News > General article > Raiders channel > Microfinance >  text

The difference in repayment methods for small loans for different groups of people is so great!

Time: 2017-04-19         Source: Home Finance Manager Network         Author: Nanshan

Online loan platforms are constantly emerging, and people are borrowing more and more channels. In order to meet the needs of different groups of people, loan products are also full of tricks. It is worth noting that different people's repayment methods are different. So, which kind of repayment method is more suitable for those who apply for microloans? Today, I will introduce it to you by Rong 360 Xiaobian (chuqiankuai).


First, the income of the stable population

Users with stable income can use the same amount of principal to make repayments, and the borrower can reduce the financial burden as the repayment period increases. During the repayment period, the principal that needs to be repaid is equalized, that is, the principal amount of the same amount and the remaining loan are repaid in the month, so the monthly repayment amount is fixed. The longer the repayment period you choose, the more interest you will have to pay, but it will reduce the monthly financial pressure on such people.

Second, the population with high income

Users with high incomes can repay on a quarterly basis, and each quarter is divided into three months, that is, the user pays off the arrears for three months at a time in each quarter, and the monthly repayment pressure does not exist. However, the financial pressure required for each quarter is very large, so it is more suitable for people with high monthly income.

Third, the population with low income

Low-income users can use the two-week repayment method to plan for the borrower to repay the arrears every two weeks. This repayment method can help users save some of the use of the loan principal, so the interest to be paid will be reduced; there is also a way to shorten the loan period by early repayment, and all the payments for each period after one-time payment in advance, may not be needed. After the interest, the user saved a lot of money. However, not all lending institutions can repay in advance, so users should consult with relevant personnel before applying for loans.

The above is the repayment method for different groups of people applying for small loans. I hope that through the introduction of Xiaobian (chuqiankuai), different income groups can help them choose the right repayment method, and they can pay off their debts on time and maintain good personal credit. .

Urgent use of money? We have reviewed hundreds of microfinance products! Pay attention to the WeChat public account "fast money" (ID: chuqiankuai), reply to "emergency money", no longer afraid of borrowing money.


[Exclusive Manuscript and Disclaimer] Any work, such as "360 Original", without the written authorization of 360, may not be reproduced, extracted or otherwise used by any unit, organization or individual. If you have been authorized in writing, please indicate the source of 360. Anyone who violates the above statement and infringes on the legal rights and interests of Rong 360 shall be investigated for legal responsibility according to law. The materials and conclusions in the works are for user's reference only and do not constitute operational recommendations. To obtain written authorization, please send an email to:

Comment list (user comments are only for users to express their personal views, does not mean that the site agrees with its views or confirms its description)
you may also like
  • Is there a difference in the way people repay for different types of loans?  With the development of the online loan platform, there are more and more ways to handle the loan business. There are different borrowing products for different groups of people, and different people have different ways of repayment. For the small loan application, which kind of repayment party should be used by users of different groups...
  • The number of overdue days is different, and the consequences are so different!  In today's society, almost everyone is using a credit card. However, do you know if there is an overdue record in the credit report, what effect does it have on you? The difference between the overdue one day and the overdue 90 days is different! 01 Personal Credit Report Credit Information is a professional, independent third...
  • The interest is the same, the result is very different, please pay attention to your repayment method.  Since the upgrade, many people who have not yet obtained loans have realized the difference between the equal principal amount, the equal principal and interest, and the three types of repayment methods. Careful card friends found that their loan has been upgraded. While the amount of happiness has risen, they have found that the total amount of interest is long, Ming...
  • The difference in the welfare of different card types is so large, I feel that my credit card is white!  All said that the three people must have a great god! Three people who play cards must be Puka, some are gold cards, and some are worthy of holding thighs, they must be platinum and black cards! Have a card friend baby asked Ka Ge: What are the differences between these cards? How should we choose to handle it? ...
  • Different home loan methods vary greatly  After signing a good purchase contract, you should apply for a home loan. So for individuals, which loan method should you choose? The following is an introduction to provident fund loans and commercial loans and portfolio loans. You can choose according to your actual situation...