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Many banks' credit consumer loan interest rates will be raised in stages from April, and consumer loans with interest rates below 3% may be suspended

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2025-03-30 00:36:24
On March 30, it was learned from some joint-stock banks and local branches of large state-owned banks that a number of banks have received a notice from the head office that the annualized interest rate of credit consumer loan products may be raised to no less than 3% from April. A staff member of the personal loan department of a branch in East China of a joint-stock bank reminded customers who have received loans with interest rates below 3% that "customers who have not withdrawn their money should withdraw their money before Monday (March 31) ". Another staff member of the personal loan of a large state-owned bank in southern China issued an internal notice saying that "they will notify their customers of the measurement or withdrawal work in a timely manner".
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