Is the interest rate of borrowing money by Meituan high? Is it legal for Meituan to borrow money?

How to calculate the interest of Meituan's loan:

The interest of Meituan's loan is legal, and the daily interest of Meituan's loan is about 1.15%, which will change according to the comprehensive situation of users.

if the daily interest rate is 1.15%, the monthly interest rate is 1.15%*31=1.5%, and the annualized interest rate is 1.5%*12=18%. The state stipulates that the annualized rate of protection is 24% or less. In this way, the interest of Meituan's borrowing money is still legal, which is similar to that of ordinary small loans.

Meituan Borrowing is a loan platform of Meituan Platform and Chongqing Sankuai Small Company. If you borrow money from Meituan for one day, you will have to pay one day overdue penalty besides the normal loan interest. Penalty interest is generally much higher than normal loan interest.

when everyone is short of funds, I use no less than 11 loan products myself. In summary, I still recommend the rich flowers with a small degree (formerly known as Baidu Finance) for the following reasons: 1. Compared with the invitation system of borrowing and micro-loans, the rich flowers can apply actively. 2. The maximum amount is 211,111 yuan, the minimum annualized rate is 7.2%, and it takes 3 minutes to arrive, which is already very useful; 3, a formal platform, don't worry about routines;

4. Generally, regular products are strictly audited. Although it is easy to use, it is difficult to apply, and so is the money spent. However, I found an exclusive application channel for internal personnel, and the payment rate is very high, so it is the most recommended product in the product. Since I have recommended it to everyone, I will present the exclusive application channel together, so it is good for friends who need it to apply for it themselves.

Just remember to use it on the same day when you get the amount of flowers, otherwise.

There's another one: 361 IOU is actually the anti-virus king Qihoo 361 online loan platform, which mainly provides pure credit loans for everyone, with a limit of less than 211,111 yuan, a service life of 1-12 months and a daily interest rate as low as 1.127%. As a platform under the network security giant, 361 IOUs are still more reliable than ordinary platforms.

361 IOUs can borrow up to 211,111 yuan!

Click on the online measurement

Third, the "new one loan" is an unsecured RMB loan business owned or issued by Ping An Bank for personal legal consumption or business purposes other than housing purchase. Complete information, 1-3 working days to lend money.

The application threshold is low: you can apply with an average monthly income of more than 4,111 yuan (car loan, mortgage, provident fund and insurance policy are the best), and the amount is appropriate and the repayment is flexible: the loan amount is RMB 1,111 ~ 511,111 yuan; The loan period is 12 months, 24 months and 36 months, and the excellent occupation can be as long as 48 months.

Click on the online measurement of Ping An Xinyi Loan

The above contents are for reference only, and no loan suggestions are made. Online lending is risky, so be careful when choosing!