Personal loan How to choose the amount, term and repayment method of personal loan?

If I can provide you with a credit personal loan of 2 million yuan, the first interest and then the capital, with the use and repayment, the period of 20 years, is it particularly sweet?

1, the amount is high enough, there is a standby fund at any time, turnover is no longer begging;

2, as it is used, it is taken out and counted as a day of interest. Do not use, do not count interest;

3, the personal loan term is long enough, personal loan don't worry about withdrawing personal loan, there are bridge problems.

But in reality, there is no such perfect credit.

1. Credit limits,

The general limit can be very limited, credit management, thirty or fifty is very high.

If you want a high amount, you have to post collateral, usually up to 10 million people.

Of course, there are also very high business credit personal loans, up to 5 million to your name, you need to run a good enough business, you need to have assets under your name.

However, it should not be used for too long. Generally, it must be used once a year for up to three years.

2, the best way to repay,

It must be the interest before the principal. When it is due, it will be returned with the principal and interest.

This effective interest rate is the lowest and has the least impact on day-to-day cash flow.

Very few banks have developed offering to learn this method of repayment.

Under normal circumstances, it is best to take a break first and then this. A million, only 3,000 interest a month, smells good.

And then there's the equal payment.

Why do mortgages smell good? Because it takes a long time, up to 30 years, which is 360 instalments. If the personal loan amount is divided by 360, the monthly payment will be much less.

If that day, the mortgaged personal loan can interest originally, this is the perfect personal loan.

Power engine, can borrow this money, the average person is not willing to.

3, the term

Good loans are certainly the best ones we can extend indefinitely.

Personal banking, the limit is very high, but the credit is only one year, this kind of money, is also dangerous.

Because a lot of employers, it's easy to make the mistake of short-term debt, long-term investment.

One year is due, there is no money to repay the principal, and what is more troublesome is that bridge financing, both are costs.

Therefore, the longer the individual letter, the better.

To summarize, how personal information can be used to select a business personal loan, keep the following principles:

Amount: The higher the better;

Duration: the longer the better;

Repayment method: Interest before this, with returns, preferably.

Of course, the above is just the ideal situation, just say.

To be specific, we will make a comprehensive analysis from the situation of individual qualifications and needs.

No matter how good the product is, it may not be right for you.

Suitable for students themselves, is our best.