5 1 personal loan is a cash loan product launched by 5 1 credit card (Hangzhou Enniu Network Technology Co., Ltd.), which provides customers with pure credit, pure online, unsecured and high-amount loans. You can apply by credit card and lend money on the same day at the earliest.
Tips:
The content is for reference only, lending is risky, so you need to be careful in your choice.
If you need funds, you can also consider a loan from Ping An Bank. Ping An Bank has launched a variety of loan products, with different loan requirements, interest rates and handling procedures. Among them, the new one-loan credit loan is unsecured, unsecured, simple in procedures and fast in approval, with a quota of 300,000-500,000, and the age requirement is 23-55 years old. You can log in to Ping An Pocket Bank APP- Home-Loan to understand and try to apply.
Response time: 2021-11-17. Please refer to the latest business changes announced by Ping An Bank in official website.
5 1 Is the cash man on the loan platform formal?
Hello, the 5 1 loan platform is reliable. 5 1 personal loan is a personal product of 5 1. 5 1 The interest on personal loans is generally around 0.04%, calculated on a daily basis. How many days do you borrow, even how many days of interest? 5 1 loan is a formal platform.
Where is the most reliable and direct payment method? Compared with other loan methods, online lending platform is convenient to apply for loans and fast to lend. However, when applying for online loans, we should pay attention to choosing a formal platform, which can better protect personal interests and information security. At the same time, be careful not to pay the pre-loan fee to avoid being cheated.
I recommend you to use Youfuhua (formerly Baidu Youfuhua, renamed Youfuhua in June 2008+2065438), a credit service brand owned by Duman Finance. Big brands are reliable and interest rates are low. Easy to get a full loan, the maximum loan amount is 200,000 (click the official free test amount), and the daily interest rate is as low as 0.02%. It has the characteristics of simple application, low interest rate, fast loan, flexible repayment, transparent interest and expenses, and strong security.
Share with you the application conditions for rich flowers: the application conditions for rich flowers are mainly divided into two parts: age requirements and information requirements. 1. Age requirement: 18-55 years old. Special note: if you have money, you will refuse to provide installment loans to college students. If you are a college student, please give up the application. 2. Information requirements: You need to provide your second-generation ID card and my debit card during the application process. Note: the application only supports debit cards, and the application card is also your loan bank card. My identity information needs to be the second-generation ID card information, and cannot be processed with temporary id card, expired ID card or first-generation ID card.
How to calculate the interest of 5 1 credit? The specific method is clear at a glance!
At present, there are various types of online lending platforms, and the calculation methods of interest vary widely. Therefore, when applying for a new platform, many people always need to know in advance how the interest of the platform is calculated. Recently, many people are asking how to calculate the interest on 5 1 personal loans. Here, I will introduce you to the specific calculation method.
According to what we know, the interest on 5 1 personal loan is charged monthly, and the specific monthly interest rate is related to the borrower's comprehensive credit situation. On the application page, you can see the repayment amount of each installment, including loan interest.
After applying for a loan successfully, the loan principal, loan interest and loan expenses that each person should repay in each installment are as follows:
Amount payable in the first installment = amount of audit service fee payable in the current month.
Repayment amount of each installment = contract amount/number of installments of contract amount × monthly interest rate.
explain
If the monthly interest is 2% from 5 1 loan 100000 yuan, then the loan interest generated in each period is 100000×2%=2000 yuan. In addition, everyone has to pay a certain audit service fee in the first phase.
Early repayment
For friends who choose to repay in advance, there may be a certain handling fee when settling in advance. The calculation formula of prepayment principal, interest and expenses is: prepayment fee = the amount payable in the current period plus the possible handling fee for the remaining unpaid amount.
overdue repayment
For friends who are overdue in repayment, they also need to pay overdue penalty interest on a daily basis. Generally speaking, the overdue penalty interest of 5 1 personal loan is much higher than the normal loan interest.
Above, I introduced how to calculate the interest of 5 1 personal loan, hoping to let everyone know the normal loan interest. How to calculate the interest of prepayment and overdue repayment respectively?
Borrowed 48,000 yuan from 5 1 Easy Loan, and paid 78,000 yuan in 24 installments. How to calculate the interest?
The loan is 48,000 yuan, and 78,000 yuan will be repaid in 24 installments. The interest is 30,000 yuan, and the annual interest rate is 3 1.25%.
According to the meaning of the question, the loan principal is 48,000 yuan, and the repayment period is 24 months or 2 years.
The final total principal and interest is 78,000 yuan, so the interest = 78,000-48,000 yuan = 30,000 yuan.
According to interest (year) = principal × annual interest rate (percentage) × loan term,
Then annual interest rate = interest (year)/principal/loan term.
So the annual interest rate = 30000/48000/2100% = 31.25%.
Therefore, the loan is 48,000 yuan, and 78,000 yuan will be repaid in 24 installments. The interest is 30,000 yuan, and the annual interest rate is 3 1.25%.
Extended data:
Influencing factors of interests
1, central bank policy
Generally speaking, when the central bank expands the money supply, the total supply in loanable funds will increase, the supply exceeds demand, and the natural interest rate will decrease accordingly; On the contrary, the central bank implements a tight monetary policy, reducing the money supply, so that loanable funds's demand exceeds supply, and interest rates will rise accordingly.
2. Price level
Market interest rate is the sum of real interest rate and inflation rate. When the price level rises, the market interest rate also rises accordingly, otherwise the real interest rate may be negative. At the same time, due to rising prices, the public's willingness to deposit will decrease, while the loan demand of industrial and commercial enterprises will increase. The imbalance between deposit and loan caused by loan demand exceeding loan supply will inevitably lead to an increase in interest rates.
3. Stock and bond markets
If the securities market is on the rise, the market interest rate will rise; On the contrary, interest rates are relatively low.
4. International economic situation
Changes in a country's economic parameters, especially changes in exchange rates and interest rates, will also affect interest rate fluctuations in other countries. Naturally, the rise and fall of the international securities market will also bring risks to the interest rates faced by international banking business.