 Flower, borrow, white, credit card... How to judge the real interest of various borrowed products? After the emergence of Ma Yun Alipay, the mutual gold industry entered the period of dividend outbreak, and various Internet giants launched online credit consumer financial products, such as ants borrowing, microloan, Jingdong white strip, etc., Rong 360 (rongqian360) tells you how to judge various The real benefit of the borrowed product...
 Flower, borrow, white, credit card... How is the real interest calculated? When you receive a loan sales call and there is no calculator at hand, how do you judge at the first time that the value is not worth borrowing, and the actual interest rate is high? The formula is extremely complicated and it is difficult to calculate it at a glance. Related reading But the cost of borrowing money now, probably...
 How to judge the real interest of various borrowed products by spending money, borrowing money, white bars, and credit cards? When you receive a loan sales call and there is no calculator at hand, how do you judge at the first time that the value is not worth borrowing, and the actual interest rate is high? The formula is extremely complicated and it is difficult to calculate it at a glance. But now the cost of borrowing money, probably using two nouns...
 [Explosive materials] real interest of flowers, borrowing, white bars, credit cards! Comparable to usury! @tiamo: Every month, I am working for Ma Yun’s father. The salary is automatically deducted by the flower when it is not hot. @没有如果: Double eleven is about to arrive soon, White does not know why I gave it to me, except for the pickpocket I guess I have not saved. When our shopping cart is full...
 What is the real interest rate of flowers, borrowing, and white strips? How to use it This article is a 360column author, Gong Zibai's original work, which only represents the author's personal views, and does not represent the official position of Rong 360. Nowadays, online shopping is an indispensable part of our daily lives. When your shopping cart is full of things, you find out when you pay...
Do you count the real interest of borrowing, microcredit, and white bars?
Just like every 30 days in a month, I don’t want to go to work. There are always 12 months of insufficient balance every year. At this time, we must especially thank the intimate "Repenting Jack Ma", "Ordinary Family Ma Huateng", "I don't know the wife and beauty Liu Qiangdong", the three kings, the flower buds, the borrowing, the microcredit and the white strips, which brought us out of the heat. Rescue it.
However, will you count the real interest of borrowing, microcredit, and white bars?
Next, let Xiaobian bring everyone together to unveil the mystery of white strips, flowers, borrowings and microcredit.
Jingdong White Strip
White bars borrow money and use the monthly rate to calculate interest rates. This means that no matter how many months you borrow, the monthly money and handling fees are fixed.
The formula for calculating the effective interest rate is:
Monthly rate * number of installments * 24 / (segment number + 1), the current monthly rate of Jingdong white strip is 0.5%  1.2% (month), we use 0.5% as an example, according to the formula to convert it into interest rate.
After 3 months, the actual annual interest rate is 0.5%*3*24/(3+1)=9%;
After 12 months, the actual annual interest rate is 0.5%*12*24/(12+1)=11.07%;
For 24 months, the actual annual interest rate is 0.5%*24*24/(24+1)=11.52%
It is obvious that the singlerate rates are the same, and the impact of different phases on interest rates is still very large.
Ant flower bud
The formula applicable to the flower bud is the annual interest rate = installment rate *24 / (segment number +1)
After 3 months, the actual annual interest rate is 15%;
After 6 months, the actual annual interest rate is 15.4%;
In one year, the actual annual interest rate is 16.2%.
The method of calculating the calyx is the same as the white strip in the form of a rate.
Ant borrowing/network merchant loan
Both lending and online business loans are products of Alipay. The two are not the same as the crowd positioning, and the others are the same. The way of repayment of the two is to adopt the method of equal principal: the monthly repayment is fixed, but the interest is reduced month by month, and the principal is increased month by month. In this repayment mode, the actual annual interest rate can be calculated directly by using the daily interest rate *365.
Assume that the current daily interest rate is five ten thousandths, and the actual annual interest rate is 0.05%*365=18.25%.
Microparticle loan
Microcredit and ants borrow the same way of repayment, and the two are nothing more than the difference between WeChat and Alipay. Microcredit is also a repayment method that uses the same amount of principal. Under the condition of fivequarters of the daily interest rate, the actual annual interest rate is 18.25%.
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