The "consumer loan" product launched by China Merchants Bank in Shenzhen is another personal microfinance product with "personal stability and law of large numbers" as the core principle of risk control after "commercial loan".
The biggest feature of this product is: pure credit, no mortgage and no guarantee, which mainly meets the short-term capital turnover needs of working-class consumer goods such as car purchase, decoration and tourism. After the product was put on the market, it quickly became popular in Shenzhen microfinance consumer market because of its simple application, self-service payment and convenient repayment.
Different from the previous "personal credit consumption loan" in the market, the "consumer loan" of China Merchants Bank adopts the innovative elements of "standardization and templating of credit policy", so the service targets are not divided into industries, and the working class is fully covered. Generally speaking, consumer credit loans are basically only for employees, institutions or civil servants of high-quality large and medium-sized enterprises because of credit risks. "Consumer loan" thus fills the blank of personal micro-credit consumer loan products in Shenzhen.
After borrowing, the interest shall be calculated by day, and the interest shall be calculated by day. In terms of repayment method, the bank will enable the borrower's self-service repayment function, and the borrower can make self-service repayment at any time through online banking and telephone banking 24 hours a day, without the manual approval of the bank, without any penalty interest and handling fee, and deduct the money in real time, so that consumers can completely control the loan cost and easily plan their family financial management.
Question 2: What does it mean for small and micro enterprises of CCB to lend with loans? "Borrowing with repayment" means that borrowers can withdraw or repay personal business loans at any time through online banking, POS machines, ATMs and other self-service channels. The loan term shall not exceed six months, with fixed interest rate and daily interest. "Borrow and return" has the characteristics of drawing at any time, repayment at any time, daily interest calculation and recycling. Compared with other repayment methods, the operation is simpler and the withdrawal is more flexible.
Question 3: What do you mean by borrowing sesame seeds from you? It means giving you an excuse line based on comprehensive data such as your credit and Taobao transaction records. You can borrow at any time when you need it, and you can repay the loan at any time. Interest is calculated on a daily basis, which is very convenient!
Question 4: How to calculate the interest of Taobao for six months? How much interest is needed for six months? Is it cost-effective to repay in advance? If you calculate by 30 days per month, you will have to pay back the interest of 123.48 yuan per month in the first five months. In the sixth month, in addition to this month's interest, you have to pay back the principal of 7000 yuan. Don't you think you don't have to pay more than 600 interest on the borrowed 7000?
Question 5: What does it mean to pay 0. 1% interest every month? Paying interest every month means paying 0. 1% of the principal as interest every month.
Borrowing should also remind borrowers to develop good repayment habits and remind you not to forget to repay.
Question 6: What do you mean by borrowing something? It means to treat what you lend.
A state, convenient for yourself.
You can always change things back.
Question 7: What do you mean by borrowing? You can borrow it at any time if you have a credit line. Repay with you: you can repay the funds at any time, and there is no fixed repayment amount.
Question 8: Alipay loans don't have to pay interest every month. It repays within the specified time without interest, similar to a credit card.
Question 9: What do you mean? You can borrow money at any time and repay it at any time, free of charge. But the estimated interest rate is higher.
Question 10: What does China Merchants Bank mean by borrowing at any time? Then how do you pay it back every month? How to define it? "Borrow and repay" refers to the function that you can handle the loan or repayment business by yourself through our online banking, telephone banking and other electronic channels with the consent of our personal loan customers; Generally, it is necessary to apply for a property mortgage that meets our requirements. Borrowing function At present, most cities have suspended their borrowing business. Please contact your local outlet to confirm whether it can be opened in your city! If you have already applied for an operating loan, you can apply for opening the "easy circulation" function, and realize the repayment with the loan through directional transfer/payment.