Information > Ordinary article > Raiders channel > Unsecured loan >  text

Unsecured loan rates how to charge

Time: 2015-03-20         Source: Financial 360 original         Author: Chen Li

  Unsecured loan, Also known as unsecured loans, orCredit Loans. Do not need any collateral, just proof of identity, proof of income, proof of address and other materials (specific evidence to see what is the bank) to apply for a loan to the bank, the bank is based on individual credit conditions to issue loans, the interest rate is generally slightly higher In a secured loan, the customer can choose the loan life according to the specific circumstances of the individual, and then sign the contract with the bank to be protected.

PersonalCredit loan interest ratesIt is a loan interest rate that an individual executes when using a credit loan based on the actual situation of the individual. The most intuitive factor affecting the personal credit lending rate is the condition of the individual, especially the individual's normal credit history. If individuals in the past often use credit card spending, and repay each time in full and adequate, it will give the bank a good impression and generate the relevant credit records stored in the bank's database, the bank in the processing of credit loans, Will be from the database to check personal credit status, in order to decide whether the loan and the loan is what kind of a personal credit loan interest rates. As the risk of credit loans is often large, the actual personal credit loan interest rate must be higher than the benchmark bank lending rate over the same period. There is also a personal credit loan amount is generally not too high, the loan period can not be too long, so more suitable Urgent need for a small amount of personal funds.

Personal credit loan interest rate is the bank charge personal credit loan credentials, the amount of interest directly affected by the loan interest rate, whether banks or individuals are required to charge interest on this interest rate or interest payments, especially individuals, must pay interest on time Otherwise, it will adversely affect the credit.

【Exclusive Articles and Disclaimer】 Any work that is marked "Melt 360 Original", without the written authorization of Melting 360, shall not be reproduced, excerpted or used in any other way by any of the above works. Have been authorized in writing, indicate the source of financial 360. Anyone who violates the above statement and infringes upon the legitimate rights and interests of Rong 360 will be investigated for legal liability according to law. Materials and conclusions in the works are for reference only and do not constitute operational recommendations. For written authorization, please email: academy@rong360.com

Comment lists (User reviews only users to express their opinion, does not mean that this site agree with their views or confirm their description)
you may also like
  • Business unsecured loans easier? Procedures and interest rates how?  Business unsecured loans easier? Procedures and interest rates how? As the number of lenders in the market increases, it is easy for businesses to think of unsecured loans when there is a difficulty in working capital. Then compared with the business owner to apply for personal unsecured loans, businesses can not resist ...
  • How much does a unsecured loan cost?  For some unsecured loan products, applicants need to pay not only interest. Some banks or lending agencies charge management fees, one-time costs, are loans need to pay the cost. Take an unsecured loan from a small loan company as an example ...
  • How personal credit affect unsecured loans?  In recent years, the role of personal credit has become increasingly important. In unsecured loans, credit history becomes the key to availability of a loan. So how does credit affect unsecured loans? It is reported that the credit history is collected by the People's Bank of China personal credit rating agencies ...
  • How to get large unsecured loans  No need to provide collateral, but also get a large loan, which is the ideal solution for many people's hearts. However, unsecured loans have limited credit lines and at most only about 10 times the monthly income of borrowers, so how to get large unsecured loans has become ...
  • How to successfully apply for unsecured loans?  With the propelling consumer demand concept, unsecured loans soared. However, how to successfully obtain unsecured loans in the present moment when personal qualifications determine the loan outcome has become a challenge that some people now face. However, the problem does not mean no ...