Knowledge related to small loans and car loans

　1.Definition of small loans:
Small loans(MicroCredit)It is a business loan centered on individuals or families, and the loan amount is generally1000Above yuan,20Less than ten thousand yuan. Small loans are an extension of micro loans in technology and practical applications. Small loans in China mainly serve agriculture, rural areas, and small and medium-sized enterprises. The establishment of small loan companies has reasonably concentrated some private funds, standardized the private lending market, and effectively solved the financing difficulties of agriculture, rural areas, and small and medium-sized enterprises.
　　2.Current situation of small loans
Guangzhou Folk Financial Street8month13According to the data released on the day,10The average daily interest rate is21.73%，1The monthly period is17.07%，3The monthly period is19.08%，6The monthly interest rate is16.45%，1The annual interest rate is16.81%The comprehensive interest rate for more than one year is24.36%Compared to the previously released data on private financial streets,Small loansThe market average interest rates for both one-year and three-month periods have significantly decreased.
Previously, the data began to be released6month28The average interest rate in its small loan market is3The month period is21.97%、1The term is17.55%. Among them, private lending3Monthly funding interest rate higher than1Annual interest rate.
The private lending interest rate index data of Wenzhou Private Lending Registration Service Center also shows that,8month5day~10Daily, average monthly interest rate1.27%Compared to7month30day~8month3Daily weekly average interest rate1.35%Decline0.08Percentage points, and7The average monthly interest rate for a month is1.38%。
According to industry insiders, the macroeconomic situation and the tightness of bank credit are the main factors affecting the activity of private financing. Especially in the context of the macroeconomic downturn this year, the central bank's monetary policy has made financial institutions relatively abundant in funds, making it easier for enterprises to obtain loans from banks. This will inevitably weaken the demand for funds from private lending channels.
　　3.Car loanDefinition:
A loan issued by a lender to a borrower who applies to purchase a car. Car consumer loans are a new form of loan provided by banks to car buyers who purchase cars from their authorized dealers in Chinese yuan. The interest rate on car consumption loans refers to the amount that banks issue to consumers, i.e. borrowers, to purchase their own cars(Non profit oriented family sedans or7seat(contain)The following business vehicles)The ratio of the loan amount to the principal. The higher the interest rate, the greater the amount of repayment for consumers.
　　4.Related suggestions:
At present, many banks have launched "interest free" and "zero interest rate" loans for car purchases, and the loans borrowed during the repayment period do not charge interest. And this "zero interest rate" car loan actually hides hidden secrets. On the surface, there may seem to be many discounts available, but zero interest car loans usually require the owner to pay the loan amount2%~7%As a handling fee, it is a disguised form of interest. So, it is recommended that consumers carefully compare.
"Zero interest rate" car loans, generally speaking, are paid by car manufacturers, and on the surface, they do indeed receive many discounts. However, upon careful consideration, car loans with zero interest rates generally require the owner to pay the loan amount2%~7%(Different institutions have different interest rates)As a handling fee, it is a disguised form of interest.
Moreover, many times if car buyers participate in "interest free" activities, they can only pay for the model they purchase according to the manufacturer's guide price, and can no longer enjoy the discounted price of the new car. Some models may even have a lower interest free amount than the discounted price. Therefore, everyoneloanFriends who buy cars should carefully compare when encountering a "zero interest rate" car discount and not be overly happy.