Browsing: Finance

Most people, when they don't need a loan, have almost never paid attention to loan information, whether it is loan products, loan processes or policies. They often pay attention to it when they suddenly need a loan, but the larger the loan demands, the more details they need to prepare in advance. The more prepared you are, the more likely you are to find a cheap loan.

A home loan is a financial service in which an individual or family borrows money from a bank or other financial institution for the purchase of a property. The loan amount is usually used to pay for the purchase of a property, and the property purchased is used as collateral. During the loan period, the borrower repays the principal and interest of the loan in installments at the agreed time and interest rate.

As the epidemic continues to spread, more and more people are applying for refinancing, accounting for almost 85% of our total loans in the past two months, an increase of 73% year-on-year. However, I found that when many people consult about refinancing, they actually don’t know that not everyone is suitable for refinancing at this stage. In the next few issues, I will gradually introduce some information related to refinancing, hoping to let everyone know in advance whether they are suitable for refinancing at this stage.