Which online loan is CITIC Baixin Bank
CITIC Baixin Bank is an Internet bank jointly established by China CITIC Bank and Baidu. It was approved by the China Banking and Insurance Regulatory Commission on November 18, 2017. Officially opened. If the loan lender shows CITIC Baixin Bank, then the loan platform for this loan is Baixin Bank. Baixin Bank's consumer credit product is Haohuihua, with a maximum credit limit of 200,000, which supports borrowing and repaying at any time.
CITIC Baixin Bank (full name "CITIC Baixin Bank Co., Ltd.") is the first approved direct-selling bank in the form of an independent legal person. It was jointly launched by CITIC Bank and Baidu.
Repayment method
(1) Equal principal and interest repayment: that is, the sum of the loan principal and interest is repaid in equal monthly installments. Housing provident fund loans and commercial personal housing loans from most banks adopt this method. In this way, the monthly repayment amount is the same;
(2) Equal principal repayment: that is, the borrower will evenly distribute the loan amount to repay each period (month) during the entire repayment period, and pay the same amount at the same time. A repayment method that clears the loan interest from the previous transaction day to the current repayment date. In this way, the monthly repayment amount decreases month by month;
(3) Monthly interest payment and principal repayment on maturity: that is, the borrower repays the loan principal in one lump sum on the loan maturity date [with a period of one year] Applicable to the following (including one year) loans], the interest on the loan is calculated on a daily basis, and the interest is returned on a monthly basis;
(4) Repay part of the loan in advance: that is, the borrower can apply to the bank to repay part of the loan amount in advance , the general amount is 10,000 or an integral multiple of 10,000. After repayment, the loan bank will issue a new repayment plan, in which the repayment amount and repayment period will change, but the repayment method will remain unchanged. And the new repayment period shall not exceed the original loan period
(5) Repay the entire loan in advance: that is, the borrower applies to the bank to repay the entire loan amount in advance. After repayment, the lending bank will terminate the loan. loan and go through the corresponding cancellation procedures.
(6) Borrow and repay at any time: The interest after borrowing is calculated on a daily basis, and one day is used to calculate the interest. You can settle the amount in one go at any time without penalty
Interest rate
(1) Interest rate
The ratio of interest to the total amount of loan funds within a certain period is the loan Expression form of price. That is: interest rate = interest amount/loan principal
Interest rate is divided into daily interest rate, monthly interest rate and annual interest rate.
The lender determines the loan interest rate with the lending bank based on the benchmark interest rate and interest rate floating space announced by relevant laws and regulations of various countries.
(2) Benchmark interest rate
The benchmark interest rate is a universal reference rate in the financial market. Other interest rate levels or financial asset prices can be determined based on this benchmark interest rate level. Benchmark interest rate is one of the important prerequisites for interest rate marketization. Under the conditions of interest rate marketization, financiers measure financing costs, investors calculate investment returns, and management regulates the macro economy. Objectively, a generally recognized benchmark interest rate level is required as a reference. Therefore, in a sense, the benchmark interest rate is the core of the interest rate marketization mechanism. To put it simply, if you usually deposit money in the bank, it will give you interest. The larger the base interest rate, the more interest; the smaller the base interest rate, the smaller the interest.
How to get the lowest bank loan interest rate
1. Choose the bank with the lowest interest rate to apply for a loan
Although the central bank has issued a benchmark interest rate, the interest rates of all banks will be the same. The base interest rate is raised, and the specific circumstances of the increase vary from bank to bank. Therefore, in order to obtain the lowest bank loan interest rate, you must “compare three loans” and then choose the bank with the lowest interest rate.
2. Pay attention to personal credit information and maintain good credit information
Bank loan interest rates are calculated through computers based on personal credit information, income, work and other information. When other circumstances cannot be changed, we can only maintain a good credit score and try to pay off credit cards on time to avoid overdue payments.
Which loan platform is Baixin Bank?
Baixin Bank is an Internet direct sales bank jointly established by China CITIC Bank and Baidu. It has no physical branches and mainly conducts business through remote channels such as computers, mobile phones, and telephones. Its main There are digital financial products such as Haohuihua, Wallet Plus, Baidu QuickPass Card, Xiaojingxi, Baikedai, Baishangdai, Baixingdai, and Baipiaotie.
