the interest rate of 6% is not very high, and it should be at the lower-middle level. When it is converted into a daily interest rate, it is: .6%÷3=.2%. In other words, a loan with an interest rate of 6% only needs the interest of .2 yuan for a loan of 1, yuan a day.
loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other lending funds. Banks put the concentrated money and monetary funds out through loans, which can meet the needs of society to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Bank loan interest rates are all calculated by computer based on personal credit information, income, work and other information. In other circumstances, we can only keep good credit information and try to repay credit cards on time to avoid overdue situations.
loan repayment method:
equal repayment of principal and interest: that is, the sum of the principal and interest of the loan is repaid by equal monthly repayment. Housing provident fund loans and commercial personal housing loans of most banks have adopted this method. This way, the monthly repayment amount is the same;
repayment of equal principal: that is, the borrower repays the loan in every installment (month) during the whole repayment period, and at the same time pays off the loan interest from the previous trading day to the repayment day. In this way, the monthly repayment amount decreases month by month;
Pay interest and repay the principal on a monthly basis: that is, the borrower will repay the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan will bear interest on a daily basis and the interest will be repaid on a monthly basis;
prepayment of part of the loan: the borrower can prepay part of the loan amount, usually 1, yuan or an integer multiple of 1, yuan. After repayment, the loan bank will issue a new repayment plan, in which the repayment amount and repayment period are changed, but the repayment method is unchanged, and the new repayment period shall not exceed the original loan period.
Repay all the loans in advance: the borrower can prepay all the loan amount after applying to the bank.
Pay as you borrow: the interest after borrowing is calculated on a daily basis, and the interest is calculated on a daily basis. You can settle the money in one lump sum at any time without penalty.
At present, the competition among banks is fierce. In order to gain more market share, each bank will adjust the loan interest rate according to the loan interest rate range stipulated by the state. Therefore, when making loans, fund demanders should "shop around" and choose low-interest banks to make loans.