2. Interest: The bank interest rate is low, with an average monthly interest rate of about 4%-1. Loan 1 10,000, with monthly interest of 4%, and monthly interest 10000*0.004=40 yuan; The monthly interest rate of general lending institutions is around 1-2. Take the loan 10000 and the monthly interest rate 1 as an example, and the monthly interest rate is10000 * 0.01=100 yuan.
3. Fees: There are no other fees for bank loans except interest; But some lending institutions are not very compliant. In addition to interest, there are some production costs, such as guarantee fees, accommodation fees, information management fees, etc. Everyone should pay attention to accounting clearly when applying.
4. Repayment: Both bank loans and institutional loans need to be repaid on time. If it is overdue, the bank will inform me and my contacts by SMS, and those who are overdue may be prosecuted; However, lending institutions will increase the collection efforts, and the means are not legal enough.
First, the advantages of bank loans
1, easy to use. Applying for loans from banks is no longer limited to outlets. Many banks have launched the online loan model, which allows borrowers to easily complete all procedures without going out. There are various application channels, such as official website, WeChat official account, Alipay service number or various bank loan software.
2. There are many repayment methods. Compared with private loans, bank loans are large in scale and professional, and often provide more repayment methods, such as interest priority, equal principal and interest repayment, average capital repayment, equal progressive repayment, equal progressive repayment, combined repayment, repayment by loan, etc. , the borrower can choose at will.
3. High security. Banks are supervised by the CBRC, and there will be no arbitrary charges or violent collection. As long as they borrow money from the bank, they will not be cheated, so their safety performance is guaranteed.