I took out a loan of 120,000 yuan with PICC and repaid 5,300 yuan per month, of which the premium is

Legally, you can look at the contract you signed, which states how your premium will be charged!

Loan 120,000 yuan, monthly repayment of 5,300 yuan, of which the premium is 1,600 yuan, if in the loan contract, there is a statement in the case of collecting premiums, it is also legal, if your loan is overdue, you should process the loan as soon as possible.

The loan is overdue. Loans are overdue, there are short-term and long-term, and the consequences are different depending on the length of time they are overdue. However, most people have many misunderstandings about overdue loans, and they don't find out that it's too late to regret until they have serious consequences!

Short-term overdue loans and consequences.

1. High fines and liquidated damages.

After the loan is overdue, in addition to the interest and principal, you also need to pay high penalty interest and liquidated damages when repaying.

2. Leave personal credit stains.

Credit Reports. There will be an overdue record, which will be kept for 5 years even after the repayment is made. Overdue records will affect almost all subsequent financial activities of the overdue person.

3. Receive SMS** collection.

The lender will continue to send text messages and call ** to collect the overdue funds, inform the borrower of the serious consequences of overdue, and order the borrower to repay the overdue principal and interest within a time limit.

Long-term overdue loans and their consequences.

Generally speaking, overdue for more than 90 days will be regarded as maliciously overdue by the lender. Banks can sue for collection of malicious overdue payments of more than 90 days, regardless of the amount. After the court makes a judgment, release to the public information on judgment defaulters (lai), restrict their high consumption, restrict travel by airplane, and high-speed rail.

As the regulatory authority is now becoming more and more stringent, online lending platforms.

It is also becoming more and more standardized and strict, and many online loans are now on the credit report, and the processing of online loan credit records is very "humane";

Compared with traditional banks, online loan credit is much more humane, that is, it will give a certain grace period for unintentional overdue due to temporary negligence, but if you are in arrears for a long time, it will be easy to have a taint record of borrowers, which is also a key reminder in the credit system, and the impact on individuals is very serious!

In accordance with the "Regulations on the Administration of the Credit Reporting Industry".

It is stipulated that the retention period for negative personal information by credit reporting establishments is 5 years from the date on which the negative conduct or incident is terminated. After the repayment of principal and interest and liquidated damages, other banks will not be able to check the bad record for more than 5 years. It is important to note that the credit stain will remain in place until the loan is settled.

So you must cherish your credit history.

PICC P&C Insurance Company loans are fraudsters.

You're a treasure insurance company, right?

Summary. What is the interest rate on the loan? At present, 36% is the loan ceiling, and more than that, it is usury.

I took out a loan of 120,000 yuan with PICC and repaid 5,300 yuan per month, of which the premium is 1,600 yuan, is it legal?

What is the interest rate on the loan? At present, 36% is the loan ceiling, and more than that, it is usury.

I took out a loan of 120,000 yuan with PICC and repaid 5,300 yuan per month, of which the premium is 1,600 yuan, is it legal?

I borrowed 54,000 yuan from PICC, and I repaid 96,000 yuan in three years, is this considered usury? Is it legal.

What is the interest rate of the contract loan.

Loaned 54,000 thousand dollars.

96,000 yuan to be repaid in three years.

I don't know this interest rate, I don't know how to calculate it.

Contract. Didn't you read the contract.

Usury. I didn't know at the time, and I never paid the money, so the principal was repaid, and I lost my job when the epidemic came, and I didn't have the money to pay off the insurance premiums, and the PICC sued me, Yuanyuan.

It's okay. Usury laws do not support it.

Summary. According to the provisions of Chinese Life Kangning Critical Illness Insurance, Qinqin pays 2,250 yuan per year and can borrow 300,000 yuan in 13 years.

The life insurance policy pays 2250 per year, and after 13 years, how much can you borrow.

Dear, hello, the total premium paid in 13 years is: 2250 13 = 29250 yuan. According to the loan policy of different insurance companies, the amount of loans that can be borrowed is different, and the amount that can be borrowed is generally 50% and 70% of the total premiums paid, that is, 14,625 yuan and 20,475 yuan.

Lovely] life insurance too.

It is Chinese Life Kangning critical illness insurance, which began to pay in 2010, paying 2250 yuan per year, paying for 13 years, how much can I borrow.

According to the provisions of Chinese Life Kangning Critical Illness Insurance, Qinqin pays 2,250 yuan per year and can borrow 300,000 yuan in 13 years.

I borrowed only $6,600 from my policy in 2020.

The maximum amount of policy borrowing in 2020 is 6,600 yuan, and you can't borrow more.

