is not a credit card limit, which bears interest on a daily basis, while a credit card limit is a revolving limit, which means interest-free within a specified time. For example, credit cards can now have an interest-free period of up to 56 days.
Jinbi Card is a debit card, and only when the deposit in the card exceeds the payment amount can the card be swiped successfully. Credit cards belong to credit cards, and there is an overdraft limit. You can spend money without saving money in the card, and the consumption amount does not exceed the prescribed limit. Monthly bills will be generated after consumption. It is ok to transfer money to the credit card before the specified repayment date.
First of all, there are many kinds of personal loans, which are only classified according to whether there is collateral or not, and are divided into mortgage loans and unsecured credit loans. The following is a brief analysis and explanation of these two loans:
1. Unsecured credit loan, which we refer to as credit loan for short, is a pure credit loan issued by the bank to individual customers solely based on the nature of the company, wages, social security accumulation fund, etc. There will also be a concept of consumer loans. Of course, there is no direct difference between these two concepts.
2. Mortgage loan, here mainly refers to housing mortgage loan, and of course there are also vehicle mortgage loans. I won't describe it in detail here. Mortgage loans are divided into mortgage commercial loans and mortgage consumer loans, and the amount of mortgage consumer loans generally does not exceed 1 10,000. Mortgage loan refers to the loan to use personal housing for company operation. As the name implies, a company is required to be established in the name of itself or immediate family members, including husband and wife, parents, children, brothers and sisters, etc. Mortgage can also be divided into primary mortgage and secondary mortgage, that is, mortgage is called secondary mortgage. Let's see how to operate a mortgage:
Valuation, according to the cost of the house, is evaluated by the appraisal agency, including the amount, interest rate, years, etc. You can probably calculate what you can borrow. Face-to-face signing, face-to-face signing in the bank, you need to provide relevant materials such as room books. If there is no company, start to operate the company, such as changing shareholders or legal persons, or newly registered companies. , depending on the requirements of the bank. After the bank approves the loan, the house is mortgaged and notarized. Lending and loan processing are over.