Compared with the interest rate of 0.05% on Weili Loan and 0.75% on credit cards, the interest rate of 0.75% on credit cards is higher.
Weili loan interest rate=0.05%,
Credit card interest rate=0.75%
0.05%<0.75%
With a principal of 10,000 Yuan as an example,
The interest of Weilidai=10000*0.05%=5 (yuan)
The interest of credit card=10000*0.75%=75 (yuan)
< p>So there are credit cards that are 0.75 percent higher.Extended information:
Loan precautions:
1. The information provided to the bank must be true, and the personal address and contact information must be accurate when changing. Notify the bank in time;
2. The purpose of the loan must be legal and compliant, and the transaction background must be true;
3. Choose a loan that suits you based on your repayment ability and future income expectations. Payment method;
4. When applying for a loan amount, you must act within your ability. Usually, the monthly repayment amount should not exceed 50% of the total household income;
5. Read the terms of the contract carefully and understand yourself rights and obligations;
6. Repay on time to avoid bad credit records;
7. Do not lose the loan contract and IOU. For mortgage loans, do not lose money after paying off the loan. Forgot to cancel the mortgage registration;
8. Early repayment must be communicated with the bank one month in advance before it can be processed.
9. When applying for commercial loans for foreigners, banks generally require borrowers to have a stable income in the local area and to go to the place of residence to issue a household registration certificate (some banks also require an office certificate); while house purchase guarantees The company's requirement for foreigners is that they must have local income and apply for a temporary residence permit.