Ping An Easy Loan has an upfront costHow about Ping An Easy Loan?

Yes, it's probably to provide a guarantee for the platform, which is normal.

There is no upfront cost for regular Ping An Easy Loan, and if you charge upfront fees, then it must be an intermediary or **.

Yes, there is an upfront fee.

It's normal to need a little upfront cost.

Yes, there is an upfront fee.

It's just that the margin has been used.

It's quite normal to have a little upfront cost.

The upfront costs are all basic.

It's the basic security fee.

I guess I've used the agency fee.

It's normal to charge some fees.

Generally not needed.

If it's a lot, it's definitely **.

It's better to be cautious about this.

It's also normal.

Well. I don't think it's low.

1. "Ping An Easy Loan Insurance" is a new type of mortgage-free loan product launched by Ping An Group of China, which is a credit guarantee insurance product for ordinary residents to carry out unsecured loan business. As long as the insurance is successful, the policyholder can apply for a small loan (10,000-150,000) issued by the cooperative bank, without collateral or guarantee, with simple procedures, flexible term, fast approval and high comprehensive interest rate

According to the relevant regulations of the China Banking Regulatory Commission, no loan shall be used for investment**, futures market or any other equity investment. Ping An Easy Loan Insurance Loan can be used for any reasonable enterprise's capital turnover and emergency or shortage of funds, including the purchase of supplies, etc.

Second, Ping An Group's new "credit guarantee insurance" solves the problem, the lender has no collateral, the bank is worried that the customer can not repay the loan, unable to control the risk, so the bank then handed over the risk management to Ping An control, Ping An to accept the customer information, if Ping An has been reviewed, it is determined that the applicant has sufficient ability to repay, then the customer signed a "credit guarantee insurance" With credit insurance customers, Jiansui is equivalent to having Ping An Group as a credit guarantee, and can directly bring the credit policy to the cooperative bank to sign a "personal consumption loan" contract, and after the contract is signed, the cooperative bank will lend to the applicant's account according to the date specified in the contract.

Tips: Ping An's credit guarantee insurance premium does not need to be paid in advance, the insurance premium will be deducted in full at one time after the loan is settled, and the bank interest and monthly repayment amount will be deducted regularly every month.

Ping An Easy Loan is a guarantee insurance product for ordinary residents to carry out unsecured loan business, as long as the insurance is successful, the policyholder can apply for a small loan issued by the cooperative bank, no mortgage is required, and the operation is simple. So, what is the expected annualized interest rate of such a convenient financial product? (

How to calculate the interest of Ping An Easy Loan? Ping An Easy Loan, monthly annual interest account opening fee, 3% handling fee for early repayment, and a minimum annual interest of 30%. It is the blackest in the industry, more expensive than a credit card, and the maximum personal loan does not exceed 100,000.

If you need money urgently, you can choose Standard Chartered or Citigroup, which is much more cost-effective for foreign banks.

According to the monthly loan cost of Ping An Easy Loan, if the loan is 20,000 yuan, repaid in 24 installments, the monthly principal payable is about 833 yuan, and the monthly interest and premium payable is 460 yuan, so the total monthly repayment is about 1,293 yuan. Is Ping An Easy Loan a loan shark? Because the early cost paid by the borrower mainly includes the premium and loan interest, and from the perspective of loan interest alone, it is less than the expected annualized interest rate of the central bank's loan benchmark, so it really cannot be called usury.

The interest of Ping An Easy Loan is divided into two parts, one is the credit guarantee insurance premium charged by Ping An Property Insurance Company, and the other part is the bank interest charged by the lending bank.

The total cost of a one-year Ping An Easy Loan loan = credit guarantee insurance premium + bank quasi-interest rate = about 27%, which is equivalent to about monthly interest. The interest rate is a little higher than the bank's Zheng Huai interest rate, but this kind of unsecured and unsecured loan is still very convenient for individual users.