For people who usually rarely have contact with credit, when they suddenly hear the interest rate of six thousandths, they will be a little dazed, because it is not clear what level the interest rate is at, and how to count the annual interest rate of bank loans and online loans, so it is inevitable that there will be a state of no solution, especially in the face of someone asking when the brain is blank, and even blindly compare with the bank deposit interest rate, and then give the other party an unexpected answer. However, for the group that is more familiar with the interest rate of deposits and loans, when hearing the interest rate of six thousandths, they will subconsciously ask whether the monthly interest rate is still annual, if the loan term and principal are already known, the interest generated at maturity can be blurted out, and it is clear that the borrowing rate is at what level in the entire industry, this is the importance of experience.
Of course, in life, some people encounter the phenomenon of poor capital turnover, and will borrow from banks, networks, private and other channels, and there is a significant gap in the annual interest rate of different borrowing channels in general channels. Among them, the annual interest rate of bank loans is relatively low and relatively formal, usually the loan interest rate fluctuates on the basis of the central bank's benchmark interest rate, but there are differences in the level of loan interest rates of different provinces and municipal banks, because the market supply relationship is not the same. In addition, online lending is also known as "online lending", familiar with P2P online loans, cash loans, small loans, etc., but with the state to the Internet industry illegal lending phenomenon for strict rectification, so, the current P2P online loans have been completely cleared, cash loans have also withdrawn from the market, now exist are transformation and upgrading or qualified online lending platforms, but these platforms borrowing interest rates are quite high, common annual interest rates between 18% and 24%, and even some lending platforms have higher annual interest rates, People who have taken online loans are basically aware that especially online loans with an annual interest rate of 18% compared to previous years can be called conscience loans.
Secondly, in private lending, the annual interest rate of lending is unequal, because it is generally an acquaintance loan or a special relationship loan, so in terms of interest, it is different from person to person, more is the sophistication of human feelings, no interest is also a very common phenomenon, but it is owed to human feelings, this thing is sometimes more difficult to deal with than specific interest, but it is also commonplace, after all, the older generation has long said that China is a humane society. In addition, some small bosses also have a lending relationship between acquaintances, in order to raise a certain amount of money, borrow money at an interest rate of six thousandths of a month, and then integrate resources to do business, the specific period is not limited, the parties need to get back the funds when they greet each other in advance, obviously this is a relatively special lending relationship, compared with formal lending, this kind of borrowing is not rigorous, but some unwritten provisions are very popular in the private sector, so people who understand naturally understand. If the monthly interest rate is six thousandths, how much interest can be generated in three years of 50,000 yuan?
First of all, in a lending relationship, the monthly interest rate of six thousandths means that the annual interest rate (0.6% ×12 months) is 7.2%, taking the principal of the loan of 10,000 yuan as an example, the interest generated after one year maturity is 720 yuan, so the borrower needs to repay the lender 10,720 yuan with interest, and the annual interest rate of the loan is absolutely at a low level in the online loan industry, which is not easy to judge in private lending, only because there are many factors involved. Similarly, for a loan with a principal of 50,000 yuan, interest is calculated at six thousandths of a month, and the loan term is three years, then under normal circumstances, the interest generated after three years of maturity: 50,000 yuan×7.2% ×3 years = 10,800 yuan, which means that the average annual interest is 3,600 yuan, which is equivalent to the monthly salary of low-income groups in some townships and towns The interest of 10,800 yuan that needs to be paid in the end is not high, because there is a certain risk in the loan itself, and the formal lending platform has higher requirements for personal qualifications, so many things are self-evident.
In general, in private lending, if the monthly interest rate of six thousandths, then 50,000 yuan three years can generate 10,800 yuan of interest, the annual interest is 3600 yuan, compared with the common online lending platform lending interest rate, the monthly interest rate of six thousandths is relatively low, but because it is a private loan, usually involves more factors, so as long as the borrower and the lender are willing, as for the specific amount of interest paid at maturity, it generally varies depending on the relationship between the two people.
(This article is original by Cheng said Fengyun, welcome to pay attention to, take everyone to increase knowledge together.) ）