The annual interest rate of gold bars in JD.COM is generally normal, but it is understandable that it is higher than the national standard. Bank interest rates will be lower than other platforms, but the requirements will be stricter and the approval will be slower. Other platforms can lend out immediately if there is no problem with credit reporting.
Is it true that JD.COM Gold Bar said that the interest rate is higher than the national standard?
If the interest rate of gold bars in JD.COM is higher than the national standard, it may not be repaid, but the interest rate may be lowered through negotiation. If negotiation fails, you can complain to the Banking Insurance Regulatory Commission.
If you don't return it, there will be the following consequences:
1. The user's credit is damaged, and the white note is a credit product, which is connected with the credit information system of the People's Bank of China. If you don't return it, you will definitely be reported, and your overdue record will be kept for more than 5 years;
You need to pay liquidated damages. After the overdue IOUs, your liquidated damages and overdue penalty interest will be calculated on a daily basis. The longer the overdue time, the higher the interest;
3. Your debt will be sealed, and your quota will be taken back. It will be more troublesome to open it in the future. You may not be able to open it.
Is the annual interest rate of JD.COM gold bars 23.75 legal?
illegal
The annual interest rate refers to the deposit interest rate for one year. The so-called interest rate is the abbreviation of "interest rate", which refers to the ratio of interest amount to deposit principal or loan principal in a certain period of time. Usually divided into annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a percentage of the principal, the monthly interest rate as a percentage, and the daily interest rate as a percentage.
Why is the interest on my JD.COM gold bars so high?
The loan interest rate of JD.COM Gold Bar is determined by the system evaluation, and the credit qualification of users is poor. In order to reduce the risk, the system will increase the loan interest rate of users' gold bars. Moreover, different users have different credit qualifications. Compared with other users, the credit qualification of users is also at a poor level, so that the interest rate of gold bars of users will be higher than others. However, the loan interest rate of gold bars is not constant, and the credit qualification conditions of subsequent users have improved, and the loan interest rate will be adjusted accordingly.
Why is the 20% ratio of gold bars in JD.COM so high?
1. The first reason is that Jingdong Finance is not a banking financial institution and cannot absorb low-cost deposits (demand deposits).
2. The second reason is that Jingdong Finance obtains funds by issuing ABS, and the capital cost is relatively high. Therefore, the interest rate of gold bars in JD.COM is very high. The cost of obtaining funds is high, and the cost of selling funds will also rise.
3. The third reason is that JD.COM gold bar business belongs to unsecured and unsecured cash loan business, which is equivalent to credit loan, and the loan interest rate is higher than the secured interest rate.
4. The fourth reason is that the gold bar business in JD.COM belongs to cash loan business, and the interest rate of cash loan business in the open market is generally high. The interest rate of JD.COM gold bar business will not deviate from the cash loan business in the open market.
Fifth, the borrower's repayment record and personal credit status will be recorded in the backstage of JD.COM Gold Bar. If the credit status is not good, the interest rate of JD.COM gold bars will increase.
Why did the interest rate of gold bars in JD.COM suddenly increase?
After the gold bar is successfully borrowed, it will generate interest at the agreed interest rate in the next paragraph, so this interest is relatively fixed. Interest is increasing every day. It may be that the user's gold bars are overdue, which leads to overdue interest. Or if the user borrows another gold bar, the loan principal will increase and the interest will naturally increase.
Generally speaking, interest corresponds to the principal. When users find that the interest has increased, they can check whether it is overdue or new.
JD.COM Gold Bar is a product of Jingdong Finance, which was listed in March 2065438+2006. It is mainly a cash loan service customized for users with good credit, which can support a maximum withdrawal amount of 200,000.
JD.COM gold bars have the characteristics of online loan, unsecured, real-time batch and quick arrival, and the extension of scene use can also meet the cash demand of users in various scenarios.
JD.COM gold bars do not need mortgage, just bind stored-value cards and credit cards, and easily borrow money; Online loan, all processes can be received after online completion; Real-time approval and quick receipt. Generally, the loan application will be received within 5- 15 minutes after submission. Please refer to the bank card receipt of the receiving bank.
Moreover, JD.COM gold bars can be returned as you borrow them, in advance, or in different periods such as 1, 3, 6, 12. Interest is calculated by the day.
Jingdong Finance has launched nearly 10,000 financial products such as white bars, funds, bank wealth management, small coffers, gold bars, small white cards and small gold cards, covering four business segments of wealth management, lending and insurance in stages.
Up to now, JD Finance has cooperated with nearly 1,000 financial institutions, including
Banking institutions: Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank, Shanghai Pudong Development Bank, China CITIC Bank, China Everbright Bank, Ping An Bank and Minsheng Bank.
Brokerage institutions: CITIC Securities, CITIC Construction Investment, Essence Securities, Guangfa Securities, etc. ;
Fund institutions: Tian Hong Fund, E Fund, Huaxia Fund, southern fund, etc.
Insurance institutions: Ping An Insurance, China PICC, Taikang Insurance, Allianz Insurance, etc.
How did the interest rate rise after the opening of JD.COM gold bar withdrawal package?
The comprehensive credit score has decreased. The interest rate of gold bars in JD.COM suddenly rose. Due to the decline in the comprehensive credit score of users, the system re-evaluated and raised the previous loan interest rate. JD.COM Gold Bar is a product of Jingdong Finance, which was listed in March 2065438+2006. It is mainly a cash loan service customized for users with good credit, which can support a maximum withdrawal amount of 200,000. JD.COM gold bars have the characteristics of online loan, unsecured, real-time batch, and quick arrival. The extension of scene use can also meet the cash needs of users in various scenarios.