Then I will pay it back, how much can I borrow.

What I'm saying is, if I repay the policy loan and refinance, will it be more than in 2020? Insurance is paid all the time.

It depends on your insurance company and your insurance plan. Generally speaking, the insurance company will determine the amount of your insurance loan based on your insurance plan and your insurance history. If you have a good insurance history, you may be able to get more loan amounts, but if you have a less good insurance history, you may be able to get a smaller loan amount.

Hello, there are many platforms that can provide small loans, and the amount is basically between 5 million and 300,000 yuan, which can be applied for through banks, online loans, etc. Although the amount of small loans is lower than other loans, they are very popular because they are fast and flexible in borrowing and repayment. As long as you choose a regular platform, the security of funds and information is guaranteed, and you can use it with confidence.

PICC is **, pure usury, just wait for the state to clean them up. I believe that the country will give us justice, and the right way in the world is the vicissitudes of life.

According to your description, the loan is 112,000 yuan, and the monthly repayment is 5,330 yuan, 36 installments, equal principal and interest, and the annual interest rate is about.

However, PICC is an insurance company, and the services provided by it are personal loan guarantee insurance, which is regulated by the China Banking and Insurance Regulatory Commission, and the fees charged should be premiums. Of the $5,330 spent monthly, part of the amount should be paid as monthly premiums, not interest. It is recommended that the subject read the insurance contract and loan agreement carefully, and if he is not satisfied, he can give up the loan or negotiate with the platform.

You are **, what do you use as collateral for the PICC loan, I here in Ningbo just want to use Taikang's insurance policy to make a loan of 100,000 for three years, but I don't know how much the interest rate will be.

Use this formula to calculate how many tens of thousands of yuan you have been plundered, and this person will borrow 80,000 yuan and repay 130,000 yuan. It's not usury or something. Report to the China Banking and Insurance Regulatory Commission. Illegal income has to sit on the ground. Isn't Ping An Puhui a blow from the state, and return is the minimum.

The annualized interest rate, in line with national laws, the monthly interest rate is about less than 2 cents, and you should apply for an unsecured credit loan, which is within the normal range of microfinance.

Summary. Hello, the law stipulates that the interest rate of the loan shall not exceed 24% per annum, and only those who exceed 24% can be considered usury.

Article 26 of the Supreme People's Court's Judicial Interpretation on Private Lending.

Where the interest rate agreed upon by the borrower and the borrower does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it.

If the interest rate agreed between the borrower and the borrower exceeds 36% per annum, the interest agreement on the excess part shall be invalid. Where the borrower requests the lender to return the interest paid in excess of 36% of the annual interest rate, the people's court shall support it.

PICC borrowed 36000After repaying 32,490 people, the insurance said that it would be close to 20,000, are they loan sharks?

Hello, the law stipulates that Wu Qin's loan interest rate is not more than 24% of the annual interest rate, and more than 24% of the first state is considered usury. Article 26 of the Supreme People's Court's Judicial Interpretation on Private Lending provides that if the interest rate agreed upon by the borrower and the borrower does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it. If the interest rate agreed between the borrower and the borrower exceeds 36% per annum, the interest agreement on the excess part shall be invalid.

Where the borrower requests the lender to return the interest paid in excess of 36% of the annual interest rate, the people's court shall support it.

You have to give the loan term to calculate your annual interest rate, and you can judge whether it is a loan shark.

Look at the total amount of your repayments.

1431 12 3 51516 (yuan).

Total interest for three years.

51516-30000 21516 (yuan).

One-year interest 21516 3 7172 (yuan).

10,000 years of interest.

The annual interest rate, the interest rate is quite high, and it can be said that it is usury.

According to the formula: loan amount = monthly repayment amount * [1 - (1 + monthly interest rate) - number of months of repayment] monthly interest rate.

30000=1431 * [1-(1+Monthly Interest Rate) -36] Monthly Interest RateMonthly Interest Rate=

Annual interest rate =Interest rates are also quite high.

The APR of a loan is a usury, regardless of whether it is a new regulation or the original one. According to the original provisions, the interest rate of the part of the interest rate agreed between the borrower and the borrower of a private loan exceeding the annual interest rate of more than 36% is not protected by law; According to the new regulations:

The borrowing rate must not exceed four times the market interest rate LPR, with a tenor of 1 year and more than 5 years announced in August. The specific calculation is as follows:

Let the APR r and the monthly interest rate r be 12, then there is:

50000*r/12*(1+r/12)^36/[(1+r/12)^36-1]=

r=rate(36,,50000)*12=Description: 36 is to the 36th power.