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What is a private personal loan?
problem:Rong 360 loanExpert, hello! What is the folk?personal loan?
Rong 360 loan expert reply: Hello!
Private loans are different from traditional onesBank loanThat is, a form of credit activity that borrows monetary funds through non-governmental organizations or enterprises according to the agreed interest rates and the conditions that must be returned. The lenders will release the concentrated currency and monetary funds through loans, which can meet the short-term capital needs of the lenders and promote economic development. At the same time, the lenders can also earn intermediate income and earn profits.
A private loan must have an appointment and a promise, as long as the agreement is not illegal, and the agreed interest rate must not exceed four times the bank's legal interest rate.
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