How about China Merchants Bank's lightning loan? It turned out to be such a product!

China Merchants Bank is a popular bank with a wide distribution of outlets and a good service attitude. The registered users of its handheld life are far ahead. Many people have CMB credit cards and savings cards. At the same time, China Merchants Bank's lightning loan is also a popular product, and some qualified users can easily obtain the quota. So what kind of product is China Merchants Bank Lightning Loan? Let's get to know each other.

China Merchants Bank's lightning loan is only open to qualified users, and not everyone can apply. In addition, if you want to apply for a lightning loan, you must first open a China Merchants Bank card. You can pay attention to your mobile phone text messages. If you receive an invitation message from China Merchants Bank, it proves that you meet the requirements of gradual invitation. You can try to apply for a lightning loan.

Basic application conditions:

1, personal credit is good, and there can be no overdue at present, let alone serious overdue records;

2. There is no internal loan for 2 years and the credit card is not overdue;

3. You can check your lightning loan amount in China Merchants Bank card.

Basic information of lightning loan of China Merchants Bank:

The amount is between 1 0,000 and 500,000. If the average individual pays a customer, the amount is less than 300,000 yuan, which is relatively high. According to user feedback, the amount of the first application is often not high. There are two loan terms: 1 year and 2 years. The amount of the business owner is less than 200,000 yuan, and the loan period is divided into three types: 1 month, 2 months and 1 year.

Interest algorithm for lightning loan of China Merchants Bank:

The loan interest rate of China Merchants Bank's lightning loan is between 4.2 and 4.8 per day, and the annual interest rate is about 15. 12%, which is lower than the annual interest rate of private loans, but much higher than other banks. You can weigh it before applying.

To sum up, China Merchants Bank's lightning loan is a bank loan with low threshold and flexible repayment. If there are users who need money urgently, they can consider it. However, because the interest rate of lightning loan is not so favorable, we should decide according to our own situation and not increase the repayment pressure.