With the progress of science and technology and the continuous investment in financial technology and smart finance, Paipai Loan has developed a "magic mirror" big data risk control system that integrates advanced technologies such as big data, cloud computing and artificial intelligence. At the same time, big data analysis and artificial intelligence as the core technology are also applied to loan review, risk control, precision marketing and intelligent customer service. It makes it easier for customers to check how high their auction loan interest is and provides a faster audit speed.
How high is the interest on loan auction? The consumption concept of contemporary young people is very different from that of the past. They can drink 40 cups of milk tea every day, and 8 yuan of fruit can save money. They don't need to buy 50-cent plastic bags when shopping in the supermarket. 1000 yuan idol concert said that you can borrow 10 yuan's video members after watching it. No matter how expensive it is, they are willing to buy dog food and cat food. When they eat instant noodles and a sausage, they still feel extravagant. clothes
Related Q&A: Is the interest on faster loan high? How much interest should I pay if I borrow 10 thousand yuan a month? Tall man. If you borrow 1 10,000 a month, you have to pay the interest of 100.
According to the product introduction of Paipai Loan, the comprehensive annualized interest rate of the platform is between 9%- 15.4%, but the final interest rate is subject to the approval result, because generally speaking, the annual interest rate is related to the credit qualification of loan users. The comprehensive annualized interest rate refers to all repayment/down payment principal except the principal.
That is, if the user borrows 10000 yuan from the auction loan platform, the annualized interest rate for approval is 10%, and the borrowing time is one year, the interest is expected to be paid10000 *10 *1=10000.
Tips for loan application:
1. Invite friends to help: Inviting your friends to help, evaluating or bidding is priceless for gaining more people's trust. Be sure to improve your credit rating and make others more credible.
2. If no one cares about your loan list, you can build your own group, post, leave a message, etc. In the community, but don't publish the same content repeatedly, which will leave a bad influence on other users (lenders). Auction loan provides a "loan list publicity group" for borrowers. Never publish insulting language or words that hurt others.
Related questions and answers: Does the loan handling fee exceed 36%? Thank you for inviting me. Your loan interest rate is as high as 44.04%! ! ! It's too high.
1, this is long overdue. Why is the loan interest so high? ? According to the information provided by the subject, the total loan is 2390 yuan, the total repayment amount is 45 1.04*6=2706.24 yuan, and the interest is 3 16.24 yuan. At first glance, the interest seems very low, but because you are paying back the money every month, the principal is gradually decreasing, so the interest is actually very high. Please borrow the calculator for the bank loan.
2. So your loan is undoubtedly usury, much higher than 24%. You can protect your legitimate rights and interests through relevant means at the first time, but now you have been waiting for so long, it is estimated that it is another bad debt. It may also be because your loan amount is small and the collection cost is relatively high, so you didn't take further measures.
But in any case, 4097 doesn't need to be returned. Of course, it's impossible not to pay it all back. I think you can emphasize that the other party didn't tell you that you were a usurer at first, and even maliciously induced you by propaganda means such as low interest rates. Maybe you can finally get rid of more than 24%.
Good luck! I suggest you learn some simple knowledge in the future, even the interest rate will not be counted. To put it bluntly, you deserve to be cheated.
Welcome to pay attention and communicate together.