1, with high interest.
In addition to the agreed monthly interest rate 1.8%, the loan of this company also has the so-called service fee. In fact, to put it bluntly, there is no service charge at all. As everyone knows, this is a high interest rate. In order to avoid high interest rate, the name of service charge is actually part of interest. For example, I borrowed 80,000, including more than 38,000 service fees. In fact, this is the interest. When signing the contract, there will be repayment principal in the repayment agreement, more than 80,000 yuan+38,000 yuan, totaling165438+8,000 yuan, and the monthly repayment will be 4,000 yuan in 36 installments. This repayment agreement is a mess. They will tell you that this is the principal and interest you repay. When signing a contract, most people will calculate that it is 80,000 yuan, with interest of nearly 20 cents, one month 1.600 yuan, one year 12 months, and three years 1.92 million yuan, which is more than the above 38,000 yuan. This is where they lie! !
Then, look at your monthly payment, 4000 yuan a month, 48000 yuan a year 12 months, 36 issues 144000 yuan! If you subtract 80,000 yuan from the principal, the interest you pay is 64,000 yuan. If it is divided into 36 installments, the monthly interest will be 1777 yuan. If you divide it by 80,000 yuan, it is only 2.22%. However, the interest you pay will always be repaid in full amount of 80,000 yuan. For example, if you pay off the 18 installment, your remaining principal should be only 40,000 yuan.
Does this mean that you can pay back the money in advance? Wrong, all wet, the so-called service fee above is to be paid. It stands to reason that the principal and interest still go together. Should your remaining principal be less than the loan principal you repay each time? Wrong again, look at my experience below!
2. Give a suggestion to the victim-go directly to court for prosecution.
It is impossible for the state and the court to support their high interest rate behavior. The victim can bring a lawsuit directly to the court. Don't think it is legal for them to charge interest in the name of service fee. I specifically consulted the law firm, and he also acted with high interest rates. The court will support the maximum interest allowed by the state at most, and the excess will not be paid. The process is very simple. All you need to obtain evidence is the bank's running water to prove that he really only paid you so much. Just do it, don't.