1. In November 2014, Baidu and China CITIC Bank launched the CITIC Baidu Tieba approved credit card, and simultaneously launched the "3D Financial Service Hall" in Baidu Tieba to provide online finance and payment for hundreds of millions of Tieba users. Serve. Baidu and CITIC Strategic Cooperation In February 2015, Baidu announced a major organizational structure adjustment, integrating Baidu's existing business groups and divisions into three major business groups: mobile services group, emerging business group, Search for business groups. The three major business groups all have financial services, and Baidu Financial Division is one of the six divisions in the emerging business group. The business of Baidu Financial Division is divided into two parts: Baidu Youqian and Baidu Small Loans. "Baidu Youqian" is its core product, mainly engaged in consumer finance, among which education credit is a more important sector. "Baidu Small Loan" provides financial services to Baidu's corporate users.
2. On November 17, 2015, China CITIC Bank announced that it planned to cooperate with Baidu to jointly establish a direct selling bank. The direct selling bank was planned to be named "AiBank Co., Ltd." and registered The capital is 2 billion yuan, controlled by China CITIC Bank, details to be determined. On November 18, 2015, CITIC Group and Baidu jointly announced at the Diaoyutai State Guesthouse that the two parties had reached a strategic cooperation. CITIC Bank, a subsidiary of CITIC Group, and Baidu initiated the establishment of a direct bank, Baixin Bank Co., Ltd. On January 5, 2017, China CITIC Bank and Baidu (Fujian Baidu Borui Network Technology Co., Ltd.) received approval from the China Banking Regulatory Commission and agreed to establish CITIC Baixin Bank Co., Ltd. in Beijing. The approval document shows that in the Baixin Bank that was approved to be established this time, the shareholding ratios of China CITIC Bank and Baidu are 70 and 30 respectively. Baixin Bank will carry out direct banking business in the form of an independent legal person.
3. Baixin Bank Co., Ltd. is China’s first independent legal person direct-selling bank. “Direct-selling bank” has appeared in China since 2013. Since September 2013, China Minsheng Bank and Bank of Beijing have successively launched direct banking services, and more than 20 domestic banks have launched direct banking services. The main difference between direct banks and existing banks is that they have no offline branches and provide financial products and banking services through the Internet without time and geographical restrictions. This is a strategy adopted by traditional banks to cope with the challenges of Internet finance. Baixin Bank - an independent legal person direct bank, can make the direct bank business develop faster. It turns out that within the traditional banking system, the business of direct selling banks conflicts with the traditional business of banks, and there are certain obstacles to business advancement. However, the establishment of a separate direct selling bank can have institutional advantages. Which online loan is CITIC Baixin Bank?
AiBank is an Internet bank jointly established by China CITIC Bank and Baidu. It was approved by the China Banking and Insurance Regulatory Commission and officially opened on November 18, 2017. If the loan lender shows CITIC Baixin Bank, then the loan platform for this loan is Baixin Bank. Baixin Bank's consumer credit product is Haohuihua, with a maximum credit limit of 200,000, which supports borrowing and repaying at any time.
CITIC Baixin Bank (full name "CITIC Baixin Bank Co., Ltd.") is the first approved direct-selling bank in the form of an independent legal person. It was jointly launched by CITIC Bank and Baidu.
If you have capital turnover needs, it is recommended that you use Youqianhua. Youqianhua is a credit service brand under Duxiaoman Financial (original name: Baidu Youqianhua, changed its name to "Youqianhua" in June 2018 "), big brands are reliable, have low interest rates and are trustworthy. Youqianhua-Manyidai, the maximum loan amount is 200,000, and the daily interest rate is as low as 0.02.
I have learned about many small loan companies. Generally speaking, Baidu Youqianhua has the highest approval rate platform. The credit limit is the highest. I was given a credit limit of 9.5W for nothing, and my colleague directly extended a credit limit of 18W.
Du Xiaoman - If you have money to spend (second batch), click online to measure the amount
Special note: withdraw the full amount as soon as possible after the limit is exceeded, because risk control is dynamic.
It is best to put forward all the suggestions you have. The risk control system will mistakenly think that you do not need the funds, causing the withdrawal to fail. It is safer to raise at least 60. Early settlement and repayment is supported after the first installment.
If you have enough money to spend or no quota, it is recommended to try the following two platforms, which are also relatively formal licensed financial institutions! The review is relatively less strict!
360 IOU can borrow up to 200,000 yuan!
Click to measure the amount online
You can borrow up to 50,000 in installment loan!
Click to measure the amount online. Which loan platform is Baixin Bank?
AiBank is not a loan platform, but BaiXin Bank can provide loan products to users. Baixin Bank is an Internet bank jointly established by China CITIC Bank and Baidu. In addition to issuing loans, it can also accept deposits and handle other financial services. Therefore, it is fundamentally different from loan platforms.
The consumer credit loan product of Baixin Bank is Haohuihua. The highest credit limit is 200,000, and it supports borrowing and repaying at any time. In addition, Baixin Bank also conducts credit reporting, so loans must be repaid on time.