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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 the repayment methods of different groups of people are different, then for those applicationsMicrofinanceWhich kind of repayment method should be more appropriate? Today, I will introduce it to you by Rong 360 Xiaobian (chuqiankuai).

 

First, the income of the stable population

Users with stable income can useEqual principalThe way to repay, the borrower reduces 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;PrepaymentShorten the loan period, and all the money in each period after the one-off payment in advance can save the user a lot of money without the interest. 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 money? We have reviewed hundreds of micro loan products! Pay attention to the WeChat public account "fast money" (ID: chuqiankuai), reply to "emergency money", no longer afraid of borrowing money.

 

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