Is the interest on comfort flowers high?

Not high, the interest on comfortable consumption is not high, which is similar to the interest on credit cards. The interest of comfortable flowers is calculated on a daily basis, with daily interest = remaining unpaid principal * daily interest rate, and the daily interest rate is between 0.02% and 0.0483%. In addition, Anyihua generally has two free withdrawals, and there will be withdrawal fees after the number of withdrawals is exceeded. The fee is 2% of the loan amount, and the maximum charge is 100 yuan.

Anyihua is a pure credit cash loan, and the system will automatically review it after submitting the application. The loan amount is between1-200,000, and the first loan is usually around several thousand yuan. With the timely repayment, the amount can be gradually increased, which is suitable for office workers who urgently need money.

Second,

The cost of comfort flower is divided into interest, handling fee, penalty interest, service fee, cash withdrawal fee and so on.

1, interest

Shuxinhua pays interest on a daily basis and borrows it and pays it back. Similar to loans and small loans, interest is calculated according to the number of days actually needed.

Calculation formula: daily interest = remaining unpaid principal * daily interest rate.

The daily interest rate is as low as 0.0483%, which depends on the qualification and credibility of the borrower. Suppose Xiao Wang borrows 5000 yuan from An Yihua, and the daily interest rate is 0.0483%, then the interest of 1 day =5000*0.0483%=2.4 yuan.

2. Handling fee

Every time you apply for Easy Flower Shop, you need to pay the withdrawal fee. The specific formula is = single loan amount * 1%, and the maximum 30 yuan is calculated according to the actual amount.

3. Penalty interest

In case of overdue repayment, penalty interest shall be calculated on a daily basis, with penalty interest = overdue principal *0.3%. The longer the delay, the higher the cost.

In short, Anyihua is a product of instant finance, which is an institution approved by the China Banking Regulatory Commission, so it does not belong to usury and anti-aircraft gun platforms, and all expenses are within the legal scope. The interest rate of comfort flowers varies from person to person. People with different qualifications may apply for comfortable flowers, and the interest rate may be different. According to official data, the daily interest rate of Anyihua is as low as 0.02% and as high as 0.0483%. From this perspective, Anyihua's interest rate is not very high. After all, the annualized interest rate is between 7.2%- 17.388%, not exceeding 24%, which has not yet reached the standard of usury. However, many netizens who have applied for Anyihua said that Anyihua's interest is very high. In fact, this is because EasyFlower charges some service fees and handling fees. If the repayment is overdue, the overdue penalty interest is also very high. Generally speaking, the service fee for comfortable flowers is calculated according to the actual loan days, and the rate is usually between 0.008 1%-0.06 14%. If the borrower withdraws the cash, a handling fee of 65438+ 0% of the single loan amount will be charged. Overdue, 0.3% of the amount owed will be charged as overdue penalty. When these total expenses are added together, the comfort flowers will naturally have more money to pay back.