The propagandist said very well that he can help your debtor repay interest-free Do you think it is possible!
Now many platforms on the Internet are playing a trap, giving an annualized rate of return to absorb deposits. Although the loan interest is high, considering the bad debts, high welfare and high wages within the platform, misappropriation of funds, etc. , often ended in escape. In fact, from a personal point of view, the form of repayment is actually similar. No matter how much money you borrow, you have to pay it back in the end. Based on personal income. Don't expect pie to fall from the sky.
After the credit card is overdrawn, the overdue interest is five ten thousandths per day, which is equivalent to the annual interest rate 18.25%. The annualized interest rate of installment repayment will not exceed 30%, and the interest rate of borrowing flowers is the same as that of online loans. Everyone's income is limited, and the form of repayment is essentially to borrow the new and return the old, but in the process of borrowing, new service fees and loan interest will be generated, and it will get bigger and bigger.
According to the Notice of the People's Bank of China on Issues Related to RMB Loan Interest Rate (Yinfa [2003] No.251):
From June 5438+1 October1,2004, the default interest rate of overdue loans (loans that the borrower fails to repay on the date agreed in the contract) is changed to 30%-50% higher than the loan interest rate agreed in the loan contract; For overdue loans, interest will be charged at the default interest rate from the date of overdue until the principal and interest are paid off. For the interest that cannot be paid on time, compound interest shall be calculated at the penalty interest rate.
In order to protect the legitimate rights and interests of banks, the central bank's penalty interest on overdue repayment is still very strong. In the era of reputation first, in order to maintain their credit records and avoid high penalty interest, everyone still needs to repay in time.