It can be divided into monthly interest settlement, quarterly interest settlement, semi-annual interest settlement, etc. The interest will be paid off together with the principal, mainly depending on what you said in the loan contract at that time. If there is no loan contract, ask the loan officer directly!
Second, how long has the loan interest of rural credit cooperatives been overdue for two days without bad records?
Bad records will not be eliminated for two days at a time in a short time; "Regulations on the Administration of Credit Information Industry" stipulates that
1. The retention period of personal bad information by credit reporting agencies is 5 years from the date of termination of bad behavior or incident; For more than 5 years, it shall be given.
2. According to the regulations of the People's Bank of China, all card-issuing banks are required to upload customers' consumption and repayment records regularly, without making any historical use records or business records. The loan bank will comprehensively refer to your credit history, not only for a certain period of time, but also maintain a good record of consumption and repayment, which will continuously increase credit.
3. Credit card repayment information will be recorded by the central bank's credit information system for 24 months, and the generated bad credit records will be kept in the credit information system for two years. If the card is kept for a long time. Therefore, after the overdue repayment of the credit card, it is best not to insist on using the card for more than two years after paying off the arrears, and to maintain a good credit during this period, so that the bad records can be cleared from the credit information system through rolling records.
3. How long does it take for rural credit cooperatives to repay the principal and interest?
Current interest shall be settled quarterly. Interest shall be settled once a year on March 20th, June, September and 65438+February. Cumulative interest method: the account balance is accumulated daily according to the actual number of days. The method of calculating interest by multiplying the accumulated product by the daily interest rate is as follows: interest = accumulated interest product × daily interest rate accumulated interest product = total daily balance. The cumulative interest method calculates interest according to the actual number of days. Suppose the number in the card 1 has 1000 yuan, and the number 3 is taken from 500 yuan No.7 and 200 yuan 10, how much interest can it generate? Current interest is settled quarterly. Usual accumulated interest =1000× (0.35% ÷ 360 )× 2,500× (0.35% ÷ 360 )× 4,700× (0.35% ÷ 360 )× 3 =
4. Can the credit cooperatives repay the interest on 28th and 20th of each month?
Yes, you can. The normal deduction of loan interest of rural credit cooperatives is 20+0 per month. During the early morning of the 20th or at 5 o'clock on the 20th, the system will automatically deduct the relevant interest from the bound bank card, and the repayment can be made in advance on the 20th. Rural credit cooperatives refer to rural cooperative financial institutions established with the approval of the People's Bank of China, which are composed of members' shares, implement democratic management and mainly provide financial services for members.