How much is the interest rate for Lakara Easy installment? Is the interest rate high?
Installments are now very popular among people, and many of them are very popular among various products. This is the case with financial credit products like Lakara Easy Installment. When people deal with installments, they are most concerned about interest. So, how much is the Lakara Easy installment interest? Is the interest rate high? Let me answer it for you today.
How much is the interest rate for Lakara Easy installment? According to the information published on the official website, the interest rate of Lakara Easy Installment, that is, the handling fee, is at least 6. Checked it out. Because Lakara Easy Staging can be divided into 6, 12, 18 and 24 phases. Among them, the interest for 6 installments is 6. The more installments, the higher the interest. For example, the interest for 12 installments is no longer 6, but 14.
Is the interest rate of Lakara Easy installment high? I talked about the specific interest rate of Lakara Easy Installment earlier, but many people may still not have a specific idea about this, so let’s give an example. For example, if I want to apply for an amount of 9,000 yuan and repay it in 12 installments, then my interest will be 14, which means that my handling fee of 760 yuan will be deducted. It can be seen that the interest rate is still not low. And it should be noted that the handling fee for Lakara Easy Distribution is a one-time deduction. It will be deducted when the loan is made. In other words, if you apply for 9,000 yuan, the amount received will only be 8,240 yuan. . However, the monthly repayment amount of the installment is still calculated based on 9,000 yuan, that is, 750 yuan for each of 12 installments. The minimum interest rate for Lakala Easy Installment is 6, and it will change depending on the number of installments. The more the number of installments, the higher the interest will naturally be. Moreover, the interest for Lakala Easy Installment is not collected in installments, it will be charged once when the loan is made. Deducted from the amount you apply for. How much is the interest rate of Easy Installment?
The explanation is as follows:
If the amount of Easy Installment is 12,000, the interest per year is 1,555.2 yuan. The monthly interest is 1.08. According to relevant information: monthly interest = 12000 × 1.08 = 129.6 (yuan). The interest for one year is 129.6 × 12, which is 1555.2 yuan.
The annual interest rate of installment loans is generally between 14 and 18, but the specific annual interest rate may vary depending on your actual situation, such as your credit status, payment ability, etc. Is BOC Easy Installment a good deal?
It’s a good deal.
Interest is ok. Bank of China Yinyi Installment has a maximum installment of 8 years and a maximum limit of 500,000. 1-year term: 4.35, 3-year term: 4.3, 8-year term: fee rate 2.88; repayment method: 1-year term: interest first and then principal for 3 years Period: interest first, then principal, and repay 1/3 of principal every year.
(After 1 year of normal repayment, early repayment will be exempted from liquidated damages) 8-year term: equal principal and interest.
I hope my answer can help you. What I was talking about at first was that Bank of China Easy Installment didn’t know it was a credit card until I arrived at the site.
I filled in a lot of information, and it feels quite formal, but I guess the chance of being able to apply is very low, and I will almost become a blacklist.