The loan intermediary company itself does not engage in lending business, but only provides services for borrowers' loans and helps borrowers obtain loans from formal lending institutions. In daily life, we often engage in loan intermediary companies such as pawn shops, real estate agents, guarantee companies, investment (consulting) companies.
Although loan intermediaries are not qualified to lend, some loan intermediaries will still issue short-term loans, which is called private lending. This kind of loan usually needs collateral, but the borrower's other qualifications are low, which is characterized by fast lending. But the loan interest is usually high, so the borrower must choose carefully.
In fact, loan intermediaries are very common in the market, but different from the private sector, these companies earn a lot of intermediate fees by helping banks "attract customers" and making loan plans for customers. Due to the increasingly fierce competition between banks for customers, some banks take various measures to seize more market share, among which finding intermediary companies to "attract customers" is one of the means for banks.
In addition, loan intermediaries can also help enterprises "get" loan qualifications. There are two main types of customers through loan intermediaries. The first is a company that thinks that bank procedures are troublesome or have no time. The second is a company that knows that its credit conditions are not qualified for loans and wants to spend more money to operate illegally through loan intermediaries.
Is there any harm in finding a loan agent?
In fact, loan agents are like real estate agents. You can still buy a house without looking for a real estate agent, but because you are unfamiliar with the market, the final result may be to pay more time and energy, or even higher housing costs. Loan intermediaries can be accepted by lenders because their role cannot be underestimated. Coupled with the increasingly fierce competition for customers between banks, intermediaries can introduce customers to banks in batches, reducing the workload of bank credit personnel, so banks are more willing to deal with stable lending institutions.
The loan intermediary has the following advantages:
1, loan intermediaries have more loan channels.
Ordinary people, especially those who borrow for the first time, don't know which lending institutions are available in the market and which one is most suitable for them. Most people apply to one or two lending institutions only after seeing the advertisements of lending institutions or the introduction of acquaintances. Sometimes I ran to one or two lending institutions and was rejected. I thought the loans were all the same, so I gave up or changed to another company.
In fact, there are many lending institutions on the market, including banks, and each application threshold is different. This one doesn't meet the requirements, and maybe one will pass the application smoothly. However, with so many lending institutions in the market, it is unrealistic for borrowers to try and make mistakes one by one.
On the contrary, loan intermediaries have a more professional understanding of the loan market. They are quite familiar with local lending institutions and master many loan channels. Therefore, according to the actual situation of borrowers, they will look for suitable channels and provide valuable suggestions to find suitable loan products for borrowers. Greatly improve the choice of borrowers, choose the best among the best, and match the most suitable lending institutions for borrowers.
2. Loan intermediaries know the loan market better.
Many customers' understanding of loans basically stays on the word "loan". I don't know that the products of major banks are varied. Although many loan products are now homogenized seriously, in fact, the policies, requirements and target groups of each lending institution are very different. The term, amount, interest rate and even approval rate of the same product may be different if it is changed to a lending institution or even different branches of the same bank.
If the borrower does not understand the market conditions and blindly applies, he may take more detours or pay more costs, and the loan success rate will be much lower. On the contrary, loan intermediaries have a more professional understanding of the loan market. They have cooperated with major lending institutions for a long time and basically have their own "databases". What conditions each lending institution needs, how much it can lend, how much it passes, and how much it costs, the loan intermediary basically knows everything. As long as you know the information of the borrower, you can quickly match the appropriate loan products, helping the borrower to worry, save trouble and save money.
3, familiar with the approval process, the application has a knack.
Loans can't be applied immediately if you want to apply, especially bank loans. The requirements for the borrower's audit are very strict, including the purpose of the loan, application filling, material preparation and so on. If the borrower does not understand the auditing standards and access conditions of the lending institution and honestly fills in the application, the submitted materials may not pass.
The bank staff will not directly tell you whether the information filled in is wrong or not, and whether it will affect the approval. However, the loan intermediary is proficient in the loan handling process and will tell you the matters needing attention and experience without reservation. We can properly package our customers. Even if the borrower has a problem, as long as it is not serious, the loan intermediary will try to make the borrower's conditions meet the requirements of the bank. Moreover, you can use your personal connections in the bank to play some edge balls, so that borrowers can get loans smoothly.
4. Loan intermediaries can improve loan efficiency.
If the borrower is not familiar with the loan process and applies for it by himself, you will find all kinds of troubles, such as inconsistent materials, and it will take a lot of time and energy to go back and forth.
If there is a loan intermediary, the situation may be greatly improved. First of all, the loan intermediary knows the materials needed for the loan and the handling process, so the borrower will prepare and submit the materials at one time to avoid running back and forth to supplement the materials; Thirdly, the relationship between loan intermediaries and banks and other lending institutions is relatively in place, which can urge banks and other lending institutions to give priority to your loans, greatly improving the efficiency of loans.
Looking for professional people to do professional things, and looking for financial intermediaries to handle loans in the era of resource integration is itself a manifestation of improving efficiency. But especially remind borrowers that they must choose a formal intermediary service organization!
What are the risks of lending through an intermediary?
The risk of finding an intermediary for a loan:
Intermediary companies are uneven
There are too many intermediary companies in the private market. Due to the lack of supervision, such companies are diverse. Some lawless elements can register a company for listing, and many people can't judge whether an intermediary company is qualified. Therefore, this part is often on the edge of the law, and becomes the interest transporter and the illegitimate interest sharer of banks and other subjects.
