1. What do "annual interest 6%, monthly interest 4%, and daily interest 2%" mean?

1. The annual interest rate is 6%, that is, the annual interest rate is 6

2. The monthly interest rate is 4%, that is, the annual interest rate is 0.412=4.8

3. The daily interest rate is 2 cents, that is, the annual interest rate is 0.02365=7.3

4. Banks are one of the financial institutions. Banks are divided by type: central bank, policy bank, commercial bank, investment bank, and World Bank. Their responsibilities are different. Not the same.

5. Central Bank: The People’s Bank of China is the central bank of our country. Responsibilities: A special financial institution that implements monetary policy, conducts macro-control of the national economy, and supervises financial institutions and even the financial industry.

6. Policy banks: including the Export-Import Bank of China, Agricultural Development Bank of China, and China Development Bank. Responsibilities: Equity participation or guarantee, not for profit, specifically to implement and cooperate with the government's social and economic policies or intentions, directly or indirectly engage in policy financing activities in specific business fields, and serve as a role for the government to develop the economy and promote social progress , financial institutions that carry out macroeconomic management tools.

7. Commercial banks: including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Postal Savings Bank of China, Bank of Communications, etc. Responsibilities: Financial institutions that act as credit intermediaries through deposits, loans, exchanges, savings and other businesses. Commercial bank is one of the financial institutions, and it is the most important financial institution. Its main business scope is to absorb public deposits, grant loans and handle bill discounts, etc.

8. Investment banks: including Goldman Sachs Group, Morgan Stanley, Citigroup, Wells Fargo, Societe Generale, etc. Responsibilities: Non-bank financial institutions engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses.

9. World Bank: Used to finance countries to overcome poverty. Each institution plays a unique role in the mission of alleviating poverty and improving living standards.

2. How much is the interest rate for 6 installments of Bank of Communications Haoxiang Loan?

The installment interest rate for 6 installments of Bank of Communications Haoxiang Loan is 0.80. Multiply this by the total amount to be paid in installments to get your monthly payment. Monthly installment interest.

The interest rate for three installments is 0.93, and the interest rate for 12 and 24 installments is 0.72. The above information was obtained by calling Bank of Communications credit card customer service. It cost a lot of phone bills.

Repay after installment. The amount will be reduced and will not be restored. Unless you apply to re-obtain the quota.

3. Has anyone borrowed money from the Bank of Communications? Is the interest rate high?

Regarding the Bank of Communications, the conditions and individuals required for the interest are all from which you can get the relevant loan amount. Yes, only in this way can we ensure that we can replace it with a loan