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Product classification

Loan interest

Loan interest

Interest on loans refers to the lender because the issue of money and get paid from borrowers, borrowers use funds must pay a price. Bank lending rate refers to the term of loan interest and the proportion of this amount. With banks and other financial institutions as lenders the interest rate of the loan contract, Collars only in the Bank of China provided by the parties in the context of consultations. Higher loan interest rates, borrower payments increase after the loan period, on the contrary, decreases. Three major factors in determining loan interest: the loan amount, loan term, loan interest rates. BACK

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