Information Asymmetry
Because borrowers who go to intermediary companies are often unprofessional and don't know much about loans, some intermediary companies will use information asymmetry to deceive lenders, resulting in high loan costs.
Agency fees vary.
Intermediary companies usually charge a certain service fee, while informal companies do not charge a uniform fee, which may be arbitrary and discriminatory, just like buying clothes in the clothing market, which often leads to one person and one price.
Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.
Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of the Law on Commercial Banks stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles."
Repayment method:
1. Equal repayment of principal and interest: that is, the sum of loan principal and interest is repaid by equal monthly repayment. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;
2. average capital Repayment Method: A repayment method in which the borrower repays the loan in every installment (month) and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;
3. Pay interest and repay the principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date [loans with a term of less than one year (including one year)], and the loan bears interest on a daily basis, and the interest is repaid on a monthly basis;
4. Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, and the general amount is an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.
5. Repay all the loans in advance: that is, the borrower can repay all the loan amount in advance when applying to the bank. After repayment, the lending bank will terminate the borrower's loan and handle the corresponding cancellation procedures.
6. Borrow and pay back: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.
Is it reliable to find an intermediary for mortgage loans?
The cost of intermediary housing mortgage loan is high, and intermediary companies can earn a lot of profits by handling housing mortgage loans. Generally speaking, they charge 3% of the housing loan as a handling fee. If the loan is 6.5438+0.5 million yuan, then the handling fee is 45 thousand yuan. In addition, the loan interest rate will be different according to the loan term and the situation of different banks, and the difference is still relatively large. The longer the general life expectancy, the lower the interest rate. Most intermediary companies, mortgage interest rates, will rise by about 20%-30%. However, the cost of housing mortgage loans through intermediaries is still much lower than that of private lending. Mortgage or pawn? Beware of being embezzled by an intermediary and looking for an intermediary to handle mortgage loans. If you trust the intermediary too much, submit personal identity documents, household registration books, and entrusted notarization. For intermediaries, intermediaries can use these materials to pawn mortgage loans! The lender didn't know the house was pawned until he received a dunning call from the pawnshop. Moreover, the general redemption period is three to six months, which is a quick short-term financing behavior. Remind everyone that it is best for ordinary buyers not to chip in to buy a house through mortgage loans. Because the mortgage procedures are relatively complicated and the interest rate is relatively high, the pressure on buyers is still great. In addition, you must find a formal intermediary to get a loan from the bank for mortgage loans, and don't hand over the real estate license and ID card easily.
Can an intermediary company with bad credit help with the loan?
If the personal credit is not good, it may not be successful to find an intermediary company to help with the loan. Although the intermediary can arrange a suitable loan scheme according to the customer's credit, which can reduce the loan cost to a certain extent, whether the final loan can pass the examination and approval depends on the comprehensive evaluation results of the bank (loan company).
It should be noted that a very important reference factor for banks (loan companies) in comprehensive evaluation is the customer's credit, which is generally understood by inquiring about credit information. Therefore, once the customer's credit report is found to have bad information and personal credit problems, most of them will refuse to approve the loan.
Intermediaries can't help customers eliminate bad credit records. In order to repair the damaged credit, customers can only accumulate more good records themselves. When the credit is improved, it is not too late to apply for a loan. It should be easier to handle by then. Even if you don't find an intermediary, you can apply to the bank (loan company) with relevant information.
Is it reliable to find an intermediary company for loans?
Formal loan intermediary and bank cooperation are more reliable. Loan intermediary or amount intermediary service is aimed at small and micro enterprise customers and individuals. Many borrowers don't know much about products and loans and need an intermediary to introduce and facilitate transactions. The loan intermediary will undertake the bank's loan service and be responsible for customer marketing, data collection and simple evaluation, which greatly saves the bank's work energy. There are many lending institutions in the market, including banks, each with different application thresholds. If this one doesn't meet the requirements, maybe the other one can pass the application smoothly. However, with so many lending institutions in the market, it is unrealistic for borrowers to try and make mistakes one by one. Loan intermediaries have a more professional understanding of the loan market. They are quite familiar with local lending institutions and master many loan channels. Therefore, according to the actual situation of borrowers, they will look for suitable channels and provide valuable suggestions to find suitable loan products for borrowers. Greatly improve the choice of borrowers, choose the best among the best, and match the most suitable lending institutions for borrowers.
How to judge whether the loan intermediary is formal;
1. See if the loan intermediary will charge fees in advance.
Generally speaking, the loan intermediary charges the agency fee only after the loan is completed. If the borrower is required to transfer money in advance on the grounds of "deposit" and "unfreezing fee" before the loan, this kind of intermediary is generally problematic and should be rejected immediately and stop loss in time.
2. See if the loan intermediary has a fixed office space.
Generally, regular loan intermediaries have their own fixed office space. Before choosing a loan intermediary, you can investigate the loan company to understand the basic situation of the company, such as business information and business scope.
3. See if the employer contacted by the loan intermediary is formal.
The investors of formal loan intermediaries are generally formal banks or financial institutions with lending qualifications approved by the CBRC. Unless the customer's qualification does not meet the normal funding requirements, other lending channels will be selected with the customer's consent.
4. See if the loan intermediary is professional.
Formal loan intermediaries are professional, and they are very clear about all products, product interest, repayment cycle, quota, handling process, intermediate risk point, entrusted payment, deadline and next payment cycle.
With the continuous development of the loan market in recent years, the supervision has become more and more perfect, the information has become more and more transparent, and loan intermediaries have been accepted by more and more people to help them better match their loan products.